Claiming Responsibility for Positive Outcomes of Events Is Called

question 156

Multiple Choice

Claiming responsibility for positive outcomes of events is called:

• A) affirmative social responsibility
• B) acclaiming
• C) entitling
• D) enhancement

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Definitions:

Labor-Intensive

Describing a process or industry that requires a large amount of labor to produce its goods or services.

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its competitors, which enhances efficiency in international trade.

Production Possibilities

A curve or frontier representing the maximum combination of goods and services that can be produced efficiently with available resources and technology.

Specialize

To focus on a particular area of expertise or production, often to increase efficiency or performance in that area.