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Terms in this set (8)
False
Sustainability is a short-term approach to the interaction between business activity, environmental responsibility, and societal impact on the environment and other stakeholders
True
Social responsibility does not have to mean being unprofitable
True
The concept of limited liability means the owners of corporations are protected by laws stating that, in most circumstances, their losses in case of business failure cannot exceed the amount they paid for their shared of ownership
Citizens United
Which court decision rules that corporate nonprofit business entities may seek to persuade the voting public by spending an unlimited amount of money on political advertisements?
Carbon Tax
What is a "pay-to-pollute" system that charges a fee or tax to those who discharge carbon into the air?
Moral minimum
actions a firm undertakes to satisfy the base threshold for acting ethically
Corporate personhood
the doctrine that a corporation has some of the same legal rights as a natural person
Triple bottom line
Person, Place, and Planet
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