- ____ is the reporting on the societal and environmental effects of organizations’ economic actions to particular interest groups.
Corporate report
Consumer audit
Social audit
Social responsibility
2. ____ is an economic theory that increased consumption is beneficial to a nation’s economy in the long run.
Social behaviorism
Capitalism
Marketing
Consumerism
3. ____ is a public display of acquisition of possessions with the intention of gaining social prestige; excessive consumerism in order to flaunt one’s purchasing power.
Marketing consumption
Direct consumption
Market consumption
Conspicuos consumption
4. The capability to produce more of a given product using less of a given resource than a competing entity.
Direct demand
Direct efficiency
Absolute advantage
Absolute producitivity