Herbert Simon, One of the First Social Scientists to Combine

question 445

Multiple Choice

Herbert Simon, one of the first social scientists to combine the study of economics and psychology, suggested that humans should be viewed as

• A)rational maximizers.
• B)satisficers.
• C)independent thinkers.
• D)signalers.

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Definitions:

Performance Measurement System

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Triple Bottom Line

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CSR Investments

Investments made by companies in initiatives that aim to improve societal well-being and demonstrate corporate social responsibility.

Corporate Social Responsibility

A business model in which companies integrate social and environmental concerns in their operations and interactions with stakeholders.