STU Was Involved with Social Responsibility Where They Sought to Reduce

question 52

Multiple Choice

STU was involved with social responsibility where they sought to reduce harm (sending bottled water to hurricane victims, etc.) and now they are measuring their social impact.Before switching to being a social entrepreneurship, STU was ______.

• A)profiteering
• B)operating with corporate social responsibility
• C)operating as a social entrepreneurship
• D)maximizing their charitable contributions

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Definitions:

Public Company Accounting Oversight Board

A regulatory body established by Congress to oversee the audits of public companies in order to protect investors and the public interest.

Return on Assets Ratio

An indicator of how profitable a company is relative to its total assets, measuring the efficiency of asset use.

Operating Income

The income produced from the normal operations of a company, subtracting operating expenses from gross profit.

Average Total Assets

A measure used to evaluate a company's efficiency and profitability, calculated by averaging the total assets at the beginning and end of an accounting period.