A Social Audit Is a Systematic Assessment of a Company's

question 98

True/False

A social audit is a systematic assessment of a company's activities in terms of its social impact.

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Definitions:

Growth

Describes the process of increasing in size, value, or importance, typically used in economic and business contexts to refer to the expansion of companies or economies.

Resource Investments

The allocation of resources, such as time, money, or materials, into projects or activities with the expectation of achieving returns.

Backward Integration

A business strategy where a company expands its role to fulfill tasks formerly completed by businesses up the supply chain, thereby controlling production of its supplies.

Acquires Suppliers

The process by which a company takes over or purchases its suppliers to control the supply chain.