Corporate social responsibility and the balanced scorecardLonnie's Shipping Co. is considering switching to an all-electric fleet to minimize emissions, Lonnie wants to gradually implement this change over the next 10 years. Thecompany currently has a fleet of 100 trucks, half of which are electric-powered. Upon consulting with Lonnie, you have determined that an appropriate course of action isto include this CSR activity as a strategic objective in the company's current balanced scorecarda. Under which category of performance perspective can the CSR strategic objective of the company be included?a. Internal process based performance perspectiveb. External process based performance perspectivec. Employee welfare based performance perspectived. All the aboveb. Identify a performance metric for the CSR strategic objective.a. Number of trucks the shipping company uses.b. The number of electric-powered trucks in the fleet.c. The amount of electric power used for the trucksd. All the above c. Identify an appropriate yearly performance target for the performance metric selected in part (b).a. 6% increase is demanded in performance to reach electric fleets for remaining 50 trucks in next ten years.b. 4% increase is demanded in performance to reach electric fleets for remaining 50 trucks in next ten years.c. 5% increase is demanded in performance to reach electric fleets for remaining 50 trucks in next ten years.d. 9% increase is demanded in performance to reach electric fleets for remaining 50 trucks in next ten years.

By incorporating ethical, social, and environmental considerations into the company's operations and…

Answered: Corporate social responsibility and the…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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