Which of the Following Statements About Corporate Spending on Social

question 9

Multiple Choice

Which of the following statements about corporate spending on social issues and community involvement are true?

• A) Corporations should spend whatever is needed to maximize society's well-being.
• B) It is part of a corporation's contract with society to provide funds for the common good.
• C) Most corporations today operate under the rules of socialism.
• D) Managers of corporations try to show how the company's commitment to community involvement and development contribute to the corporate goals.
• E) All of the above statements about corporate spending on social issues and community involvement are true.

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Definitions:

Cloture

A legislative procedure used to end a filibuster in the Senate, requiring a supermajority vote to close debate on a bill or nomination and proceed to a vote.

Filibuster

A parliamentary procedure where debate over a proposed piece of legislation is extended, allowing one or more members to delay or entirely prevent a vote on the proposal.

Rules Committee

A committee in the U.S. House of Representatives responsible for determining under what rule other bills will come to the floor.

Majority Leader

A term referring to the head of the majority party in a legislative body, responsible for coordinating legislative strategy and acting as a spokesperson for the majority party.