Which of the Following Serves as a Good Example of a Proactive

question 163

Multiple Choice

Which of the following serves as a good example of a proactive socially responsible approach toward global marketing?

• A) asking business vendors to comply with human rights policies, safety rules, and sustainable environmental goals
• B) partnering with the low-cost providers of goods and services, because this strategy serves the interests of stakeholders and shareholders
• C) providing one's customers with the best value at the lowest cost and doing what it takes to make that happen
• D) refusing to do business with unethical companies.

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Definitions:

Real GDP Per Person

A measure of the value of all finished goods and services produced within a country in a specific time period, adjusted for inflation, divided by the total population.

Productivity

The measure of efficiency in which goods and services are produced, typically reflected by the quantity produced per unit of input.

Annual Growth Rate

The year-over-year increase in the value of a particular economic indicator, expressed as a percentage.

Real GDP

The measure of a country's economic output adjusted for price changes or inflation, providing a more accurate reflection of an economy's size and growth.