An Emerging Business Model That Attempts to Strategically Balance the Interests

question 13

Multiple Choice

An emerging business model that attempts to strategically balance the interests of all stakeholders to solve social and environmental problems is called:

• A) Balanced Corporation.
• B) B Lab.
• C) B Corporation.
• D) CSR Corporation.

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Definitions:

High-Value

Referring to objects, services, or properties that possess a considerable worth or quality.

Expected Value

A calculation used in statistics and gambling to determine the average outcome of a series of random events, taking into account all possible scenarios and their probabilities.

Low-Value

Describes products, services, or assets that are considered to have a minimal worth or importance in comparison to others.

Bid-Rigging Cartel

An illegal agreement among competitors to fix bidding prices, eliminating competition in the market.