The Essence of Socially Responsible Business Behavior Is That a Company

question 20

Multiple Choice

The essence of socially responsible business behavior is that a company:

• A) should balance strategic actions to benefit shareholders against the duty to be a good corporate citizen.
• B) undertake actions that add value to shareholders.
• C) respect societal expectations that shareholders should be rewarded for providing risk capital.
• D) should work toward shareholders' expectations of maximum return.
• E) should provide jobs to the local community rather than outsourcing them.

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Definitions:

Effective HR Planning

The process of ensuring an organization has the right amount of qualified individuals in the right jobs at the right time to achieve its goals.

HR Forecasting

The process of predicting an organization's future human resources needs based on its business objectives, trends, and data analysis.

Designated Groups

Specific demographic groups identified for targeted employment or development initiatives, often to address historical disadvantages.

Creative Abilities

Innate or developed skills that allow individuals to generate new ideas, solutions, or artistic expressions.