The Business Case for Why Companies Should Act in a Socially

question 27

Multiple Choice

The business case for why companies should act in a socially responsible manner includes such reasons as it

• A)generates internal operating benefits (as concerns employee recruiting, workforce retention, employee morale, and training costs).
• B)increases the risk of reputation-damaging incidents.
• C)is not in the best interest of shareholders.
• D)can lead to decreased buyer patronage.
• E)can increase costs and reduce employee retention.

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Definitions:

Civil Disobedience

The active, nonviolent refusal to obey a law that is deemed unjust.

Thoreau's Criteria

Standards or principles established by the American transcendentalist Henry David Thoreau, often related to civil disobedience and living simply.

Rule of Law

The principle that all people and institutions are subject to and accountable to law that is fairly applied and enforced.

Government Authority

The legal and formal right given to officials or bodies to make decisions, enforce laws, and administer public resources.