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Dofasco, Inc

question 64

Multiple Choice

Dofasco, Inc. is a different kind of steel company. Tiny by industry standards, the Canadian-based company has just 8,500 employees and a market cap of $2.3 billion. Dofasco operates with a close eye on the triple bottom line. In addition to tracking financial metrics, Dofasco also monitors its impact on society and the environment. As a result, the company has outperformed many of its biggest competitors. Despite a recent slump in the automobile industry, which accounted for 50 percent of its business, Dofasco ran at 100 percent capacity and finished as one
of the only integrated steelmakers in all of North America to make a profit one year. Dofasco is also one of the only companies in the steel industry without a union, and its employees like it that way. Employee turnover at the company's main operation is less than one percent annually. Part of its low turnover rate is due to the company's concern about protecting its external environment. As the CEO of the company said, "One way to get happy employees is not to wreck their community in which they live."
-Refer to Dofasco. Sydney Steel Corporation is another steel producer in Canada. This company is part of Dofasco's _______component of its __________environment.

Definitions:

Pain-reducing Effect

The outcome or ability of a substance or practice to decrease or alleviate pain sensation in the body.

Sense of Commitment

A psychological state that represents being bound emotionally or intellectually to a course of action or to another person/other people.

Hardiness

A personality trait that involves a sense of control, commitment, and an ability to embrace challenge as a means of personal growth.

Sexually Transmitted Infections

Infections transmitted through sexual contact, caused by bacteria, viruses, or parasites.