Match the Options Below with the Correct Phrase

question 69

Multiple Choice

Match the options below with the correct phrase:
-business ethics

• A)a review or examination of the organization's social performance
• B)a social responsibility strategy to actively fight or defend against demands from others
• C)a business social responsibility strategy in which businesses wait for demands to be made on them and then respond.
• D)a situational decision with only unethical choices
• E)the rules/standards that govern employees and organizations in the field of commerce
• F)products that minimize energy consumption
• G)a business social responsibility strategy of looking to the needs of constituents
• H)the notion that individuals and organizations have certain obligations in addition to their business interests.
• I)law requiring companies to disclose their financial reports
• J)communities that meet today's needs while ensuring future needs can be met
• K)core values and beliefs that act as guide
• L)individuals who take action to inform the media about unethical practices

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Definitions:

Value Added

The increase in worth of a product or service as a result of a particular process, typically measured as the difference between the market price and the production cost.

Final Sales

The total value of all goods and services sold for final use, excluding intermediary transactions and unsold inventory.

Leakage

In economics, the term refers to a situation where income or resources exit an economy or system rather than being retained or reinvested.

Circular Flow

Describes the continuous movement of goods, services, and money between households and businesses in an economy, illustrating how these entities interact in the markets for resources and products.