Efforts to Improve the Quality of Life in the Communities

question 100

True/False

Efforts to improve the quality of life in the communities in which organizations work is typically an effort that comes under the citizenship component of corporate social responsibility.

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Definitions:

Usury Laws

Regulations governing the amount of interest that can be charged on a loan, designed to protect consumers from excessive rates.

Price Floors

A government- or group-imposed minimum price set above the equilibrium price, preventing market prices from dropping below it.

Profits

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Total U.S. Income

The aggregate pre-tax income earned by individuals and entities within the United States in a given period.