Question

When managing for competitive advantage, the first "law" of business is "take care of the employees."

1) True
2) False

Answer 1

The first 'law' of business is 'take care of the employees' is true. By nurturing and supporting their employees, businesses can gain a competitive advantage.

Step-by-step explanation:

The statement that the first 'law' of business is 'take care of the employees' is True. When managing for competitive advantage, businesses recognize that employees play a crucial role in their success. By taking care of their employees, businesses can improve employee satisfaction, productivity, and loyalty, ultimately leading to a competitive advantage.