The CEO at River Castle Inc. asked the employees to prepare a report on ways in which the company could become more environmental friendly. The reports revealed areas in which the company had been unnecessarily adding to its carbon footprint and consuming excessive energy due to faulty machines. As a corrective action, all the faulty and outdated equipment were replaced with efficient equipment. This is an example of a(n) ________.

A. positive feedback
B. bootstrap paradox
C. arraignment
D. green audit


Answer: D

Business

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When companies operate abroad in the absence of home-country legal constraints, the best choice for ethical conduct would be:

A) to ignore bribery and act as if it does not exist. B) to maintain home-country ethics worldwide with no adaptations. C) to abandon any attempt to maintain company ethics. D) to have a product that is clearly superior to that of the competition. E) to adapt in varying degrees to local customs and practices.

Business

A global company that uses market skimming as a pricing strategy is likely to invite charges of "dumping" by competitors in host-country markets

Indicate whether the statement is true or false

Business

In recent years, changes in technology have ______.

A. blurred the differences between products and services B. made the differences between products and services more distinct C. required products to be offered with services D. made products more important than services

Business

The work sheet is published in the annual report along with the financial statements

Indicate whether the statement is true or false

Business