All of the following are major trends behind the CSR phenomenon except:

A. sustainability
B. globalization
C. the failure of the private sector
D. knowledge

Answer: C. the failure of the private sector

Business

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Which of the following is not an essential element of an agency relationship?

A. It must be created by contract. B. The agent must be subject to the principal's control. C. The agent is a fiduciary in respect to the principal. D. The agent acts on behalf of another and not himself or herself.

Business

When demand exceeds supply, there is a(n) ________ of that product

a. excess b. surplus c. shortage d. scarcity

Business