Being Socially Responsible Is Generally Considered

question 94

Multiple Choice

Being socially responsible is generally considered

• A) a good thing to do only if a company is profitable.
• B) inappropriate for most firms in today's challenging markets.
• C) going above and beyond the norms of corporate ethical behavior.
• D) a necessary part of every firm's strategy.
• E) the responsibility of corporate-sponsored foundations that can effectively concentrate a firm's good deeds.

---

Definitions:

Exit Strategy

A plan developed by a business owner or investor to sell, close, or otherwise exit a financial position in a company.

Sporting Goods

Items and equipment used for participation in sporting activities, including clothing, footwear, and gear like balls, bats, and nets.

Motivated Employees

Workers who are enthusiastic and committed to their tasks, often leading to higher productivity and job satisfaction.

Maslow's Hierarchy

A theory in psychology proposing that people are motivated to achieve certain needs and that some needs take precedence over others, forming a five-tier model of human needs.