The UN Global Compact Relies on Public Accountability, Transparency, and the Enlightened

question 94

True/False

The UN Global Compact relies on public accountability, transparency, and the enlightened self-interest of companies, labor, and civil society to initiate and share substantive action in pursuing the principles on which the Global Compact is based.

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Definitions:

Variable Nature of Services

Describes the characteristics of services that make them less consistent and more difficult to standardize compared to physical products.

Intangible

Refers to something that cannot be physically touched or measured but holds value, such as intellectual property, brand reputation, or goodwill.

Pure Product

A good that is not altered or combined with any other goods, offered in its simplest form in the market.

Inseparability

A characteristic of services indicating that they cannot be separated from their providers, both must be present for the service to be delivered.