A Manager's Duty to Take Actions That Will Benefit the Interests

question 27

Multiple Choice

A manager's duty to take actions that will benefit the interests of society as well as of the organization is known as

• A)social responsibility.
• B)philanthropy.
• C)ethics.
• D)moral rights.
• E)the society motive.

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Definitions:

Compensation Data

Information related to the payment amounts and structures for various job roles within an organization, often used for benchmarking and setting salaries.

Personal Interviews

A method of qualitative research where questions are asked in a face-to-face setting to gather detailed insights and personal experiences.

Telephone Interviews

A method of data collection or interviewing conducted over the phone.

Wage Compression

A situation where differences in wages between employees become small, often because of external pressures, leading to reduced pay gaps between new and experienced employees, or between different job roles.