The Market and Public Sector Are Similar in That

question 228

Multiple Choice

The market and public sector are similar in that

• A) there is competition among the participants in both sectors.
• B) the resources used in both sectors are scarce.
• C) the participants in both sectors react to incentives.
• D) All of the above are true.

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Definitions:

Corporate Social Responsibility

A company's commitment to managing the social, environmental, and economic effects of its operations responsibly and in line with public expectations.

Strategies

Carefully designed plans or methods aimed at achieving specific goals or objectives, often within business, military, or personal contexts.

Communication Channels

Mediums through which information is transmitted from one entity to another, including verbal, non-verbal, and digital platforms.

Global CSR RepTrak® 100 Report

An annual survey that ranks companies based on the public's perception of their corporate social responsibility efforts.