Direct Consumption

  1. ____ 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

 

 

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