The Effort of Business to Make a Social Contribution to Society

question 10

Multiple Choice

The effort of business to make a social contribution to society is referred to as:

• A)Corporate Philanthropy
• B)Cause related marketing
• C)Corporate Social Responsibility
• D)Corporate giving
• E)Corporate Social Engagement

Grasp the importance and methods of team building in organizational contexts.

Understand the significance of survey feedback in organizational development.

Discern the relationship between incentive pay systems and TQM.

Recognize the challenges and methodologies used in OD research.

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Definitions:

Step-Fixed Costs

Costs that remain constant for a certain level of activity, but can change to a different amount when a certain threshold is exceeded.

Relevant Range

The scope of activity within which the assumptions about fixed and variable cost behavior hold true.

Relevant Range

The scope of activity levels within which assumptions about variable and fixed cost behaviors hold true for management decision-making.

Fixed Costs

Expenses that do not change with the level of output or sales, including rent, salaries, and insurance premiums.