The More Socially and Environmentally Responsible a Company Is

question 33

Multiple Choice

The more socially and environmentally responsible a company is:

• A) the lower profits will be.
• B) the lower the company's satisfaction scores will be.
• C) the lower the company's employee engagement scores will be.
• D) the lower the company's total shareholder returns will be.
• E) the more attractive it becomes as an employer.

---

Definitions:

Legal Cartel Theory

A concept in economic theory suggesting that certain legal frameworks or conditions can enable firms to engage in cartel-like behavior without explicit agreements.

Sherman Act

A landmark federal statute in the field of United States antitrust law passed by Congress in 1890 to prohibit monopolistic business practices.

Monopoly Power

Monopoly power refers to the ability of a single seller or company to control the market for a particular good or service, allowing it to set prices above competitive levels.