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COGNITIVE ASSESSMENT What Are the Four Steps in the Machine

question 89

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COGNITIVE ASSESSMENT What are the four steps in the machine cycle?

Recognize the impact of corporate actions on various stakeholders including the community, employees, and the environment.
Identify different views on the role of businesses in society, from classical economic to socioeconomic models.
Comprehend the strategies businesses can adopt toward social responsibility, from reaction to proaction.
Understand the concept of corporate philanthropy and its relation to corporate social responsibility.

Definitions:

Project Teams

Group similar to task forces that normally run their operation and have total control of a specific work project.

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