The Top Management at Sunshine Vitamins, Through Rigorous Testing, Ensures

question 52

Multiple Choice

The top management at Sunshine Vitamins, through rigorous testing, ensures that the company develops and sells vitamins that are free of harmful side effects. Also, the company ensures that the chemical waste generated in the manufacturing process is kept to a bare minimum and is disposed of according to the regulations of the Environmental Protection Agency. The management assesses its overall performance based on these dimensions. Thus, the managers at Sunshine Vitamins are applying the ________ approach to measure firm performance.

• A) economic value creation
• B) shareholder value creation
• C) triple-bottom-line
• D) accounting profitability

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Definitions:

Nation-States

Sovereign states whose citizens or subjects are relatively homogeneous in factors such as language or common descent.

Global Flow

Refers to the movement of goods, services, information, and people across international borders, facilitating global interconnectedness and interdependence.

Neoliberalism

An economic and political ideology that emphasizes free-market capitalism, deregulation, and reduction in government spending to enhance the role of the private sector in the economy and society.

State Oversight

The monitoring and regulation of activities by the government to ensure compliance with laws and policies.