Which of the following is NOT an example of how corporate social responsibility can be consistent with profitability?
A) offering a small discount to customers of a coffee shop who bring their own reusable cup
B) offering bonuses to employees who embellish profit and loss statements
C) paying employees in a developing nation more than the minimum
D) encouraging employees to volunteer within the local community
E) improving environmental practices in factories and plants that reduce waste
B
Explanation: B) Offering bonuses to employees who embellish profit and loss statements, or write them inaccurately, is not an example of promoting corporate social responsibility consistently with profitability. Instead, it is an example of unethical and most likely illegal behavior. The other examples describe situations in which companies can promote social responsibility and profitability at the same time.
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The U.S. balance of payments for 2012 shows ________
A) that automobiles and auto parts were the largest component of U.S. merchandise exports B) the leading import for the U.S. was consumer electronics C) the U.S. had a negative balance on services trade D) the U.S. exports more goods to its major trading partners than it imports
International business includes all commercial transactions between two or more countries
Indicate whether the statement is true or false