XYZ Corporation Expects Its Managers and Employees to Testify at Congressional

question 19

Multiple Choice

XYZ Corporation expects its managers and employees to testify at congressional hearings and appear before state legislatures to advocate policy positions on everything from taxes to activities in national parks. What risk does XYZ Corporation have because of this policy?

• A) None because social responsibility involvement enhances the reputation of   XYZ
• B) Backlash from those who feel differently about these issues
• C) Shareholder sell-offs because of the positions taken
• D) Both b and c

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Definitions:

Technological Growth

An increase in the efficiency of producing goods and services due to improvements in technology, innovation, and methods.

Skilled Workers

Individuals who have acquired special training, education, knowledge, and abilities to perform specific tasks efficiently.

In-kind Transfers

Non-cash transfers of goods or services provided to individuals or groups, often utilized in social welfare programs.

Welfare Programs

Welfare programs are government initiatives designed to support individuals and families in need by providing financial aid, healthcare, food assistance, and other basic necessities.