Why do companies issue press releases when executives depart that indicate the executives are leaving to spend more time with their families? What are the ethical issues in issuing such statements if they are not true?
The companies issue the family-time statements to avoid further questions about the real reasons for departure. Such statements help the company to avoid further scrutiny of issues that might or have affected financial performance. However, if the executive leaves and does not in fact spend more time with family the result is that both the company's and the individual executive's credibility are compromised. Those affected by the false impression are the shareholders, the company, the individual executive, the executive's family, the new organization that the executive joins after leaving, and the public relations department, officer, and/or company responsible for the release of the family-time statement.
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a. perishability and storage needs b. maintaining a proper assortment c. profitability d. opportunities to maximize sales
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A. implementation B. brainstorming C. situation analysis D. control E. planning
Kian is the chief financial officer of Yonkka, Inc He is also a member of Yonkka's board of directors. Kian is
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