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Source Perrier S.A. ,the supplier of Perrier bottled water,exercised __________ when it recalled 160 million bottles of water in 120 countries after traces of a toxic chemical was found in 13 bottles.The recall cost the company $35 million,and the profit from $40 million in lost sales.Even though the chemical was not harmful to humans,the president of the company believed it was his duty to remove "the least doubt,as minimal as it might be,to weigh on the image of the quality and purity of our product."
Promotional System
The policies and practices involved in advancing employees within an organization based on merit, seniority, or other criteria.
Retention Practices
The methods and strategies employed by organizations to keep their employees and reduce turnover.
Feasibility Determination
The method of evaluating the feasibility and potential success of a planned project or system.
Anticipated Costs
Expenses that are expected or forecasted for future periods, often planned for in budgets and financial projections.
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