The Management Team for SafeCare Chemicals Inc

question 103

Multiple Choice

The management team for SafeCare Chemicals Inc.came up with the following vision statement: "SafeCare Chemicals will conscientiously track its financial performance to ensure profits for its investors,enhance its community through employment and supporting charities,and dispose of waste in a manner that will not harm the environment." This vision statement is most likely based on the

• A) accounting profitability approach.
• B) economic value creation approach.
• C) triple-bottom-line approach.
• D) balanced-scorecard approach.

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Definitions:

Coordination

The organized arrangement of group activities and efforts to ensure a smooth operation or completion of a common task.

Differentiate Labour

The process of distinguishing or creating differences between types of labor based on skills, tasks, or responsibilities.

Divide Labour

The allocation of different parts of a work process or task to different individuals in order to improve efficiency and productivity.

Intellectual Limitations

Restrictions in an individual's cognitive functioning and abilities, which may affect learning, problem-solving, and daily adaptive behaviors.