The Social Audit Is

question 92

Multiple Choice

The social audit is

• A) a company report that always includes a net social contribution.
• B) a government-mandated report required of all firms that have a business license.
• C) a company evaluation that measures the firm's social contributions inside and outside of the firm.
• D) a recent development that creates a ratio to compare a firm's corporate philanthropy to its profits.

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Definitions:

Punitive Damages

Financial compensation awarded to a plaintiff that goes beyond what is necessary to compensate for losses and is intended to punish the defendant for egregious conduct.

Defendant

The person, party, or entity against whom a civil or criminal lawsuit is filed in a court of law.

Slander

The act of making false and damaging spoken statements about someone, leading to harming their reputation.

Libel

A published false statement that is damaging to a person's reputation; a written defamation.