What are some of the precautions that a firm must take when investing in corporate social responsibility (CSR)?

What will be an ideal response?


David Vogel, a political science professor at Berkeley, contends that while there is a market for firms with strong corporate social responsibility (CSR) missions, it is a niche market and one that therefore caters to only a small group of consumers or investors. He argues that, contrary to a global shift in the business environment, CSR instead should be perceived as just one option for a business strategy that might be appropriate for certain types of firms under certain conditions, such as those with well-known brand names and reputations that are subject to threats by activists. He warns of the exposure a firm might suffer if it then does not live up to its CSR promises. He also cautions against investing in CSR when consumers are not willing to pay higher prices to support that investment.

Business

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______________________________ is the use of information technology to automate significant portions of the procurement process

Fill in the blank(s) with correct word

Business

Greg and her, the olympic medalists won the skating competition

What will be an ideal response?

Business

Microsoft's alliance with immuno-sequencing company Adaptive Biotechnologies can be called "strategic" because it serves all of the following strategic purposes except

A. accelerates drug development and bring new therapies to patients sooner than if each party had "gone it alone." B. blocks a competitive threat from Amazon to become a healthcare industry player. C. opens up important new healthcare market opportunities for both alliance members. D. contracts out certain value chain activities by both parties to outside vendors. E. builds, sustains, or enhances Microsoft's core competence in artificial intelligence.

Business

Debts that cannot be discharged in bankruptcy include all EXCEPT:

a. alimony. b. income taxes. c. negligence judgments. d. fraud judgments.

Business