Scenario 3.2 Metro Business Is a Growing Firm Located in Calgary, Alberta

question 77

Multiple Choice

Scenario 3.2
Metro Business is a growing firm located in Calgary, Alberta. The CEO, Niri Malo, has noticed that most of the recent applications for positions in the organization are self-identified persons from the four designated groups covered by employment equity legislation in Canada. Ms. Malo has heard of the benefits of a diversity workforce and wants to implement an employment equity plan. She understands, however, that there may be challenges in implementing it.
-Refer to Scenario 3.2. What is the first step in establishing the employment equity plan at Metro Business?

• A) collecting data on Metro's demographics
• B) ensuring senior management commitment
• C) ensuring reasonable accommodation
• D) getting the government's approval

---

Definitions:

Traditional IRA

A Traditional Individual Retirement Account (IRA) is a type of retirement savings account that allows pre-tax contributions, with the investments growing tax-deferred until withdrawals begin at retirement.

Qualified Profit-sharing Plan

A retirement plan that allows employees to share in the profits of their company, contributing to their retirement savings.

Positive Net Income

A financial situation where revenues exceed expenses, resulting in a net profit.

Not Taxed

A classification for income or transactions that are exempt from taxation.