Answer:
Ethical and social responsibilities
Explanation:
Ethics is simply defined as an individual's personal beliefs on or about a decision, behavior, or action is right or wrong.organizations engages in ethics training. That is some companies offer employees training on how to cope with ethical dilemmas.
Ethical Behavior are refered to as behavior that adapt or conforms to generally accepted social norms.
Corporate Social Responsibility is simply defined as ideas that individuals who are involved in business should pit into due consideration in the social consequences of economic actions when making business decisions and presumption should be available in favor of decisions that have both good economic and social consequences.
The Approaches to Social Responsibility includes:
1- Obstructionist Stance
2- Defensive Stance
3- Accommodative Stance
4- Proactive Stance
Answer:
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Answer:
- government contracting
- advocacy
- entrepreneurial development
- access to capital
Explanation:
SBA is a US government agency whose core mandate is to support the growth of small businesses. The Small Business Association(SBA), promotes economic growth by providing useful resources and information to help them start and develop small businesses.
The SBA supports the advancement of small businesses in the following ways.
- Education and training,
- Providing information and links to affordable credit
- Connecting to government contracts
- Offering business advise
Answer:
<h2>In this case,the correct answer would be option b) given in the answer choices or More time to explore new revenue generation activities.</h2>
Explanation:
- From an economic or business perspective, outsourcing of operational activities or conducts refer to assigning the business functions, activities, projects, assignments etc. to any third party or external agency with a view to enhance work productivity and minimize overall average operational costs or expenses.
- The third party or the external entities involved in the outsourcing activities are typically not part of the parent or main company or are not commercially affiliated with the parent or main company.
- One of the advantages of outsourcing to the company executives is to be able to assign some of the major and time consuming business activities to outsourced companies or entities and focus more on other mediums or sources of revenue generation for business. It might include introduction of new product or service lines, restructuring of the internal organizational settings or venturing new markets to capture higher consumer or client base. Hence, higher work or labor division through outsourcing activities can provide more time and opportunity for executives to focus more on other revenue generating endeavors.
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