An Organisation Contributing to a Community's Welfare Planting as Many

question 28

Multiple Choice

An organisation contributing to a community's welfare planting as many trees as are needed to offset its carbon footprint is an example of a:

• A) customer loyalty program.
• B) trading partnership.
• C) supply chain.
• D) sustainable operations strategy.
• E) customer charter.

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Definitions:

Milton Friedman

An American economist and Nobel laureate who was a leading proponent of monetarism and free-market capitalism.

Serious Inflation

An extreme form of inflation characterized by rapid and uncontrollable rises in prices across the economy.

Supply-Side Economists

Economists who believe that reducing taxes and decreasing regulation will lead to an increase in production and economic growth.

Laffer Curve

A theoretical representation showing the relationship between tax rates and the amount of tax revenue collected by governments.