CHAPTER 4 CORPORATE GOVERNANCE AROUND THE WORLD SUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTER QUESTIONS AND PROBLEMS Questions 1. The majority of major corporations are franchised as public corporations. Discuss the key strength and weakness of the ‘public corporation’. When do you think the public corporation as an organizational form is unsuitable? Answer: The key strength of the public corporation lies in that it allows for efficient risk sharing among investors. As a
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3.3.3 Individual assignment 3: case: “Unreliable”Table of contents: Phase 1‚2‚3 of the ethical cycle: Moral problem statement Problem analysis Options for action Phase 4 of the ethical cycle: Intuition Utilitarianism Bentham Mill Kantiism Deontology (Kant) Description of the case: “Marta Malasobras is unreliable” Marta Malasobras is unreliable. She has arrived late to work almost every day. Her co-workers are quite angry about this and discuss their
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familiar‚ here ’s the idea: At 211 degrees...water is hot. At 212 degrees...it boils. And with boiling water‚ comes steam. And steam can power a locomotive. And‚ it ’s that one extra degree that... Makes all the difference. So many times‚ in business and in life‚ it ’s that one extra degree of effort that separates the good from the great. What I love about the 212° idea is that you can use it to fit your own needs. It may be 212° service that you ’d like to reinforce‚ or 212° attitude‚ leadership
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Business Ethics Gender Discrimination The evolving role of women in the workplace is not readily accepted in society. Despite the illegality of gender discrimination‚ women are being discriminated against in hiring practices‚ advancement opportunities‚ and income in the workplace. In the case study given to us‚ we were asked to suggest best possible ways to control or eliminate gender discrimination. To begin with we started to root causes of discrimination‚ most commonly known to us. One of
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Professor Kathleen Davis BA 3102 4 March 2013 Analysis Paper #1- Management Case 2: Short Shorts In Don’s situation‚ he Don is in a difficult position because he is responsible for implementing the policies and procedures made by Fred for his business‚ possibly even if he agrees with them or notregardless of whether or not Don agrees with them. Depending on how badly he needs the job‚ Don has the choice to leave if he doesn’t agree with The Sandtrap’s policies. However‚ for simplicity’s sake‚
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the company and in the following part‚ we will indicate more on the ethical and unethical issues with the example of Sanlu Group. 1.2 Ethical and unethical issues Business ethics is defined as the study of moral and social responsibility in relation to business practices and decision-making in business. In other word‚ ethics is conforming to the standards of behavior that widely accepted by the social. Ethical behavior can base on three areas in making managerial decision. First‚ choose about
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or ‘right’ answer” (Ghillyer‚ 2008‚ p9). In other words‚ it is difficult to offer a specific answer of whether homosexual relationship should be accepted. For this essay‚ I will utilize Ghillyer’s (2008) three-step process to analyze and solve this ethic problem. 2. Consequences 2.1. Social Exclusion Actually‚ it is difficult to deny that homosexual suffer the social exclusion in the recent world. Silver (2007) defined social exclusion as “a multidimensional process of progressive social rupture
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Sabeel Rehman Business Ethics 10/12/13 Case Study What are the ethical and legal issues at stake in this scenario? A: Karl has to deal with some ethical and possibly legal issues in the marketing of his game “Breakaway”. It is an issue ethically simply because he himself has to find out it is suitable to market a game that primarily gives its focus on nudity‚ violence‚ and gambling. When it comes to legal issues‚ is it legal to market these things in foreign countries and on the Internet
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to enter the business. The goods and services are similar to the ones that the competing firms offer and there is no control over the price by the individual firms. Examples of goods and services are chewing gum‚ water‚ apple‚ etc. 2. Monopoly is a type of competition that doesn’t really have any competitors because it is firms that are regulated by the government. The MTA is a good example‚ because you cannot compete with that they are single sellers that have these businesses. 3. Oligopoly has
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global environment continuously undergoes rapid changes‚ enterprises experience ethical meltdowns‚ and organizations face a multitude of challenging and turbulent problems. It is therefore increasingly evident that enterprises need a new kind of business leader in this‚ the 21st century (George‚ Sims‚ McLean‚ & Mayer‚ 2007). Specifically‚ organizations need leaders who lead with purpose‚ have strong values and integrity‚ who are able to create enduring organizations‚ and who motivate their employees
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