Which of the Following Should Be on a Company's Menu

question 13

Multiple Choice

Which of the following should be on a company's menu of actions to consider in crafting a strategy of social responsibility?

• A) Actions to ensure that the company operates in an honorable and ethical manner
• B) Actions to ensure diversity in the workforce
• C) Actions (over and above what is required)to protect or enhance the environment,including both those environmental problems stemming from the company's own business activities and those problems outside the company's immediate sphere of operations
• D) Actions to create a work environment that enhances the quality of life for employees and makes the company a great place to work
• E) All of these

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Definitions:

Foreign Exchange Loss

A decrease in domestic currency value due to holding foreign currency or financial instruments as they depreciate against the home currency.

Forward Contract

A financial instrument agreement to buy or sell an asset at a predetermined future date and price.

Spot Rate

The present going rate for a specific currency to be purchased or exchanged, available for prompt delivery.

Hedge

A financial strategy used to reduce the risk of adverse price movements in an asset.