A Corporate Policy Should Never Make a Value Statement About

question 208

True/False

A corporate policy should never make a value statement about the environment or other social and political issues,because it is doubtful the company can live up to the proclamation.
Corporate policies refer to the position a firm takes on social and political issues.As part of being socially responsible,firms make policy and commit to actively participating in activities that promote the welfare of society.

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Definitions:

Far-Reaching Consequences

Outcomes or effects of an action, decision, or event that have a wide-ranging impact, affecting many areas or people beyond the immediate context.

Abraham Lincoln

The 16th president of the United States (1861-1865) who led the country during the Civil War, preserved the Union, and issued the Emancipation Proclamation, which began the process of freedom for America's slaves.

John Brown

A white American abolitionist who believed in and advocated for armed insurrection as the only way to overthrow the institution of slavery in the United States.

Abolition

Abolition refers to the movement to end the practice of slavery, marked by campaigns, rebellions, and legislative actions leading to the emancipation of enslaved individuals, particularly prominent in the 18th and 19th centuries.