In Addition to Establishing Standards for Themselves, Responsible Firms Should

question 102

True/False

In addition to establishing standards for themselves, responsible firms should establish ethical standards for their suppliers.

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Definitions:

Debt Finance

A method of raising capital through borrowing, which can involve issuing bonds or taking out loans, to be repaid at a future date.

Equity Finance

The method of raising capital by selling company shares to investors, in exchange for ownership interest.

Government Budget

A financial statement presenting the government's proposed revenues and spending for a financial year.

Loanable Funds

The money available for borrowing; the market wherein savers supply funds to borrowers, typically through financial intermediaries.