Examlex

Solved

COGNITIVE ASSESSMENT Which of the Following Disc Types Can Be

question 146

Multiple Choice

COGNITIVE ASSESSMENT Which of the following disc types can be written onto, but not erased?

Understand the importance of incorporating ethics and social responsibility in strategic planning.
Assess the impact of social responsibility on customer loyalty and organizational performance.
Analyze the growing significance of ethics and social responsibility in modern marketing strategies.
Understand the components and importance of effective branding strategies.

Definitions:

Bilateral Contract

An agreement between two parties in which each party commits to performing a specific obligation.

Consideration

In a contractual agreement, it is the value or promise that each party agrees to exchange.

Promissory Estoppel

A legal principle that enables a party to recover on a promise made when they have reasonably relied on that promise to their detriment, even if a formal contract does not exist.

Illusory Contract

An agreement that fails to bind at least one of the parties due to the lack of a definite promise or because the terms allow for withdrawal without consequence.

Related Questions