_____ Can Be Defined as the Actions of a Firm

question 53

Multiple Choice

_____ can be defined as the actions of a firm to benefit society beyond the requirements of the law and the direct interests of the firm.

• A) Corporate social responsibility
• B) Law
• C) Governance
• D) Ethics

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Definitions:

Preliminary Injunction

A temporary court order issued at the beginning of a legal action, prohibiting a party from performing a specific act until a final decision is made.

Merger

The process by which two or more companies combine into one entity, often to expand market share or reduce competition.

Registration Statement

A legal document filed with securities regulatory authorities disclosing important details about a company’s operations, securities, and management, primarily for the public and investors.

Management Buyout

An acquisition where a company's existing managers acquire a large part or all of the company from the current owners.