Scenario E: Senior Management at Benbow & Garcia Is Attending

question 106

Multiple Choice

Scenario E: Senior management at Benbow & Garcia is attending a corporate retreat,and the first item for discussion is corporate social responsibility (CSR) .The group has discussed this before and then shot it down because it generally costs Benbow & Garcia's shareholders in the form of reduced distributions.But the new VP,Branca,is about to explain why she believes CSR will actually benefit the shareholders and Benbow & Garcia management alike.Her team begins the presentation with a discussion of CSR,both its current definition and reconciliation of past views.Sergei then discusses the importance of being a good global corporate citizen by supporting the local school system.Madison takes the floor to make the case for doing what is expected by global stakeholders even though there are no laws requiring those actions.Finally,Branca wraps the discussion up by defining why Benbow & Garcia should take legal responsibility for the firm's performance.
-In Scenario E,Madison's presentation most likely focused on the ________ responsibility of the firm.

• A)economic
• B)legal
• C)ethical
• D)social
• E)philanthropic

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Definitions:

Noncompliant

Referring to the failure or refusal to act in accordance with a wish, command, or requirement.

Health-Maintenance

Activities and practices aimed at preserving or improving one's health, including regular exercise, balanced diet, and preventive care.

Geropsychologist

A professional who specializes in the mental health and psychological well-being of older adults.

Cognitive-Behavioral Psychologist

A psychologist that specializes in cognitive-behavioral therapy, focusing on identifying and changing negative thought patterns and behaviors.