According to ISM, _____ Is Defined as the Ability to Meet

question 11

Multiple Choice

According to ISM, _____ is defined as the ability to meet current needs without hindering the ability to meet the needs of future generations in terms of economic, environmental, and social challenges.

• A)Sustainability
• B)Scenario analysis
• C)Social responsibility
• D)Supply chain risk management
• E)Standardization

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Definitions:

Interest Rate

The cost of borrowing money, typically expressed as a percentage of the amount borrowed.

Discretionary Fiscal Policy

Government strategy that includes altering its expenditure and taxation levels to oversee and impact a country's economic conditions.

Government Securities

Government securities are financial instruments issued by the government to finance its expenditures, offering investors a return in the form of interest payments.

Private Demand

The desire and willingness of individuals and entities to purchase goods and services in a free market.