Which of the Following Actions Is Consistent with Social Responsibility

question 80

Multiple Choice

Which of the following actions is consistent with social responsibility but is necessarily inconsistent with stockholder wealth maximization?

• A) Investing in a smokestack "scrubber" to reduce the firm's air pollution as mandated by law.
• B) Voluntarily installing expensive machinery to treat effluent discharge which currently is being dumped into a river where it is ruining the drinking water of the community where the plant is located.
• C) Investing in a smokestack filter to reduce sulphur-dioxide emissions in order to reduce the current tax being levied on the firm by the state for its pollution.
• D) Making a large corporate donation to the local community in order to fund a recreation complex that will be used by the community and the firm's employees.
• E) Each of the above actions is consistent with social responsibility and none is necessarily inconsistent with stockholder wealth maximization.

Understand how external factors (like loan indentures, covenants) can limit a firm’s dividend payments and impact on financial planning.

Understand the importance and techniques of prioritizing problems in social work.

Grasp the concept of partialization in breaking down tasks or services in social work.

Recognize the significance of the engagement process location and strategies in social work.

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Definitions:

Cultural Script

A set of behaviors, expectations, and norms that are learned and shared within a cultural or social group, guiding interactions and shaping individual behaviors.

Erotic Dreams

Dreams with sexual content or themes, reflecting desires, experiences, or subconscious thoughts.

Sexual Fantasies

Imaginations of sexual activities or desires, which may or may not reflect a person's real-life sexual experiences or interests.

Intrapersonal Script

A cognitive structure that represents one's ideas and beliefs about themselves, influencing their behaviors and interactions.