Which of the following statements best describes a reason why organizations pursue corporate social responsibility (CSR) goals and promote a work environment in which employees are encouraged to act ethically when making business decisions?

a. To enjoy higher employee turnover rates b. To define a variable approach for dealing with stakeholders
c. To gain the goodwill of the community d. To increase unfavorable publicity

c

Business

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In which of the following situations is it likely that you may NOT need a written contract?

a. You are dealing with a party you do not know well, so you need to remain flexible. b. You are buying land from a member of your family. c. The terms of the agreement are simple and the value of the transaction is small. d. You have negotiated with the other party enough that you both know what the other person intends.

Business

The unauthorized use of a credit card can result in criminal charges

a. True b. False Indicate whether the statement is true or false

Business