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

Differentiate between various business structures and their characteristics.

Recognize the effects of interest rates on business investment decisions.

Understand the concepts of the average propensity to consume (APC) and save (APS).

Describe the importance of the capacity utilization rate in economic analysis.

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Definitions:

Superior Customer Service

Providing customers with an exceptional buying experience, characterized by attentive, efficient, and courteous service.

Needs

Basic requirements or essential conditions for an individual to live a healthy and stable life, including physical, emotional, social, and intellectual aspects.

Satisfaction

The feeling of fulfillment or pleasure that comes from achieving something or having one's needs met.

Positive Energy

A constructive and uplifting force or attitude that often leads to a favorable and happy environment.