Which of the Following Is Not a Practical Justification for Practicing

question 49

Multiple Choice

Which of the following is not a practical justification for practicing corporate social responsibility?

• A) It helps attract high-quality employees.
• B) Employees tend to be more emotionally committed to the company.
• C) Executives will later be given greater latitude by governmental oversight when moral lapses inevitably occur.
• D) Public perception of the company will improve.

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Definitions:

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value to an organization or country.

Compensating Differentials

Wage differences among jobs that reflect the desirability of the job or the cost associated with undesirable job attributes.

Monetary Compensation

The financial payment given to an employee for their services or to an individual as a settlement.

Human Capital Theory

An economic perspective that views individuals' skills, knowledge, and experience as productive assets that can improve their earnings and contribute to a country's economic growth.