Core Purpose Defines the Reason an Organization Exists

question 29

True/False

Core purpose defines the reason an organization exists.

Understand the role of equity, social exchange, and reciprocity norms in relationships.

Comprehend the influence of physical attractiveness on social treatment and perceptions.

Explore the causes and implications of aggression and how it is manifested.

Understand the detrimental impacts of stereotypes on workplace diversity, including gender, ethnic, and LGBTQ+ stereotypes.

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Definitions:

Moral Minimum

The concept that businesses should at least avoid causing harm and engage in ethical behavior that meets a basic level of moral conduct.

Triple Bottom Line

The Triple Bottom Line refers to a framework that evaluates a company's performance based on three factors: social, environmental, and financial.

Corporate Social Responsibility

Business practices involving initiatives that benefit society and the environment beyond profit-seeking motives.

Officers

In the context of corporations, officers are high-ranking individuals appointed to manage the day-to-day operations and make executive decisions on behalf of the company.