Which of the Following Refers to the Obligation of an Organization

question 47

Multiple Choice

Which of the following refers to the obligation of an organization to its stakeholders as well as its own interests?

• A) Altruism
• B) Corporate social responsibility
• C) Philanthropy
• D) Corporate interest

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Definitions:

Optimum Shovel Load

The ideal quantity of material a shovel can efficiently move at one time, maximizing productivity while minimizing physical strain and operational costs.

Operational Approach

A method of addressing problems or tasks focusing primarily on the practical and efficient achievement of objectives.

Management

The process of dealing with or controlling things or people, often within an organizational setting.

Henry L. Gantt

An American mechanical engineer and management consultant who developed the Gantt chart, a popular project management tool.