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

question 91

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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?

Definitions:

Truth-In-Lending Act

A federal law designed to promote the informed use of consumer credit, by requiring disclosures about its terms and cost.

Truth-In-Lending Act

is a federal law designed to protect consumers in their dealings with lenders and creditors by requiring clear disclosure of key terms of the lending arrangement and all costs.

Loan Between Two Consumers

A financial agreement in which one consumer lends money to another consumer without the involvement of traditional financial institutions.

Extending Credit

The practice of allowing a buyer to purchase goods or services now and pay for them later.