The Company Brings in Help from Outside to Evaluate Decisions

question 80

Multiple Choice

The company brings in help from outside to evaluate decisions and management practices in relation to the organization's code of ethics.These evaluations are called ________.

• A) social responsibility mechanisms
• B) social protective mechanisms
• C) independent social audits
• D) independent impact assessments

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Definitions:

Benefit Corporations

A type of for-profit corporate entity, which includes positive impact on society, workers, the community, and the environment in addition to profit as its legally defined goals.

Profitable

A financial state where revenues exceed expenses, generating a positive financial gain from business operations.

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights and interests in the company.

Deontological Thinker

An individual who bases ethical decision-making on fixed moral rules or duties, regardless of the outcomes these decisions may produce.