The directors picked you. Advise them on the possible governance causes of such ethicalbehaviour by the employees of ABC Limited.
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The directors picked you. Advise them on the possible governance causes of such ethical
behaviour by the employees of ABC Limited.
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- Please explain right as well as wrong options (1) when rubberstamp productions, previously a small-time production house, grew in size, the first thing its cheif executive officer (CEO) did was establish a set og guildlines that detailed all priciples, standards, and procedures to be followed in the conpany's line of business. The CEO set specific standards on topics ranging from treatment of coworkers to protection of the environment to maintenance of financial records. this scenario illustrates that the CEO developed a a.) code of ethics b.) cognitive map c.) database of employee records b.) performance appraisal document (2) Rose found strong evidence that her supervisor was stealing confidential documents from the company. she immediately reported her manager's actions to the top management. Rose's action is an example of: a.) whistle-blowing b.) brainstorming c.) property deviance d.) personal aggressionExplain the factors affecting corporate governance performance and the company's financial decision-making in terms of board structure, benefits, management remuneration, internal and external audits, and public reporting / disclosure.Recommend the governance strategies the board of directors can put in place to remedy thesituation in the company.
- What do you believe the role of the corporation is? Do you agree or disagree with Milton Friedman’s view that “There is one and only one social responsibility of business,” the Nobel economist wrote in 1970: to “engage in activities designed to increase its profits.” Companies must obey the law. But beyond that, their job is to make money for shareholders. https://fortune.com/longform/business-roundtable-ceos-corporations-purpose/What role does corporate social responsibility play in Ben & Jerry’s business model? Should Ben and Jerry have continued to operate Ben and Jerry’s as an independent company, rather than selling it to Unilever? What were the pros and cons of going forward with the sale? How can Ben & Jerry’s justify the concept of a triple bottom line—profits, people, and planet—to company shareholders?In what ways has shareholder primacy undermined business ethics? Address this question by critically drawing upon the discussion concerning the influences and challenges of shareholder primacy to business ethics. Also, briefly outline the alternative approaches for corporations to undertake that would encourage more ethically responsible business practice, especially during the current challenging economic environment. The discussion should be supported by using relevant theories or frameworks and real business examples.
- 3. Steps of Stakeholder engagement and explain each one of them. 4. How to develop CSR commitments and enumerate the general steps of CSR commitments 5. What is the impact of business ethics to society in general? 6. Why is there a special need for Ethical Behavior by Professionals? 7. Explain whether the following statement is true or false. "Responsiveness usually results to effectiveness and efficiency". 8. Explain how business managers could act ethically 9. If you are a CEO, how can you handle politics within your organization?Suppose that managers of a corporation approve corporate donations to a charity in the local community. How might a stakeholder proponent analyze the ethics of this donation?. Your friend owns a kosher restaurant which means that the restaurant complies with Jewishdietary laws. Which business strategy is your friend’s company using