The Following Performance Component Recommended by the Global Reporting Initiative

question 18

Multiple Choice

The following performance component recommended by the Global Reporting Initiative relates to customer health and safety, marketing communications and customer privacy:

• A)Labour practices
• B)Human rights
• C)Product responsibility
• D)Society
• E)Costumer rights

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Definitions:

Credit Terms

Credit terms are the payments conditions set by sellers for goods and services, including the period provided to the buyer to settle the owed amount.

Cash Conversion Cycle

A metric that shows the time span between a company's outlay of cash for raw materials and receiving payment from its customers, effectively measuring the time each net input dollar is tied up in the production and sales process.

Long-term Capital

Funds or assets held by a company for more than one year, used for financing long-term projects or investments.

Operating Working Capital

The difference between a company's current assets and current liabilities, excluding short-term debt. It reflects the funds that a business requires for day-to-day operations.