A Company's Board of Directors Chooses to Provide a Comprehensive

question 86

Multiple Choice

A company's board of directors chooses to provide a comprehensive health care plan for the families of all employees, despite the large cost. They argue that this will not only increase the number of employees who stay with the firm, and thus reduce some costs involved in employee turnover, but also increase the employees' diligence and industry. What general principle is being argued by the board of directors?

• A) In a conflict between stakeholders in a company, the most important stakeholder is not always the stockholders.
• B) Some activities that decrease shareholders' wealth may have intangible benefits which increase the strength of the company overall.
• C) When a conflict of interest arises between shareholders and other stakeholders, in general, the correct solution is the one that creates the greatest good for the greatest number of stakeholders.
• D) Ethical decisions should be assessed on their moral value, not on their value in dollars and cents.

Understand the factors contributing to urban poverty and the role of welfare.

Grasp the concept of the poverty line and how it is defined and utilized by governments.

Analyze welfare policies, their implications, and the debates surrounding welfare assistance.

Comprehend the effects of income distribution and inequality on poverty rates.

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Definitions:

ATP

See adenosine triphosphate.

Cysteine Residues

The amino acid units in proteins that contain a thiol group, often involved in the formation of disulfide bonds that stabilize protein structure.

Tertiary Structure

The three-dimensional shape of a protein molecule formed by bends and folds of its polypeptide chain.

Sulfhydryl

A functional group with the structure R-SH, where R is an organic alkyl or aryl group and SH denotes a sulfur atom bonded to a hydrogen atom, important in protein structure.