Jamila, the top manager of a large bank, relayed to her staff that the bank's goal was to create higher profits and greater efficiency. This will fulfill their corporate social responsibility (CSR). FALSE
Efficiency is the often measurable ability to avoid wasting material, energy, effort, money, and time to do something or achieve a desired result. More generally, it is the ability to do things well and successfully without corporate funding, in relation to a large company or a particular large company. Interest rates are higher for corporate customers than for individual customers. The economy is growing and corporate profits are increasing. Company means relating to a large company or a specific large company.
The corporation is a business entity owned by shareholders who elect a board of directors that oversees the activities of the organization. A company is responsible for its actions and finances, but its shareholders are not.
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