Merck Develops a Better Way to Package and Distribute Its

question 87

Multiple Choice

Merck develops a better way to package and distribute its pharmaceutical products that requires less materials and waste.What major social responsibility issue is Merck addressing?

• A) The natural environment
• B) Consumerism
• C) Marketing ethics
• D) Legal obligations
• E) Community relations

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Definitions:

Return on Assets

A financial ratio indicating how profitable a company is relative to its total assets, measuring how efficiently a company uses its assets to generate earnings.

Inventory Turnover

Inventory turnover is a ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.

Acid Test

A rigorous and conclusive test to prove the effectiveness or value of something.

Net Income

The total profit of a company after all expenses and taxes have been deducted from total revenue.