Question: Review View Design Layout ngs E 21 . AabbCcDc AaBbccdc AaBb Normal 1 No Spac. Heading AaBbai AaBbc AaBbCcD Heading 2 Title Subtitle 2 Paragraph

Review View Design Layout ngs E 21 . AabbCcDc
Review View Design Layout ngs E 21 . AabbCcDc AaBbccdc AaBb Normal 1 No Spac. Heading AaBbai AaBbc AaBbCcD Heading 2 Title Subtitle 2 Paragraph Styles 2. According to the author, which statement is true about today's businesses a Companies are involved in social programs that have no direct connection with the bottom line. b. Companies have no business spending money on social programs because their primary responsibility is to customers. c. Companies are expected to make as much profit as possible. d. Companies should get involved in social programs only when management can establish a direct contribution to the bottom line. e. Companies engage in social programs primarily when they are caught in ethical turmoil. 3 Before corporate actions can be called socially responsible, they must be a legal. b. ethical. c. contractual d. voluntary e. unprofitable. 4. The father of the classical economic model of business is a Fredrick Taylor. b. Milton Rokeach. c. Adam Smith d. Archie Carroll. e. Ben Franklin refers to systematically identifying all parties that could possibly be impacted by a company's performance. a Social responsibility profile b. Stakeholder audit c. Corporate domain audit d. External audit e. Capability profiling 6. Which of these is an argument in favor of corporate social responsibility? a. Ensuring the most efficient use of society's resources b. Profitability improvement c. Preventing government intervention d. Giving business more power e Management accountability Which statement is not an argument for corporate social responsibility? a. Business has the resources to tackle today's complex societal problems. b. Business is unavoidably involved in social issues. cBusiness already has enough power d A better society means a better environment for doing business e. Corporate social action will prevent government intervention

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!