a local business has decided to raise the starting wage for its new employees by $2 per hour and to donate…

a local business has decided to raise the starting wage for its new employees by $2 per hour and to donate 10 percent of its sales revenues to charity, even though this will lower its profits. what policy is the company exercising?\n\na. corporate social responsibility\nb. de integro\nc. consumer protection laws\nd. collusion

a local business has decided to raise the starting wage for its new employees by $2 per hour and to donate 10 percent of its sales revenues to charity, even though this will lower its profits. what policy is the company exercising?\n\na. corporate social responsibility\nb. de integro\nc. consumer protection laws\nd. collusion

Answer

Brief Explanations:

Corporate social responsibility (CSR) involves a company going beyond its profit - making goals to contribute to social well - being. Raising starting wages and donating to charity are actions that show concern for employees and society, which are aspects of CSR. "De integro" is not related here. Consumer protection laws focus on protecting consumers, not on company actions like these. Collusion is illegal cooperation between companies to manipulate markets, which is not the case here.

Answer:

A. Corporate social responsibility