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Firms Need to Address Many Issues When Considering Benefits,including

question 28

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Firms need to address many issues when considering benefits,including:


Definitions:

Input

Resources used in the production process, including raw materials, labor, and capital, which contribute to the creation of goods or services.

Stakeholders

Individuals or groups with an interest or concern in the success and operations of a business, including investors, employees, customers, and suppliers.

Environmental Practices

Actions and policies implemented by an organization to minimize its impact on the environment and promote sustainability.

Social Practices

The patterns of behavior and norms that are accepted in a society or among particular social groups.

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