____________ refers to companies going beyond their bottom line and economic interests to engage in activities that promote social well-being and environmental sustainability.

a. Globalization
b. Organizational behavior
c. Sustainability
d. Corporate social responsibility


d. Corporate social responsibility

Business

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If a marketing manager observes that a competitor has increased his price and decreased his marketing budget, it would be an example of which of the following?

A) price differentiation B) a retreat, although only temporary C) aggressive competition for market share D) quality differentiation

Business

By making a plea of ________, the defendant does not admit ________ but agrees not to contest the charges

A) negligence per se; liability B) post hoc ergo propter hoc; liability C) res ipsa loquitur; guilt D) nolo contendere; guilt

Business

Typically the least risky option for entering international markets is

A. licensing. B. direct ownership. C. franchising. D. joint venture. E. exporting.

Business

Dale sold an oil painting to Jane for $1,000. Jane was to pick it up the next day, but an art dealer came into the store before she arrived and told Dale it was a rare painting by a famous artist and offered Dale $25,000

Dale didn't tell the dealer about his sale to Jane, and Dale sold it to the art dealer for $25,000. As a result A) Jane can successfully sue Dale for breach of contract and seek pecuniary damages B) Dale's contract with Jane was void due to innocent misrepresentation C) Dale's contract with the art dealer was void for public policy reasons D) Dale's contract with Jane was void due to mistake E) Jane can sue both Dale and the art dealer

Business