Why Does a Company Act Voluntarily in Implementing Procedures and Equipment

question 75

Multiple Choice

Why does a company act voluntarily in implementing procedures and equipment beyond the statutory requirements?

• A) To avoid criminal penalties if there is ever a misstep
• B) For purposes of good relations with regulators and community
• C) To maximize shareholder value over the long term
• D) Both b and c
• E) a, b and c

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Definitions:

Intersex Condition

A variation in sex characteristics including chromosomes, gonads, or genitals that does not fit typical binary notions of male or female bodies.

Prenatal Development

The process of growth and development within the womb from conception until birth.

Testosterone

A steroid hormone that plays a key role in the development of male reproductive tissues as well as promoting secondary sexual characteristics such as muscle and bone mass, and the growth of body hair.

Cultural Influence

The impact that the shared beliefs, values, norms, and practices of a group have on the behavior and attitudes of its members.