Author Question: Supporters of social responsibility claim that being socially responsible ________. A) increases ... (Read 161 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
Supporters of social responsibility claim that being socially responsible ________.
 
  A) increases short-term profits
  B) decreases long-term profits
  C) increases long-term profits
  D) decreases short-term profits

Question 2

Supporters of socially responsible businesses claim that by becoming socially responsible, businesses can expect ________.
 
  A) less government regulation
  B) more government regulation
  C) more strict enforcement of laws
  D) more government interference


parker125

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

Answer: C
Explanation: Supporters claim that being socially responsible is good for business, builds customer loyalty, and over the long run increases profits. Supporters make no claims for short-term profits, thus eliminating answer choices that mention increases and decreases in short-term profits. Decreases long-term profits is incorrect because it states the opposite of the actual claim that supporters of being socially responsible make.

Answer to Question 2

Answer: A
Explanation: The case that supporters make is that the more socially responsible companies are, the more government will trust them to do the right thing and the less government will see the need to intervene with regulations. This eliminates more government regulation and more government interference as correct choices because they both increase rather than decrease the amount of government intervention. It also militates against more strict enforcement of laws, which can be thought of as an indirect form of government interference.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

For a complete list of videos, visit our video library