Which of the Following Is Not One of the Seven

question 65

Multiple Choice

Which of the following is not one of the seven principles of social responsibility or standards included in ISO 26000?

• A) Transparency
• B) Respect for human rights
• C) Ethical Behavior
• D) Certification process requirements

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Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision to pursue a certain action.

Trade Agreements Act

Legislation aimed at fostering fair and open international trade by implementing tariff concessions and other trade-related provisions.

Dumping

The practice of exporting goods at a price lower than their normal value, often with the intention of undermining local markets or competitors.

General Agreement on Tariffs and Trade

An international treaty that was aimed at reducing tariffs and other trade barriers to promote international trade; it was the precursor to the WTO.