Companies That Step in with On-Site Day Care Programs for Employees

question 78

Multiple Choice

Companies that step in with on-site day care programs for employees facing challenges such as caring for elderly parents are fulfilling their:

• A) stakeholder criterion.
• B) social responsibility.
• C) legal obligation.
• D) fiduciary duty.

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Definitions:

Glocalization

A process combining globalization with local considerations, adapting global practices to fit local needs, cultures, and practices.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to an increase in interconnectedness and interdependence among the world's markets and businesses.

Local Differences

Variations in cultural, social, economic, and environmental characteristics that are unique to specific geographic areas or communities.

McDonaldization

The process by which principles of the fast-food industry, such as efficiency, calculability, predictability, and control, are becoming dominant in other sectors of society.