A Systematic Attempt to Identify,measure,monitor,and Evaluate a Firm's Performance with Respect

question 18

Multiple Choice

A systematic attempt to identify,measure,monitor,and evaluate a firm's performance with respect to its social efforts,goals,and programs is a(n)

• A)Triple Bottom Line audit.
• B)environmental audit.
• C)social audit.
• D)social impact statement.

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Definitions:

Proportions

The relationship between parts and a whole, often expressed as a ratio or fraction.

Factor 1

An element or component that contributes to a particular result or situation; can be considered as a contributing variable in different contexts.

Profit

The financial gain obtained when the revenue from selling goods or services exceeds the costs involved in their production or provision.

Production Function

A production function is an equation that describes the maximum output of a good or service an economy or firm can produce given the input resources it has available.