Which of the Following Does B Lab Hope for with Respect

question 79

Multiple Choice

Which of the following does B Lab hope for with respect to the B Corporation status it created?

• A) the encouragement of more nonprofit organization creation through success of B Corporations
• B) a tax-exempt status for B Corporations
• C) a new tax class specifically for B Corporations that rewards ethical behavior
• D) the conversion of all C Corporations to B Corporations

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Definitions:

Group Decisions

The process by which two or more individuals agree upon a decision within a group setting, often requiring negotiation and compromise.

Consequential Theories

Ethical theories that determine the rightness or wrongness of actions based on their outcomes or results.

Rule-based Theories

Philosophical theories that emphasize the importance of following structured, predefined rules or guidelines to determine moral conduct or decision-making processes.

Character Theories

Theories that attempt to explain aspects of a person's character, often focusing on traits, motivations, and behaviors that define their personality.