Which of the Following Most Directly Explains Why Pharmaceutical Giant

question 202

Multiple Choice

Which of the following most directly explains why pharmaceutical giant Pfizer offered low-income senior citizens many of its most widely used prescriptions for $15 each per month?

• A)the profit motive since aging baby boomers are a large,profitable market
• B)the social responsibility concept
• C)the necessity of matching competitors' actions
• D)new regulatory Medicare mandates as a result of the Affordable Care Act legislation
• E)the mandate by its industry's code of ethics

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Definitions:

Top Management

Refers to the highest level of executives who are responsible for strategic decisions and overall operations in an organization.

Strategic HR Recruitment

The process of planning and acquiring talents in a way that aligns with organizational goals and strategy, ensuring the right people are hired for the right jobs at the right time.

Downsizing Employees

Reducing the number of employees through layoffs, often as a strategy to cut costs and improve efficiency.

Competencies

A rephrased definition: The combination of knowledge, skills, abilities, and behaviors that are required for effective performance in a job role.