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Question
many successful american firms have undertaken actions that focus on goals beyond financial profitability, including which of the following? (choose every correct answer.) social responsibility outsourcing as much labor as possible environmentally friendly options lobbying for corporate tax breaks
Brief Explanations
To determine the correct answers, we analyze each option:
- Social responsibility: Many successful American firms engage in social responsibility initiatives (e.g., charitable giving, ethical labor practices) as goals beyond financial profit. This is a common non - financial goal.
- Outsourcing as much labor as possible: This is typically a cost - cutting (financial) strategy rather than a goal beyond financial profitability. It focuses on reducing labor costs to increase profits.
- Environmentally friendly options: Firms may adopt environmentally friendly practices (like sustainable production) as part of corporate social responsibility or long - term sustainability goals, which are beyond just financial profit.
- Lobbying for corporate tax breaks: This is a financial strategy to reduce tax expenses and increase profits, not a goal beyond financial profitability.
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A. Social responsibility
C. Environmentally friendly options