If Firms Are Social Institutions That Must Identify with the Values

question 70

Multiple Choice

If firms are social institutions that must identify with the values of society, then:

• A)Shareholders will invest elsewhere if their values are not met
• B)Firms have no freedom to make profit
• C)When society's values change, the strategies and behaviors of firms must change as well
• D)There will need to be additional members of society on the board of directors

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Definitions:

Keyboard Design

The process of designing layouts and key arrangements in keyboards to optimize ergonomics and efficiency in typing.

Noisy Work Environment

Refers to workplaces where the sound levels are excessively high, potentially leading to distraction or hearing impairment.

Dangerous Materials

Substances that pose risks to health, safety, property, or the environment due to their chemical, physical, or biological characteristics, necessitating careful handling and transport.

Added Responsibility

Additional duties or tasks assigned to an individual or team beyond their current role.