The Most Basic Corporate Social Responsibility of a Company Is

question 26

True/False

The most basic corporate social responsibility of a company is to its customers to ensure that a product is produced at the lowest cost.

Recognize the influence of global trends on Canadian HR policies and practices.

Learn the sources of information for HR professionals and their reliability.

Understand the impact of the labour market on organizational strategy.

Apprehend the importance of timely information for competitive advantage.

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Definitions:

Profit Motive

The incentive that drives individuals and businesses to improve their material well-being by seeking financial gains.

Discrimination Effect

The impact on consumer choice and market outcomes when products are differentiated, often based on perceived quality or branding, leading to variations in pricing.

Discrimination

Discrimination refers to unjust or prejudicial treatment of different categories of people, especially based on race, age, or sex.

Personal Characteristics

Attributes or features that define an individual, including traits, skills, and preferences.