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Question
The philanthropic model holds that business has no strict obligation to contribute to social causes.
Answer
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Related questions
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Which of the following is an internal mechanism that seeks to ensure ethical corporate governance?
a. European Union 8th Directive
b. The Sarbanes-Oxley Act
c. The COSO framework
d. European Union 7th directive
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According to Kevin Bahr, which of the following is a cause for conflicts in the financial markets?
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Which of the following is true of Federal Sentencing Guidelines for boards?
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COSO is one of the first efforts to address corporate culture in a quasi-regulatory framework in recognition of its significant impact on the satisfaction of organizational objectives.
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A large boost in share price decreases a firms equity leverage for external expansion.
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Financial analysts rely on gatekeepers but are not gatekeepers themselves.
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Before environmental legislation was enacted, the primary legal avenue open for addressing environmental concerns was _____ law.
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In economic terms, all resources are _____, that is, they can be replaced by substitutes, and in this sense resources are infinite.
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Which of the following is true of the sustainability model in terms of environmental responsibilities?
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The model of economy, in consistency with the second law of thermodynamics, implies that:
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Rewards and compensation structures have no impact on the emotions of workers.
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Discuss the philanthropic model of CSR.
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Philosophers distinguish between three different types of responsibilities, on a scale from more to less demanding or binding. Explain these responsibilities.