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Which of the Following Was Designed to Allow GM to Operate

question 2

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Which of the following was designed to allow GM to operate ethically in South Africa as long as the company did not obey the apartheid laws in its own South African operations?


Definitions:

Fitness For Purpose

A condition ensuring that a product or service meets the specific criteria or intended use defined by the buyer or contract.

Market Share Theory

A concept in business and economics referring to the percentage of an industry or market's total sales that is earned by a particular company over a specified time period.

Liability

Liability refers to the state of being legally responsible for something, particularly in terms of debts or legal obligations.

Judgment

A formal decision made by a court following a lawsuit.

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