Social Responsibility

question 22

Multiple Choice

Social responsibility

• A) has little or no associated costs.
• B) can be extremely expensive and provides very little benefit to a company.
• C) has become less important as businesses become more competitive.
• D) is generally a crafty scheme to put competitors out of business.
• E) is costly but provides tremendous benefits to society and the business.

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Definitions:

Disparate Impact

An effect of policies or practices that adversely affect one group of people more significantly than another, even if unintentional.

Substantially-Equal-Work

Refers to a legal standard requiring tasks that require comparable skill, effort, and responsibility, and performed under similar working conditions, to be compensated equally.

Equal Pay Act

A law aimed at abolishing wage disparity based on sex by requiring equal pay for equal work.

Equal Responsibility

Equal responsibility entails all parties or individuals involved having the same level of accountability or duty in a given situation.