Which of the Following Statements Best Describes a Reason Why

question 28

Multiple Choice

Which of the following statements best describes a reason why organizations pursue corporate social responsibility (CSR) goals and promote a work environment in which employees are encouraged to act ethically when making business decisions?

• A)To enjoy higher employee turnover rates
• B)To define a variable approach for dealing with stakeholders
• C)To gain the goodwill of the community
• D)To increase unfavorable publicity

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Definitions:

Excise Taxes

Taxes levied on the sale of specific goods and services, such as gasoline, cigarettes, and alcohol.

Fiscal Year

A fiscal year is a one-year period that companies and governments use for accounting purposes and preparing financial statements, which does not necessarily align with the calendar year.

Social Security Tax

Taxes collected to fund the Social Security program, providing benefits for retirement, disability, and survivors.

Personal Income Tax

A tax levied on individuals or households by the government based on their income, with rates typically increasing as income increases.