Which One of the Following Is False as Concerns the Merits

question 11

Multiple Choice

Which one of the following is false as concerns the merits of why acting in a socially responsible manner is "good business"?

• A) Companies with good reputations for contributing time and money to bettering society are better able to attract and retain employees compared to companies with tarnished reputations.
• B) Acting in a socially responsible manner nearly always results in higher profits and a higher stock price for shareholders.
• C) To the extent that a company's socially responsible behavior wins applause from consumers and fortifies its reputation,a company may win additional patronage.
• D) Operating in a socially responsible manner protects the company from consumer,environmental,and human rights activist groups that are quick to criticize businesses whose behavior they consider to be out of line.
• E) Well-conceived social responsibility strategies help avoid or preempt legal and regulatory actions that could prove costly to the company.

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Definitions:

Universal Principles of Management

Universal principles of management are foundational theories and practices believed to be applicable across various organizational types and management situations.

Specialization of Labor

The division of labor where each worker or group of workers focuses on a specific task or job to increase efficiency and expertise.

Division of Work

The allocation of different tasks and responsibilities to various members or groups within an organization to increase efficiency.

Information Overload

Occurs when an individual is exposed to more information than they can process, leading to overwhelm or decision paralysis.