Values-Based Businesses View CSR as ______ Rather Than as ______

question 8

Multiple Choice

Values-based businesses view CSR as ______ rather than as ______.

• A)an opportunity; a way of doing business
• B)a cost; an opportunity
• C)an opportunity; a cost
• D)a way of doing business; an opportunity

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Definitions:

Accounting Profits

The difference between total revenue and explicit costs, representing the net income of a business according to standard accounting practices.

Competitive Economy

An economic system where businesses operate in a free market, competing for consumers on price, quality, and service.

Barriers to Entry

Factors that prevent or hinder new competitors from easily entering an industry or market, such as high startup costs, strict regulations, or control of key resources.

National Income

The total value of all goods and services produced by a country over a specific period, usually measured annually.