Organization Z Is Planning a Formal Process of Examining Its

question 62

Multiple Choice

Organization Z is planning a formal process of examining its workforce in terms of religion, personality, lifestyle, and education. The company plans to gain a strategic advantage by harnessing the differences that exist within the organization. What is Organization Z planning to do?

• A) implement an employment equity program
• B) implement a pay equity program
• C) initiate a cultural assessment
• D) employ diversity management

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Definitions:

Terms Of Sale

Conditions agreed upon by the buyer and seller regarding the purchase, sale, and delivery of goods or services.

Credit

The provision of resources (such as money) by one party to another, with the expectation that the resources will be repaid, often with interest, at a later date.

Net 45

A payment term indicating that full payment is expected within 45 days from the invoice date.

Economic Order Quantity

A formula used to determine the most efficient quantity to order to minimize the costs associated with buying, holding and stockout.