An Important Function of the NRC (National Research Council)is To

question 32

Multiple Choice

An important function of the NRC (National Research Council) is to:

• A)help Canadian industry remain competitive and innovative
• B)provide leadership for Canada's major universities
• C)conduct weapons research for Canada's military
• D)provide revenue for the government by developing commercially viable products

Understand the structure and elements of the circular-flow diagram in economics.

Identify the role of households and firms in the circular-flow diagram.

Recognize the factors of production and their significance in the economy.

Comprehend the concept of the production possibilities frontier and its implications.

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Definitions:

Financial Communications

The practice of managing and disseminating a company’s financial information and narrative to its stakeholders, including investors and analysts.

Corporate Communications

The practice of managing and coordinating all internal and external communications aimed at creating favorable point of view among stakeholders on which the company depends.

Employee Volunteer Programs

Initiatives set up by organizations to encourage and support their employees in contributing time and effort to volunteer activities.

Corporate Service Engagements

Activities and projects undertaken by a corporation to provide assistance or services to its clients or communities, often as part of corporate social responsibility efforts.