Identify and State the Historical Significance of the Following

question 70

Short Answer

Identify and state the historical significance of the following:
-Federal Reserve Act

---

Definitions:

Sustainable Competitive Advantage

A unique advantage that allows an organization to outperform its competitors over a long period.

Socially Responsible Organizations

Companies that operate in a manner that considers the social, environmental, and economic impacts of their decisions and actions.

Investors

Individuals or entities that commit capital with the expectation of receiving financial returns, involving a variety of investment vehicles like stocks, bonds, and real estate.

Stakeholders

Individuals or groups that have an interest or concern in an organization's activities and outcomes, including employees, customers, suppliers, and shareholders.