__________ refers to the ability to generate wealth without compromising environmental responsibility and social stewardship, thus meeting the current and future needs of stakeholders while preserving the environment and society so that future generations can meet their needs as well.

Fill in the blank(s) with the appropriate word(s).


Sustainability

Business

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Management should exercise the control plan ______________________________ to ensure that a purchase is within an applicable budget and that the purchase is desirable

Fill in the blank(s) with correct word

Business

A person could be periodically insane but enter a binding contract during a lucid moment.

Answer the following statement true (T) or false (F)

Business

Understanding target audience perceptions of cost is important because

a. strategies can be used to reduce perceived costs b. target audience perceptions are always right c. a marketer wants to minimize the number of exchanges d. a perceived cost is the same as monetary cost e. costs only accrue to the target audience so you need to understand them

Business

Which of the following assertions is NOT a hallmark of institutional theory?

a. Organizational rules are rationalized myths that are widely believed but rarely ever tested b. Organizational rules are institutionalized through public opinion, the education system, and laws c. Organizational rules are all about ensuring efficiency and effectiveness d. Many of the factors that shape organizations are based on social and cultural pressures to conform to already legitimate practices

Business