Strategic ESG Is Intended to

question 23

Multiple Choice

Strategic ESG is intended to

• A)increase profits while doing something good at the same time.
• B)follow Milton Friedman's guidance on firm behavior.
• C)be purely altruistic in nature.
• D)avoid the legal and ethical obligations managers have to shareholders.

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Definitions:

Permanent Working Capital

The minimum amount of working capital that a company needs to operate continuously.

Long-Term Debt

Borrowings by a company that are due for repayment after one year or more.

Tax Breaks

A reduction in the amount of taxes that an individual or company owes to the government, often used to incentivize certain behaviors or investments.

Net Working Capital

Net working capital is a financial metric that represents the difference between a company's current assets and current liabilities.