Examlex
Which of the following statements is most correct regarding environmental, social and governance reports?
Contingency
A future event or circumstance that is possible but cannot be predicted with certainty; often related to planning in management.
Systems Theory
An interdisciplinary theory that studies complex systems in various fields and seeks to understand their behavior, interrelations, and properties.
Multinational Approach
A strategy used by businesses that operate in multiple countries, adapting operations, products, and marketing strategies to local conditions and cultures.
Universal Process Approach
A theory in management that assumes all organizations, regardless of their specific nature, follow the same fundamental principles.
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