The ______ Is a General Standard of Business Practice That

question 109

Multiple Choice

The ______ is a general standard of business practice that applies equally to all countries over and above their local customs and social norms.

• A)universal accounting standards
• B)global code of ethics
• C)international cross border customs practices
• D)the generally accepted business principles

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Definitions:

Automation

The use of technology to execute tasks with minimal human intervention.

Sustainability Initiatives

Efforts made by individuals, organizations, or governments to reduce environmental impact and promote responsible resource use for future generations.

Mitigation of Risk

Strategies and actions taken to reduce the severity, impact, or likelihood of potential threats and vulnerabilities to a project, system, or investment.

Segment Customers

The practice of dividing a business's total customer base into smaller groups based on particular criteria such as needs, characteristics, or behaviors to tailor marketing and service approaches.