According to JosephF

question 94

Multiple Choice

According to JosephF. Keefe, which of the following is true of the major trends behind the corporate social responsibility (CSR) phenomenon?

• A)Companies easily conceal whatever they do (good or ill) as it will not be known at all.
• B)Globalization represents a new stage of capitalist development, this time with public institutions in place to protect society by balancing private corporate interests against broader public interests.
• C)Corporations are under increasing pressure from diverse stakeholder constituencies to demonstrate that business plans and strategies are environmentally sound and contribute to sustainable development.
• D)In the United States and other developed nations, citizens have complete confidence in the public sector as the best and most appropriate venue for addressing a growing list of social problems.

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Definitions:

Right To Buy

A legal provision giving tenants the opportunity to purchase the home they are renting, often at a discount.

Real Option

A choice made available to managers regarding investment opportunities, considering the flexibility to adapt to market changes.

Call

A contract that grants the holder the ability, though not the requirement, to purchase a certain quantity of an underlying asset at a predetermined price before a specified deadline.

Exercise Price

The set price at which an option's holder has the right to purchase (call) or sell (put) the underlying asset.