What Are the Four Steps That Must Be Taken When

question 63

Essay

What are the four steps that must be taken when a firm decides that it wants to become socially responsible? Explain.

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Definitions:

Wisdom

The quality of having experience, knowledge, and good judgment; the ability to make sound decisions in complex situations.

Knowledge Management

The systematic process of creating, sharing, using, and managing the knowledge and information of an organization, to ensure its optimal use and proliferation.

Data

Facts and statistics collected together for reference or analysis.

Unprocessed Numbers

Raw numerical data that have not been subjected to analysis or manipulation.