Social Responsibility Is the Conscious Effort to Operate in a Manner

question 50

Multiple Choice

Social responsibility is the conscious effort to operate in a manner that creates a win-win situation for__________.

• A)all shareholders
• B)all stakeholders
• C)all employees
• D)the organization

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Definitions:

Human Resource Professionals

Individuals specialized in managing the human aspects of organizations, focusing on policies and systems related to employee management and satisfaction.

Restructuring

Restructuring involves making significant changes to a company’s operations, structure, or finances, often to improve efficiency, competitiveness, or performance.

Just Cause

A legal standard that employers must meet to justify disciplinary actions or termination, demonstrating a valid and fair reason for their decisions.

Provincial Employment Standards

Regulations set by provincial governments outlining the minimum terms of employment, including hours of work, wages, and leave entitlements, to protect workers' rights.