When Companies Are Trying to Meet the Shareholders' and the General

question 88

Multiple Choice

When companies are trying to meet the shareholders' and the general public's demands to act more ethically and environmentally responsible, they are recognizing the importance of _____.

• A)a balanced scorecard approach
• B)performance management
• C)total quality management
• D)social responsibility
• E)cultural responsibility

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Definitions:

Autarky

A situation where a country is self-sufficient and does not engage in international trade.

Trade

The act of buying, selling, or exchanging goods and services between people or countries.

Domestic Price

The price of a good or service within a country's borders.

Domestic Consumption

The total amount of goods and services consumed within a country's borders.