Which of the Following Statements Is True of a Corporate

question 33

Multiple Choice

Which of the following statements is true of a corporate social responsibility (CSR) approach to doing business?

• A) It does not help alleviate poverty.
• B) It reduces companies' earning potential by a significant amount.
• C) It can maximize long-term profitability.
• D) It furthers social good but is limited to the requirement of the law.

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Definitions:

Healthy Working Relationship

A positive and productive interaction between employers and employees characterized by mutual respect, good communication, and a collaborative approach to solving workplace issues.

Human Resources School

A perspective in industrial relations that emphasizes the management of human resources to achieve organizational efficiency and employee satisfaction.

You Get The Union

This phrase is typically used in organizing efforts, implying that employees will receive the benefits and protections of union representation if they choose to unionize.

Unequal Bargaining Power

Refers to situations where one party in a negotiation has more influence or control than the other, often leading to imbalanced outcomes.