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One of the Most Significant Principles of Business Is That

question 3

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One of the most significant principles of business is that the primary objective of the executive management of a corporate entity is to engage in strategic actions that increase shareholder value.
If we think of this objective in terms of the four dimensions of social responsibility, it would be part of the


Definitions:

Limiting Availability

A strategy to increase desirability or price of a good or service by reducing its availability.

Inflation Rate

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Demand

The volume of goods or services that purchasers are ready and financially able to acquire at several price points within a certain period.

Supply

The total amount of a product or service that producers are willing and able to sell at a given price level in a given time period.

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