Which of the Following Statements Is True About the United

question 61

Multiple Choice

Which of the following statements is true about the United Nations Universal Declaration of Human Rights?

• A) It transcends national borders.
• B) It states that human rights are culturally determined.
• C) It states that an action is judged desirable if it leads to the best possible balance of good consequences over bad consequences.
• D) It states that the only social responsibility of business is to increase profits, so long as the company stays within the rules of law.

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Definitions:

Corporate Vertical Marketing Systems

A structured form of marketing system in which a single corporate entity controls the entire process of product or service delivery, from manufacturing to retail.

Backward Integration

A business strategy where a company acquires or merges with its suppliers to control the supply chain and reduce costs.

Supply Sources

Origins or providers from which goods or services are obtained, including manufacturers, wholesalers, or distributors.

Retailer-sponsored Cooperative

A group of retailers that pool their resources together for joint purchasing, marketing, or other business operations to increase competitive advantage.