Charlie Is a Human Resource Manager for a Midsize Corporate

question 51

Multiple Choice

Charlie is a Human Resource Manager for a midsize corporate firm.The recent construction project that was completed in his department has been approved by the rest of the corporation because of his energy savings improvements which are providing an overall reduction of natural resources by the firm.The project was a win-win for all the stakeholders.This is considered to be ____________.

• A)Social responsibility
• B)TQM
• C)Resource optimization
• D)Competitive advantage

---

Definitions:

Competitive Forces

The external factors that influence the competitive position of a firm in an industry or market.

Interdependent

A situation where entities or individuals depend on each other, often seen in economic and social settings.

Oligopoly

A market structure in which a few firms dominate the market, leading to a high level of market concentration.

Oligopolistic Industry

A market structure characterized by a small number of firms whose decisions affect and are affected by each other, leading to strategic behavior and interdependence.