Which Best Defines an Accommodative Strategy

question 37

Multiple Choice

Which best defines an accommodative strategy?

• A)Firms do not feel compelled to act unless faced with a disaster or public outcry.
• B)Denial is the first line of defense.
• C) Focus on regulatory compliance, firm fights demand for changes unless they are regulatory.
• D) Organizational norms emerge to accept responsibility for actions - cognitive beliefs/values that promote ethical choices are internalized.

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Definitions:

Accounting Profit

The net income a company reports on its financial statements, calculated as total revenues minus explicit costs.

Marginal Product

The additional output that is produced by using one more unit of a specific input, holding the levels of all other inputs constant.

Nonlabor Resources

Nonlabor resources refer to the materials, capital, land, and technology used in the production of goods and services, distinct from human labor.

Output

The total amount of goods or services produced by a business, industry, or economy during a given period.