Question

A social responsibility program may be funded by the federal government through tax reductions or other incentives. Answer

a. True
b. False

Answer 1

b. False

Step-by-step explanation:

Social Responsibility Programmes are developed when companies voluntarily adopt attitudes, behaviors and actions that promote the well-being of their internal and external audiences. It is a voluntary practice as it should not be confused solely with compulsory actions imposed by the government or any external incentives (such as tax). The concept, in this view, involves the benefit of the community, whether it is related to the internal public (employees, shareholders, etc.) or external actors (community, partners, environment, etc.).

Some examples:

• Philanthropy
• Environmental conservation
• Company Diversity and Labor Practices