Corporations React to the Various Pressures and Constituencies Connected to the Topic

question 91

Multiple Choice

Corporations react to the various pressures and constituencies connected to the topic of social responsibility in different ways.Defenders ________.

• A) actively seek legal loopholes in conducting their business
• B) abide by the letter of the law
• C) make changes when they feel pressurized by constituencies
• D) anticipate harmful consequences independent of pressures and laws

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Definitions:

Price Elastic

Refers to the responsiveness of the quantity demanded or supplied of a good to a change in its price.

Demand

The desire for a particular good or service combined with the willingness and ability to pay for it.

Ben & Jerry's

A popular American company known for its high-quality, creatively flavored ice creams, frozen yogurts, and sorbets.

Demand Curve

A visual diagram that illustrates how the demand for a product varies with its price, usually showing a decline from left to right.