首页
财务会计
医药卫生
金融经济
考公考编
外语考试
学历提升
职称考试
建筑工程
IT考试
其他
登录
职称考试
Passage 2 "There is one and only one social responsibility of business," w...A.
Passage 2 "There is one and only one social responsibility of business," w...A.
admin
2020-12-24
25
问题
Passage 2
"There is one and only one social responsibility of business," wrote Milton Friedman, a Nobelprize-whining economist, "That is, to use its resources and engage in activities designed to increaseits profits." But even if you accept Friedman′s premise and regard corporate social responsibility(CSR) policies as a waste of shareholders′ money, things may not be absolutely clear-cut. Newresearch suggests that CSR may create monetary value for companies--at least when they areprosecuted for corruption.
The largest firms in America and Britain together spend more than $15 billion a year on CSR,according to an estimate by EPG, a consulting firm. This could add value to their businesses in threeways. First, consumers may take CSR spending as a "signal" that a company′s products are of highquality. Second, customers may be willing to buy a company′ s products as anindirect way to donateto the good causes it helps. And third, through a more diffuse "halo effect," whereby its good deedsearn it greater consideration from consumers and others.
Previous studies on CSR have had trouble differentiating these effects because consumers canbe affected by all three. A recent study attempts to separate them by looking at bribery prosecutionsunder America′s Foreign Corrupt Practices Act(FCPA). It argues that since prosecutors do notconsume a company′ s products as part of their investigations, they could be influenced only by thehalo effect.
The study found that, among prosecuted firms, those with the most comprehensive CSRprogrammes tended to get more lenient penalties. Their analysis ruled out the possibility that it wasfirms′ political influence, rather than their CSR stand, that accounted for the leniency: Companiesthat contributed more to political campaigns did not receive lower fines.
In all, the study concludes that whereas prosecutors should only evaluate a case based on itsmerits, they do seem to be influenced by a company′s record in CSR. "We estimate that eithereliminating a substantial labour-rights concern, such as child labour, or increasing corporate givingby about 20% results in fmes that generally are 40% lower than the typical punishment for bribingforeign officials," says one researcher.
Researchers admit that their study does not answer the question of how much businesses oughtto spend on CSR. Nor does it reveal how much companies are banking on the halo effect, rather thanthe other possible benefits, when they decide their do-gooding policies. But at least they havedemonstrated that when companies get into trouble with the law, evidence of good character can winthem a less costly punishment.
The author views Milton Friedman′ s statement about CSR with __________.
选项
A.tolerance
B.skepticism
C.uncertainty
D.approval
答案
C
解析
态度题。tolerance“包容”,skepticism“怀疑”,uncertainty“不确定”,approval“赞同”。文章开头讲密尔顿·弗里德曼曾经写道:“There is one and only one social responsibility of business”.紧接着文章转折并提出“things may notbe absolutely clear-cut”。由此推知,作者对此的态度是uncertainty。
转载请注明原文地址:https://ti.zuoweng.com/ti/a5T8KKKQ
相关试题推荐
Passage2 Americanstodaydon′tplaceaveryhighvalueonintellect.Ourhe...
Passage2 Americanstodaydon′tplaceaveryhighvalueonintellect.Ourhe...
Passage2 Americanstodaydon′tplaceaveryhighvalueonintellect.Ourhe...
Passage2 Americanstodaydon′tplaceaveryhighvalueonintellect.Ourhe...
Passage2 Americansdon’tliketolosewars.Ofcourse,alotdependsonhowy...
Passage2 Americansdon’tliketolosewars.Ofcourse,alotdependsonhowy...
Passage2 Ofallthecomponentsofagoodnight′ssleep,dreamsseemtobe...
Passage2 ForcenturiesinSpainandLatinAmerica,headinghomeforluncha...
Passage2 ForcenturiesinSpainandLatinAmerica,headinghomeforluncha...
Passage2 ForcenturiesinSpainandLatinAmerica,headinghomeforluncha...
随机试题
双位点ELISA中,造成抗原测定值低于实际含量的常见原因是 A.固相抗体过多
注册会计师应当在审计业务开始时开展初步业务活动。下列各项中,不属于初步业务活动的
500kV系统联络变压器高、中压侧均应装设阻抗保护,保护可带()时限。
健康保险的种类不包括( )。
世界银行贷款的特点主要有( )。
信用卡可以临时调高信用额度,但一般在()天内有效。
我国记账式国债的特点有()。 A.通过证券交易所电脑网络发行,可以降低证券的
患者,女性,34岁,突然出现畏寒、发热,体温达40℃,并出现尿频、尿急、尿痛及下腹部不适而前来就诊。 下列有助于诊断的尿液检查为A.尿管型B.24h尿蛋白
我国正式颁布《义务教育法》的时间是()。A.1957年B.1982年C.1986年D.1990年
《证券公司监督管理条例》是证监会等监管机构制定金融产品代销业务相关监管政策、实施监督管理的重要法律依据。《证券公司监督管理条例》是一部()。A.行政法规B.