A Company Operating as a B Corp Is For-Profit,but Has

question 105

Multiple Choice

A company operating as a B Corp is for-profit,but has chosen to

• A)donate over 50% of its profits to charity.
• B)hire at least 50% of its work force from the welfare roles.
• C)meet rigorous standards of social and environmental performance,accountability,and transparency.
• D)meet rigorous standards of employee income equality.

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Definitions:

Sole Proprietorship

A business owned and operated by one individual, where there is no legal distinction between the owner and the business entity.

Competitor

A person or organization that is in the same industry or field and is in competition for the same market share.

Robinson-Patman Act

A 1936 U.S. law aimed at preventing anticompetitive practices by producers, specifically price discrimination.

Suggested Retail Price

The price that manufacturers recommend retailers sell their product for to consumers, often used as a guideline rather than a strict requirement.