Which of the Following Best Explains 'A Value Chain Focus

question 46

Multiple Choice

Which of the following best explains 'a value chain focus on environmental issues'? 

• A) The focus is from the sourcing of raw materials to the way consumers utilize products 
• B) This includes all activities that are focused on an efficient use of natural resources of energy, raw materials and other natural resources. 
• C) The profit aspect provides guidelines for sustainable financial development of a company, measured over a longer period of time. 
• D) This includes all activities that are focused on providing good labour conditions for employees and a labour climate in which individual employees are able to develop their skills and competencies.

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Definitions:

Recessionary Gap

The difference between the actual output of an economy and its potential output at full employment, indicating underutilization of resources.

Inflationary Expectations

The anticipation of future inflation rates, influencing economic decisions and behavior.

Discretionary Policy

Economic policies based on ad hoc decisions by the government or monetary authorities to influence the economy, such as changes in spending or taxation.

Inflationary Expectations

The anticipation by consumers and businesses of future inflation, which can influence economic behavior such as spending, saving, and investment.