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Umnica [9.8K]
3 years ago
14

According to James Bresseau, which of the following is an important difference between corporate social responsibility theory (C

SR) and shareholder value theory (SHV)?
-While CSR also holds that corporate decisionmakers have an ethical obligation to pursue profitability, unlike SHV, it does not necessary require MAXIMIZATION of profits.

-Unlike SHV, CSR holds that a corporation should comply not only with the letter of the laws, but also with their "spirit" (i.e., their broader objectives).

-Unlike SHV, CSR holds that corporations have a philanthropic obligation.

-All of the above
Business
1 answer:
balu736 [363]3 years ago
8 0

Answer: All of the Above

Explanation:

James Bresseau teaches that Corporations have a duty to be Corporately Responsible in terms of the Economy, Legal wise, Ethically, and Philanthropically.

He argues that money and profits are very important for a business to run but do not need to be maximised unlike in the Shareholder Value Theory where profits must be maximised for the benefit of the shareholder.

He argues that as much as they should abide by the law, they should also go a step further and act in moral ways by <em>listening to their spirit </em>and taking decisions that they know will be right for the society at large.

The Shareholder Value Theory does not speak of philanthropic ventures but rather ventures to bring wealth to the shareholder. CSR on the other hand believes that the society at large is a shareholder and so Corporations should engage in Philanthropic ventures to share wealth and help the people.

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B is the answer

Explaination step by step:

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A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a
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Answer and Explanation:

The computation is shown below

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b) Average number of bags on hand is

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Answer:

a. a grant will be secured to help fund the project.

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An assumption for a construction project could be, a grant will be secured to help fund the project.

Project managers sometimes embark on the execution of projects without having enough fund to finish it successfully. There assumptions are usually that once they have commenced the process, a grant can be secured from creditors, investors or financial institutions to help fund the remaining part of the project. However, since it is an assumption, they're not guaranteed that the grant will be given to them; therefore, this can result to the stalling of projects sometimes.

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