I will not buy my coffee from “XYZ” Company because of their use of children in production. This consumerism is called b. Company-based purchasing c. Fully screened approach d. Positive Buying The dimensions of globalization are a. Social, environmental, economic, and political b. Cultural, environmental, legal, and economic c. Political, legal, social, and economic Consumerism __________________ Question 11Answer b. posits that it is economically desirable to increase consumption of goods. c. provides that products manufactured are safe for consumers d. is the theory that posits consumers are more important than employees. Which of the following is not a tenet of Corporate Social Responsibility? b. Philanthropic responsibility c. Ethical Responsibility d. Consult with the stakeholders Which model of the BGS relationship assumes that businesses operate in the market environment, which channels their profit-seeking motive towards the public good? a. Stakeholder model c. Countervailing model d. Market Capitalism model Which of the following is not a Secondary Stakeholder? a. Labour unions c. The environment d. The community Which of the following is a feature of the Latin model of governance. a. The tenets of the model are codified in rules. b. It reflects an age hierarchy. d. It is dependent on rules and adjudication Which of the following is not impacted by Globalization in developing countries? b. Cultural relations c. Income inequality d. Government protections Which of the following is not an advantages of Public-Private Partnerships? Question 25Answer a. Greater return on investment for the parties. b. Government is free from financial and management involvement. c. Transfer of knowledge.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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I will not buy my coffee from “XYZ” Company because of their use of children in production. This consumerism is called

Company-based purchasing

Fully screened approach

Positive Buying

The dimensions of globalization are

Social, environmental, economic, and political

Cultural, environmental, legal, and economic

Political, legal, social, and economic

Consumerism __________________

Question 11Answer

posits that it is economically desirable to increase consumption of goods.

provides that products manufactured are safe for consumers

is the theory that posits consumers are more important than employees.

Which of the following is not a tenet of Corporate Social Responsibility?

Philanthropic responsibility

Ethical Responsibility

Consult with the stakeholders

Which model of the BGS relationship assumes that businesses operate in the market environment, which channels their profit-seeking motive towards the public good?

Stakeholder model

Countervailing model

Market Capitalism model

Which of the following is not a Secondary Stakeholder?

Labour unions

The environment

The community

Which of the following is a feature of the Latin model of governance.

The tenets of the model are codified in rules.

It reflects an age hierarchy.

It is dependent on rules and adjudication

Which of the following is not impacted by Globalization in developing countries?

Cultural relations

Income inequality

Government protections

Which of the following is not an advantages of Public-Private Partnerships?

Question 25Answer

Greater return on investment for the parties.

Government is free from financial and management involvement.

Transfer of knowledge.

Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

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