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There Are Three Major Types of Business Activities

question 112

Short Answer

There are three major types of business activities. ________ activities are the means organizations use to pay for resources such as land, building, and equipment to carry out plans.

Identify and explain major legal and ethical corporate scandals.
Comprehend the concept of corporate social responsibility (CSR) and its components.
Relate management practices to the changing social, political, economic, and technological environments.
Recognize the role and responsibilities of ethical advocates within organizations.

Definitions:

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, pressures, or expectations.

Social Pressure

The influence exerted by a society or a social group on individuals to conform to expected norms, behaviors, or attitudes.

Negative Reinforcement

Negative Reinforcement is a psychological principle where the removal or avoidance of an undesirable outcome strengthens a behavior.

Conformity

The process of aligning one's attitudes, beliefs, and actions with the norms, policies, or expectations of a group or society.

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