Managers Who Take a Defensive Approach to Social Responsibility ________

question 160

Multiple Choice

Managers who take a defensive approach to social responsibility ________.

• A)view their business as a public entity
• B)use organizational resources to actively promote the interests of stockholders and stakeholders
• C)rely on legally established rules to take the minimal socially responsible position
• D)engage in unethical behaviour and try to hide their behaviour from organizational stakeholders and society at large
• E)go beyond legal requirements and choose to support social responsibility in a balanced fashion

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Definitions:

Interest

The cost associated with the right to borrow funds, often represented as a percentage rate per year.

Compounded Semi-Annually

An approach to calculating interest where the interest is added to the principal twice a year.

Loan

The lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc.

Amount

The total sum or quantity of something.