Explanation:
The statement is true.
Corporate responsibility is a concept that is no longer justified merely as a means for companies to exercise altruism, but rather as a means of achieving competitive advantage.
The concept emerged in the 70's as a means that companies should also act as transformers of society, that is, they should actively contribute to the reduction of ethical, legal, social and environmental problems, in order to adopt positive posture and actions. and beneficial to society.
In the information age, the relationship of the individual with organizations has evolved, and society is more charged for companies to exercise corporate governance, based on transparency and ethical and legal principles.
It must be performed at all organizational levels, and understand the external organizational environment, in compliance with legal and ethical standards.
The benefits from the practice of corporate responsibility are many, and exert strategic character that translate into competitive advantages, the company's image is strengthened, the perception of stakeholders increases, there is increased investment in the company, the compliance of organizational practices lead to improvement. continuous and others.
Answer:
The correct answer is letter "A": an economic downturn that persists for more than two consecutive quarters of the year.
Explanation:
Recessions are economic downturns in an economy characterized by the fall growth for more than two consecutive quarters. The most important indicator that determines the economic downturn is the real Gross Domestic Product (GDP). The National Bureau of Economic Research (NBER) is the entity in charge of calling the recession.
Option C
Costly to imitate criteria for sustainable competitive advantage
<h3><u>
Explanation:</u></h3>
Sustainable competitive advantages are business assets, properties, or skills that are hard to replicate or exceed; and render a higher or complimentary long term situation over competitors. A company must produce distinct goals, plans, and methods to create a sustainable competitive advantage.
It needs huge expenditure in time and money to create a brand. It demands very limitedly to destroy it. A good brand is precious because it prompts customers to favor the brand over competitors. A unique product or service increases customer support and is less suitable for a competitor to imitate.
Answer:
The dos and donts in excersing active listening
Explanation:
Active listening helps someone understand what the party is trying to say, even if the message is unclear or ambiguous. As a practice manager, the following actions will enhance or undermine active listening.
<u>The Do's</u>
- Nod in agreement
- Maintain eye contact
- Offer positive reinforcement with phrases such as 'yes,' ' great' or 'indeed.'
- Positive body posture such as facing the speaker and smiling
- Ask relevant questions
- Seek clarification
<u>The Don't s</u>
- Avoid noise: switch off audio devices such as radio, computers while listening.
- Do not interrupt or cut off the speaker.
- Avoid receiver biases. Keep an open mind, and don't judge the speaker's message before its communicated.
- Avoid listener's appreciation: Don't fear that you might not understand the speaker's message.
- Keep off distractions such as picking phone calls and reading.
