Match the Options Below with the Correct Phrase

question 14

Multiple Choice

Match the options below with the correct phrase:
-reactive approach

• 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

Appreciate the importance of realistic projections and identifying potential business plan errors, such as the exaggerated hockey stick forecast.

Learn the benefits and effectiveness of taking strategic breaks for planning and visioning.

Understand the critical elements that should be included in a business plan and how they contribute to a clear and successful business strategy.

Understand the difference between a population and a sample.

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Definitions:

Ledger

A comprehensive collection of all accounts used by an organization, showing the changes made to each account due to transactions, and the current balance.

Journal

An accounting record where all transactions are initially recorded using the double-entry bookkeeping system before they are transferred to accounts in the general ledger.

Debt Ratio

A financial ratio that measures the extent of a company’s leverage, calculated by dividing total liabilities by total assets.

Liabilities

Financial obligations a company owes to external parties, including loans, accounts payable, and mortgages.