_____ Involves Accepting the Consequences Should a Risk Occur

question 27

Short Answer

 _____ involves accepting the consequences should a risk occur.

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Definitions:

Consumerism

The protection or promotion of the interests of consumers; the preoccupation with and inclination towards the buying of consumer goods.

Corporate Social Responsibility

A business practice involving initiatives that benefit society and contribute to sustainable development.

Stakeholders

Individuals or groups that have an interest in or are affected by the activities and decisions of a business or organization.

Sarbanes-Oxley

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws, following financial scandals at companies like Enron and WorldCom.