The RedCap Corporation Is Committed to Social Responsibility

question 24

Multiple Choice

The RedCap Corporation is committed to social responsibility. It is looking for a new shipping partner and has found LogiSpec, one that seems to be perfect since it employs individuals with disabilities, contributes a portion of profit to the local school system, and allows its employees to work on flextime. RedCap is very interested in LogiSpec's attention to social responsibility. However, its pricing is almost 12% higher than other shippers RedCap is considering. The fact that RedCap's decision has to balance the company's desire for social responsibility and investors' desires for profits is an example of a(n) ____ responsibility.

• A) ethical
• B) legal
• C) cost
• D) philanthropic
• E) economic

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Definitions:

Leases

Legal agreements granting use or occupation of property during a specified period in exchange for a specified rent or terms.

Duration

The duration or period that something exists or persists.

Property Owner

An individual or entity that holds legal title and ownership rights over a piece of property.

Less

Used to indicate a smaller amount or degree of something compared to another amount or thing.