What Was the Core Purpose of the Caux Principles for Responsible

question 28

Multiple Choice

What was the core purpose of the Caux Principles for Responsible Business?

• A) reducing the influence of free market capitalism in international business
• B) seeking international standards in sanctions for unethical behavior
• C) seeking international moral harmony in business practices
• D) spreading Western business values to the developing world

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Definitions:

Unbiased Coin

A coin for which the probability of landing on heads or tails is exactly 50%, indicating no preference or bias.

Expected Number

A statistical measure describing the average or mean value anticipated in a random variable or in the outcomes of a random experiment.

Binomially Distributed

A distribution characteristic of a random variable that represents the number of successes in a fixed number of independent Bernoulli trials, each with the same probability of success.

Standard Deviation

A formula to assess how widespread or dispersed a series of values is.