Rock Oil Corporation has been polluting the air. Local activists start to hold protest rallies at the front gate of the company, demanding Rock Oil stop polluting and clean up its processes. When the company addresses these issues, the management at Rock Oil will be reacting to changes in the:

a.legal environment

.b.economic environment.

c.competitive environment.

d.social environment.

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In spite of the controversial nature of Corporate Social Responsibility corporations are adopting programs because:

a.The media is pressuring them to implement programs.

b.They disagree with government on many of its policies

.c.Profit related benefits, recruiting and keeping the best employees, risk management.

d.Laws are forcing them to develop programs.

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A business incurs a ________ if its costs associated with the operation of the business exceed the total sales revenue.

a.profit

b.loss

c.income

d.change

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Both kinds of organizations, nonprofit and for-profit:

a.can have shareholders

.b.are exempt from taxation.

c.can have a charitable tax status.

d.can earn revenues.

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Companies today are held to higher standards than ever before. Consumer and other groups consider not only the quality and price of a company's products but also its ________.

a.organizational structure

b.marketing accuracy

c.production process

d.commitment to environmental and social concerns