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For Firms That Do NOT Want to Take a Proactive

question 160

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For firms that do NOT want to take a proactive stance with respect to social responsibility,the next most responsible position in the eyes of proponents of social responsibility would be a(n) ____ stance.


Definitions:

Developing Countries

Nations with a lower level of material well-being, industrialization, and economic development compared to developed countries.

Developed Countries

Nations with high levels of economic productivity, advanced infrastructure, and higher standards of living.

Technology

The application of scientific knowledge for practical purposes, especially in industry, which can significantly influence productivity and economic growth.

Capital

Wealth in the form of money or other assets owned or used by a person or organization for a particular purpose such as investment in productive projects.

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