Flag question: Question $14$

Question $14$

$2$ pts

$14\mathrm{.}0$ A firm$$s economic responsibility is important because

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Group of answer choices

firms have a responsibility to their stakeholders to be as profitable as possible

if a firm cannot fulfill its economic responsibilities, it may have to stop dividend payments to shareholders

if firms are not profitable, they will not be able to meet any other goals

firms have a responsibility to their shareholders to be as profitable as possible

$$

Flag question: Question $15$

Question $15$

$2$ pts

$15\mathrm{.}0$ A firm should take its ethical responsibilities seriously because:

Group of answer choices

$)$ research has shown that firms that act more ethically have been able to eliminate instances of fraud

if a firm is more ethical, it will be more profitable

the costs of not doing so$,$ such as litigation and fines, can be extremely expensive

$)$ a firm that treats its employees and stakeholders well is more likely to be viewed favorably

$$

Flag question: Question $16$

Question $16$

$2$ pts

$16\mathrm{.}0$ When firms allow their employees to donate $$in$-$kind,$$ this refers to:

$$

Group of answer choices

allowing payroll deductions of cash donations from the firm$$s payroll

firms matching the amounts of their employees$$ donations

allowing employees to donate things other than cash, such as their time

firms being able to use employees$$ volunteer work in the community as tax deductions

$$

Flag question: Question $17$

Question $17$

$2$ pts

$17\mathrm{.}0$ Many firms choose to report their corporate social responsibility activities because:

Group of answer choices

many stakeholders have a keen interest in what their firm is doing for the betterment of all stakeholders

they are required to report these activities if they want to receive a tax break for them

they know if they do$,$ it will make them more profitable

it allows firms to look better and be viewed more favorably than their competitors

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Flag question: Question $18$

Question $18$

$2$ pts

$18\mathrm{.}0$ A fundamental premise that underlies corporate social responsibility reporting is that

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Group of answer choices

the firm should undertake corporate social responsibility initiatives so long as they will make the firm look good to its stakeholders

the firm owes an obligation to the society and the community in which it operates

society expects the firm to contribute toward solving all economic and social problems in the community in which it operates

the firm should undertake corporate social responsibility initiatives so long as they are projected to be profitable

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Flag question: Question $19$

Question $19$

$2$ pts

$19\mathrm{.}0$ The intrinsic view of$$ reporting

Group of answer choices

$)$ indicates that corporate social responsibility reporting should be qualitative in nature, not quantitative

posits that firms should not allocate shareholder resources to these types of initiatives

posits that it is irrelevant whether firms perform better because they undertake corporate social responsibility initiatives

indicates that firms always do better when they undertake corporate social responsibility initiatives and reporting

$$

Flag question: Question $20$

Question $20$

$2$ pts

$20\mathrm{.}0$ Which one of the following choices best describes why customers are tied to a firm$$s corporate social responsibility performance?

Group of answer choices

Customers will automatically spend more money with firms that openly advocate and practice corporate social responsibility initiatives.

Customers who trust and value the firm and its products are more likely to conduct repeat purchases.

Firms need customers to purchase more products to fund corporate social responsibility initiatives.

Customers may feel as though products are being marked up in price to cover the firm$$s corporate social responsibility initiatives.