Which of the Following Corporate Social Responsibility Strategies Is Likely

question 85

Multiple Choice

Which of the following corporate social responsibility strategies is likely to be most effective in minimizing confrontations with influential activists and lobbyists?

• A) Continually evaluate the needs and opinions of all stakeholder groups.
• B) Ensure strict compliance with applicable laws and regulations to avoid incidents.
• C) Maintain a comprehensive publicity campaign that highlights the organization's efforts.
• D) Increase goodwill through philanthropic activities among stakeholder communities.

---

Definitions:

Marginal Revenue Product

The additional revenue generated by employing one more unit of a factor, like labor or capital, indicating the value of the marginal product of the factor.

Marginal Resource Cost

The additional cost incurred by using one more unit of a resource in production, contributing to decision-making about resource allocation.

Labor Demand Data

Information and statistics related to the number of workers that employers are willing and able to hire at different wage levels.

Labor Supply Data

Information and statistics regarding the availability of workers and their willingness to work at various wage levels.