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Which of the Following Statements Is True

question 23

Multiple Choice

Which of the following statements is true?


Definitions:

ILO

The International Labour Organization, a UN agency that sets international labor standards and promotes rights at work, including encouraging decent employment opportunities and enhancing social protection.

Labor Standards

Regulations and norms that determine the minimal acceptable conditions for workers' rights, wages, hours, and working conditions.

Core Labor Standards

A set of principles related to workers' rights that are universally recognized and promoted, including prohibition of child labor, forced labor, discrimination, and the encouragement of collective bargaining.

Shareholder Value

A business approach focused on increasing the long-term value of a company for its shareholders, often measured by stock price appreciation and dividends.

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