Which of the Following Is a Unique Feature of the Citizenship

question 59

Multiple Choice

Which of the following is a unique feature of the citizenship component of corporate social responsibility?

• A) It demands that organizations follow the prescribed ethical codes for their business.
• B) It proposes that law represents society's codification of right and wrong and must therefore be followed.
• C) It ensures legal compliance so that a company's reputation is protected against allegations like violation of intellectual property rights or labor laws.
• D) It argues that organizations should contribute resources to improve the quality of life in the communities in which they work.
• E) It represents the conventional level of moral development.

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Definitions:

Warranty Expense

Costs that a company expects to incur under its product warranty promises for repairing or replacing defective products sold.

Employer's Payroll Taxes Expenses

Employer's payroll taxes expenses refer to the taxes that employers are required to pay on behalf of their employees, including social security, Medicare taxes, and federal and state unemployment taxes.

FICA Tax

Federal Insurance Contributions Act tax, a U.S. payroll tax deducted to fund the Social Security and Medicare programs.

FUTA Tax

The Federal Unemployment Tax Act tax, paid by employers to fund the unemployment account of the federal government.