According to Michael Porter,a Company Should Not Undertake a Corporate

question 39

Multiple Choice

According to Michael Porter,a company should not undertake a corporate social responsibility project unless

• A)it is profitable for the company in its own right.
• B)it improves the company's reputation.
• C)it truly makes a difference in the world.
• D)it is absolutely necessary to do business.

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Definitions:

Elderly Person

An individual who is significantly advanced in age, typically considered to be aged 65 years or older.

Implicit Marginal Tax Rates

The rate at which additional income is taxed, considering both explicit tax rates and the effect of phase-outs of tax benefits or welfare benefits.

Income Assistance

Financial support provided by governmental or non-profit organizations to individuals with insufficient income to meet their basic needs.

War on Poverty

A set of government policies and programs introduced in the 1960s in the United States aiming to reduce poverty and improve the living standards of Americans.