The UN Global Compact

question 93

Multiple Choice

The UN Global Compact:

• A) ignores issues of environmental concern.
• B) is the largest initiative of its kind in the world.
• C) applies only to organizations from developed nations.
• D) is a regulatory instrument that polices organizations.

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Definitions:

Market Capitalization

The total market value of a company's outstanding shares of stock, calculated by multiplying the stock's price by the total number of shares.

Compliance Costs

Expenses incurred by businesses or individuals to meet legal requirements or regulatory standards.

Securities Exchange Act

A U.S. law governing the trading of securities, such as stocks and bonds, to provide protection for investors.

Gourmand Pastries

High-quality, often elaborate or luxuriously prepared baked goods intended for those who delight in eating fine food.