The Business Case for Why Companies Should Act in a Socially

question 96

Multiple Choice

The business case for why companies should act in a socially responsible manner DOES NOT include such reasons as

• A) generating internal benefits (such as improved employee recruiting, workforce retention, training, and worker productivity).
• B) reducing the risk of reputation-damaging incidents.
• C) acting in the best interest of shareholders in terms of increased stock price and financial performance.
• D) increasing buyer patronage and customer loyalty.
• E) reducing the triple bottom line.

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Definitions:

Price of the Good

The amount of money required to purchase a specific product or service in the market.

Resources Used

This term encompasses all the inputs, including labor, capital, and natural resources, utilized in the production of goods and services.

Tax on Milk

A specific fiscal policy imposing a financial charge on the sale or consumption of milk.

Household Income

The combined income of all members of a household, often used as a measure of the economic status of the household.