A Company Should Not Couch Its Mission in Terms of Making

question 15

Multiple Choice

A company should not couch its mission in terms of making a profit because a profit is more correctly:

• A) an obligation and a reason for what a company does.
• B) an objective and a result of what a company does.
• C) an outlay and a rationale for what a company does.
• D) an obligation and a responsibility for what a company does.
• E) an outflow and a right of what a company does.

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Definitions:

Systems Dynamics

An approach to understanding the nonlinear behavior of complex systems over time using stocks, flows, internal feedback loops, and time delays.

Identifying

The process of recognizing or establishing the identity of something or someone.

Anticipating

The ability to predict or prepare for future events or needs in a proactive rather than reactive manner.

Reinforcing Cycle

A process where an action produces effects which reinforce the original action, potentially leading to an accelerated outcome.