Liability: The liability is the amount that is due to someone. It means you have full responsibility for a thing you promised to someone.
Lawsuits: When some one sue to another for not giving the amount, or by any other reason is called law suits
In the given scenario, for diversity in the workforce, the creativity, productivity, and satisfaction level is more important through which the employees can give their best due to which, the objective of an organization can be achieved in an efficient and effective manner.
The other two give a negative impact on the organization's reputation, so it will not be considered.
Over the next few years, many organizations will be collecting <u>vast </u>amounts of data on their employees ranging from engagement to well-being.
<h3>How is Big Data Collected?</h3>
Much of the big data that employees, persons, organizations generate come from three major sources:
Machine Data
Transactional Data
Social Data
Data collection and analysis provide insights that are useful for strategic decision-making. This is why organizations are looking to collect and analyze them.
From the exhibit, the lowest cost will be recorded when output is between Qa and Qb because these points represent the lowest costs per unit for Curves A and C and the lowest points where output can be produced. Output being produced at costs lower than this is therefore the lowest for the medium plant.
Self concept is expressed in a companie's mission and it is the perception one has of his goals, characteristics, behaviours, and abilities.
It is a picture of what we think we are. In a business self-concept is important because it dictates the way we act and think on a daily basis.
When comparing mission statement of rival forms it is beneficial to try and get insights into their self-concept, so that strategies to compete with them can be formulated.