In the Context of Social Responsibility, a Corporation That Does

question 65

Multiple Choice

In the context of social responsibility, a corporation that does not have profits as a first priority is referred to as a B-Corp, which stands for _____.

• A) basic corporation
• B) benefit corporation
• C) bench corporation
• D) blanket corporation

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Definitions:

Strategic Sourcing Process

A methodical approach to procurement that focuses on developing supply chains for critical goods and services to reduce costs and improve quality.

Six Sigma

A set of techniques and tools for process improvement aimed at reducing defects and improving quality.

Lean Enterprise Management

An approach focusing on reducing waste within manufacturing systems while simultaneously maximizing productivity and creating value for the customer.