A Purchased Good That Can Have a Big Effect on Profitability

question 76

Multiple Choice

A purchased good that can have a big effect on profitability but only has a few qualified suppliers is a

• A)routine item.
• B)leverage item.
• C)bottleneck item.
• D)critical item.

Recognize the role of corporate social responsibility (CSR) in the marketing and operation of controversial or polluting industries.

Define and explain the concept of corporate social responsibility (CSR) and its importance in achieving the triple bottom line.

Identify stakeholders relevant to an ethical decision-making process in business and discuss their interests.

Understand the necessity of engaging all relevant parties in the process of brainstorming and evaluating ethical alternatives.

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Definitions:

Percentage

Symbolized by %, it represents a number or ratio expressed as a fraction of 100, used to denote proportions, rates, or comparative statistics.

Column Chart

A type of graph that uses vertical bars to represent data values, with each bar's height corresponding to the data value.

Database Design

The process involved in creating a detailed data model of a database. This design includes the structures that hold the data, relationships among data points, and the rules governing data integrity and access.

Receptionist

A person typically employed in an office or administrative setting to manage front desk tasks including answering phones and greeting visitors.