The Term Used to Express How a Firm Meets Its

question 25

Multiple Choice

The term used to express how a firm meets its stakeholder expectations of its economic, legal, ethical, and philanthropic responsibilities is

• A)reputation.
• B)corporate citizenship.
• C)corporate ethical audit.
• D)ethical citizenship.
• E)fiduciary duties.

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Definitions:

Continuous Uniform

A distribution that assigns an equal probability to all outcomes in a continuous range.

Random Variable

A variable whose possible values are outcomes of a statistical experiment, where the value is determined by chance.

Probability Density Function

A function that describes the relative likelihood for a continuous random variable to take on a given value.

Uniform Distribution

Describes a situation in which all outcomes are equally likely, such as the roll of a fair die.