Narrative 12-1 Unilever Has Operations in 150 Countries. Recently, Unilever Took 100

question 91

Multiple Choice

Narrative 12-1
Unilever has operations in 150 countries. Recently, Unilever took 100 of these top managers on a jungle retreat to Costa Rica. To the dismay of Unilever's chair, no women were in the group. Upon investigation, he learned that only one woman had even been invited. As the retreat progressed, its participants commented on the richness of diversity in nature and how for anything to grow, there needs to be diversity. These comments caused Unilever's chair to establish an executive committee to examine practical ways to overcome barriers to women's promotion. They decided to avoid setting numerical targets because they encourage positive discrimination and instead examined recruitment and promotion practices.
-Refer to the Narrative 12-1.After studying the problem,the executive committee discovered that the company recruited the same number of men and women,but women were not being promoted to the top management positions.Which of the following probably existed?

• A) an executive box
• B) an impervious chain of management
• C) a missing ladder rung
• D) a glass ceiling

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Definitions:

Perfect Competition

A market structure characterized by a complete lack of friction or impediments to the entry of new firms, where all sellers and buyers have access to the same information and no individual entity can influence the market price.

Market Price

The present cost at which a service or asset is available for purchase or sale.

Perfect Competitor

A theoretical market structure where many buyers and sellers exchange identical products, and no single entity can influence the market price.

Long Run

A period in economics during which all factors of production and costs are variable, allowing for the full adjustment to changes.