According to Joseph F

question 83

Multiple Choice

According to Joseph F.Keefe,which of the following is true of the major trends behind the corporate social responsibility phenomenon?

• A) Companies easily conceal whatever they do (good or ill)as it will not be known at all.
• B) Globalization represents a new stage of capitalist development,this time with public institutions in place to protect society by balancing private corporate interests against broader public interests.
• C) Corporations are under increasing pressure from diverse stakeholder constituencies to demonstrate that business plans and strategies are environmentally sound and contribute to sustainable development.
• D) In the United States and other developed nations,citizens have the complete confidence in the public sector as the best and most appropriate venue for addressing a growing list of social problems.

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Definitions:

Data Exchange

The process of transferring data between different computer systems or within an organization, potentially using various formats or protocols.

Cumulative Quantity Discounts

Discounts the customer receives for buying a certain amount of a product over a stated period, such as one year.

Price Reductions

A strategy where the selling price of goods or services is lowered, often temporarily, to attract more customers or to clear inventory.

Channel Member

A participant in a distribution or supply chain who plays a role in moving products from producers to consumers.