KPMG Reported That Globally 78% of Companies Worldwide Refer to GRI

question 25

Multiple Choice

KPMG reported that globally 78% of companies worldwide refer to GRI guidelines in their corporate responsibility reports. According to the GRI (G4) guidelines, the product and services aspect would be categorised as:

• A) economic.
• B) environmental.
• C) social: society.
• D) social: product responsibility.

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Definitions:

Estimated Federal

An approximation related to the United States federal government, often referring to projected budgets, taxes, or revenues.

State Income Taxes

Taxes levied by individual states on the income earned by residents or entities within their jurisdiction.

Starting a Business

The act of establishing a new commercial enterprise, involving planning, financial decision-making, and legal setup.

Advantages

These are the benefits or favorable factors that contribute to the success and competitive edge of a business or strategy.