Which of the Following Is Not a Dimension Associated with Socially

question 57

Multiple Choice

Which of the following is not a dimension associated with socially responsible procurement?

• A)profit
• B)safety
• C)the environment
• D)human rights

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Definitions:

Profit Maximization

The process or strategy focused on increasing the net profit of a business by either reducing costs, increasing revenue, or both.

Enlightened Corporate Self-Interest

A business philosophy suggesting that companies can achieve better long-term performance by acting in a socially responsible manner.

Goodwill

The expected continuance of public patronage of a business.

Ethical System

A set of principles or guidelines designed to direct individual or collective behavior towards moral and ethical decision-making.