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Taking a Stand means that
a. Depending on business needs compromises are made
b Management has the authority to turn a blind eye to certain inconsistent practices
C Letting go of a large customer if that customer is attempting to influence the company to act in a wrong and unethical way
d. Allowing teams to focus on customer acquisition to increase their business footprint without any
repercussions
Step by step
Solved in 3 steps
- Identify the factor that is to be considered in ethical decision making in a company. a. All options are correct b. Commitment c. Consciousness d. CompetencyWhich among the following is one of the advantages of the McKinsey 7S model 1-It is considered a long-term model 2-With the changing nature of businesses, it remains to be seen how the model will adapt. 3-It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 4-It is considered a longstanding theory, with numerous organizations adopting the model over time.Which of the following two are the primary causes for managers failing to behave in the best interest of shareholders? chose all that apply Insufficient compensation The principle-agent problem Bias in their decision-making process Managers are ill-informed
- You own a company that makes after-market accessories for vehicles. You have 75 employees split in two facilities: one in Denver and one in Baltimore. The facility supervisor in Baltimore has abruptly quit to follow his wife on an overseas government appointment. You hired a former colleague who has everything needed to step in and take over the operation successfully. However, as the only woman at that site, she has been facing serious resistance to change since beginning three weeks ago. List the reasons why you think she is experiencing such resistance to change then explain how you would work to overcome this resistance with the 32 employees in that building. (please cite references)D3) Discuss why remuneration is recognized as an important governance issue and the role of shareholders in monitoring it.Kimberly says that shee needs to hold a Code of Ethics workshop for her team. What is a Code of Ethics? Multiple Choice 1. an internal process for promoting ethical and legal behavior 2. an internal incentive program for boosting sales 3. a marketing plan to launch a company into new technologies 4. a point of sale system
- The second step in the decision- 2 points making process is to: Determine the facts of the situation Identify the stakeholders affected by the situation O Identify the ethical issue O Monitor and learn from the outcome1) This is a multiple answer type of question. So, please select all the options from the bellow listed ones that are correct. As the environmental uncertainty increases, the following things become very important for a firm: Increased collaboration, faster exchange of information & knowledge to respond quickly to environmental changes is crucial Organizations do not need any extra efforts to bring in more information about the environment Continuous and ongoing scanning and evaluation of the environment becomes vital More information about the environment and resources are needed 2) Employees in a boundary-spanning role (called "Boundary Spanners") provide the firm with information about what is going on in the external environment by linking the firm to the environment True False 3) An unstable environment is one in which the number of external elements of the environment that lie in the firm's domain is very large. That means many…help ! all of the following increase the likelihood that an employee will see the ethical dimension of a decision, except which ? 1. seeing potential harm to others 2.employees getting regular etjics trainings 3.when an employee belives peers are likely to see an issue as ethical 4.when an issue is framed using euphemistic language
- DONUT DAY AT THE OFFICE Part 5 Derek: We need someone we can trust who can divide up the donuts. One set of rules and what we've done in the past can't always be applied here. If we had an impartial judge or two in the mix, someone who doesn't like donuts perhaps, they could take into account all of the changing factors impacting our donut sphere and make up rules that will bring glazed-happiness to all who they think need it. End Part 5 Legal realism school of thought. Irrational forces perspective. Sociological school of thought. Critical legal studies school of thought.Below are the 5 factors do we need to consider in order to choose the right form for our business. Explain how each one affects our decision on which form to use. (one sentence each)In your own words Transferability Liability Control Continuity TaxationAccording to the text, evidence suggests that companies often find it difficult to identify new: Group of answer choices Liabilities Suppliers Shareholders Competitors