Why a business should seek to balance economic obligations


Assignment:

Q1. When a company publishes the results of a social audit they are meeting the demands of local governments' taxation policies.
True
False

Q2. Explain why a business should seek to balance its economic, legal and social obligations.

Q3. The right to free speech is protected in the United States by the:

A. Constitution.
B. Patriot Act.
C. False Claims Act.
D. Fair Labor Standards Act.

Q4. Stakeholder groups can include:

A. Shareholders.
B. Business support groups.
C. Environmental activists.
D. All of the above.

Q5. States that have adopted right-to-work laws:

A. Barred companies from forming unions to represent their employees.
B. Prevented unions from requiring all workers they represent to pay fees or dues.
C. Required the formation of unions in all manufacturing organizations.
D. Took away the rights of workers in the public sector to form unions.

Q6. An emerging business model that attempts to strategically balance the interests of all stakeholders to solve social and environmental problems is called:

A. Balanced Corporation.
B. B Lab.
C. B Corporation.
D. CSR Corporation.

Q7. According to the U.S Department of Labor:

A. Annually, more than 3 million workers in the private sector are hurt or become ill on the job.
B. Annually, more than 3 million workers in the public sector are hurt or become ill on the job.
C. Three out of every 100 workers are hurt or become ill on the job annually.
D. Both A and C, not B.

Q8. A living wage has been defined as a wage that:

A. Equals or exceeds the minimum wage established by law.
B. Equals or exceeds one-and-a-half times the minimum wage established by law.
C. Support the basic needs of an average-sized family, based on local prices.
D. Support half the basic needs of an average-sized family, based on local prices.

Q9. Some studies have shown that the burden of complying with safety regulations falls hardest on:

A. The government.
B. Large businesses.
C. Small businesses.
D. The manufacturing sector only.

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Business Law and Ethics: Why a business should seek to balance economic obligations
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