Abbreviations in Professional Settings
🔘CEO – Chief Executive Officer: the highest-ranking executive in a company, responsible for overall management and decision-making.
🔘CFO – Chief Financial Officer: oversees the financial operations and planning of an organization.
🔘COO – Chief Operating Officer: responsible for the day-to-day operations of a company.
🔘VP – Vice President: a senior executive who may oversee specific departments or business functions.
🔘PM – Project Manager: oversees the planning, execution, and completion of projects.
🔘PA – Personal Assistant: provides administrative support to an individual or executive.
🔘MD – Managing Director: in charge of managing the day-to-day operations of a company, especially in Europe.

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📉 However, affirmative action policies can lead to discrimination of candidates from the majority groups. Moreover, such hiring practices can negatively influence company's performance.

🎮 For example, Ubisoft, a major videogame developer, lost 83% of its market value because of putting too much emphasis on diversity. The company hired women and members of sexual and racial minorities, discriminating against more qualified male candidates, which led to poor productivity and financial loss.

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