The Global Compact Identifies Human Rights Principles for Doing Business

question 26

True/False

The Global Compact identifies human rights principles for doing business globally that includes making certain that corporations are not complicit in human rights abuses.

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Definitions:

Inequality

A situation where resources, opportunities, and rights are distributed unevenly amongst individuals or groups in a society.

Regulate Inequality

Efforts or policies aimed at managing or reducing the disparities in wealth, resources, or opportunities among members of a society.

Abolish Inequalities

Efforts aimed at eliminating disparities in wealth, status, and power among different groups in society.

Fair Bargaining

Negotiation practices that are just, equitable, and transparent, ensuring all parties involved have their interests fairly represented and respected.