Which One of the Following Is Not a Part of the Business

question 12

Multiple Choice

Which one of the following is not a part of the business case for why companies should act in a socially responsible manner?

• A)Every business has a moral duty to be a good corporate citizen.
• B)Acting in a socially responsible manner reduces the risk of reputation-damaging incidents.
• C)Acting in a socially responsible manner is in the overall best interest of shareholders.
• D)To the extent that a company's socially responsible behavior wins applause from consumers and fortifies its reputation,a company may win additional patronage.
• E)Acting in a socially responsible manner can generate internal benefits (as concerns employee recruiting,workforce retention,training,and improved worker productivity).

---

Definitions:

Price-Elasticity Coefficient

A numerical measure of the responsiveness of the quantity demanded or supplied of a good to a change in its price.

Elastic

A term in economics that describes the sensitivity of demand or supply to changes in price or income.

Price Range

The spread between the lowest and highest price at which a product or service is offered in the market.

Demand Schedule

A table that shows the quantity of a good or service demanded at different price levels.