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Which Term Refers to a Decrease in the Friction of Distance

question 55

Multiple Choice

Which term refers to a decrease in the friction of distance between locations as a result of improvements in transportation and communication technologies?


Definitions:

Discretionary Responsibilities

Responsibilities that allow individuals or managers to make decisions based on their judgment and assessment of a situation.

Corporate Social Responsibility

A business practice that involves participating in initiatives that benefit society, emphasizing ethical behavior, sustainable operations, and community development.

Ethical Responsibilities

Obligations to act in a morally sound way, considering the well-being of others and the environment in decision-making processes.

Discretionary Actions

Actions based on individual judgment or choice rather than set standards, often pertaining to corporate or governmental decision-making.

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