Application of Corporate Social Responsibility

question 20

Multiple Choice

Application of Corporate Social Responsibility
Kerri was confused. Her management class was focusing on social responsibility, and her assignment was to find business cases demonstrating social responsibility. She had several examples, but now she was not sure which case was an example of which concept. Her first business dealt with the tuna industry, which in response to pressure from environmentalists, had stated dolphins would no longer be caught with the tuna. Her second business dealt with a company whose primary focus was on profit maximization for its stockholders. The primary focus of this company was legal compliance and profit maximization. Her third business was in the tobacco industry that each year gives thousands of dollars to the arts. Her fourth business also dealt with the tobacco companies and the fact they were no longer advertising near local schools. Legislation had been enacted in order to prevent cigarettes from being promoted in locations where children under the age of 18 would be likely to see the advertisements.
-The first business is an example of a business that has

• A)social responsibility.
• B)social responsiveness.
• C)social obligation.
• D)moral obligation.

Learn strategies to correct multiply controlled behaviors.

Recognize when and why it might be necessary to overrule functional assessment results.

Distinguish between behaviors that do and do not require intervention.

Understand what makes an assessment functional in terms of behavioral modification.

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Definitions:

Publicly Traded

Describes a company whose shares are available for purchase by the general public on a stock exchange.

Conversion Ratio

The specific number of shares an investor can receive for every convertible security if they decide to convert it into stock.

Convertible Bond

A type of bond that can be converted into a predetermined number of the issuer's shares, typically at the option of the holder.

Shares of Stock

Units of ownership interest in a corporation or financial asset, allowing the holder to a part of the corporation's profits.