The Relationship Between Social Responsibility and Financial Performance Has Been

question 70

Multiple Choice

The relationship between social responsibility and financial performance has been shown to be _____.

• A) non-existent
• B) positive
• C) negative
• D) not important
• E) a reflection of top leadership

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Definitions:

Normal Good

A type of good for which demand increases when income increases and falls when income decreases, with other factors being constant.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, opposite to normal goods.

Luxury

A good or service that is considered non-essential but desirable, often characterized by high quality, exclusivity, and a high price.

Necessity

A good or service that is essential for survival or basic living, such as food, water, or shelter.