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Luis,a human resource executive,is meeting with the executive team to discuss the need to fill a soon-to-be vacant position for vice president of the company's Medical Devices Division.Normally,he posts vacancies on the company's website,but he encourages the team to allocate funds to hire an executive search firm (ESF) for filling this position.Which statement best supports Luis's recommendation?
Corporate Social Responsibility
A business model that helps a company be socially accountable—to itself, its stakeholders, and the public.
Norms of Business
The accepted standards and practices that guide behavior in the business world.
Government Takeover
The acquisition of control over a company or sector by the government, potentially involving nationalization or requisition of private assets.
Per-Unit Costs
The expense incurred to produce, acquire, or sell one unit of a product or service, used in calculating profitability and pricing strategies.
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