Managers Who Take a Proactive Approach to Social Responsibility ________

question 21

Multiple Choice

Managers who take a proactive approach to social responsibility ________.

• A)view their business as a public entity
• B)use personal 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:

Permanent Working Capital

The minimum amount of working capital that a company needs to operate continuously.

Long-Term Debt

Borrowings by a company that are due for repayment after one year or more.

Tax Breaks

A reduction in the amount of taxes that an individual or company owes to the government, often used to incentivize certain behaviors or investments.

Net Working Capital

Net working capital is a financial metric that represents the difference between a company's current assets and current liabilities.