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Unilever
Unilever has operations in 150 countries. Recently, Unilever took 100 of these top managers on a jungle retreat to Costa Rica. To the dismay of Unilever's chair, there were no women in the group. Upon investigation, he learned that only one woman had even been invited. As the retreat progressed, its participants commented on the richness of diversity in nature and how everything needs diversity to grow. These comments caused Unilever's chair to establish an executive committee to examine practical ways to overcome barriers to women's promotion. They decided to avoid setting numerical targets because they encourage positive discrimination and instead examined recruitment and promotion practices.
-Refer to Unilever. A need to be concerned about ____________diversity was revealed by the retreat in Costa Rica.
Residual Value
The estimated value that an asset will realize upon its sale at the end of its useful life.
Straight-Line Depreciation
A method of calculating the depreciation of an asset, distributing its cost evenly across its useful life.
Depreciable Cost
The cost of a fixed asset minus its estimated salvage value, which is the basis for calculating depreciation expense.
Useful Life
The expected period over which an asset is anticipated to be useful and productive for its intended purpose.
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