Elizabeth had argued to start a project, and wanted to keep working on it despite recent evidence that it would certainly be unsuccessful. Elizabeth’s ______ caused her to refuse to quit.

What will be an ideal response?


escalation of commitment

Business

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Imagine that you manage a high-volume electronics store, Electricity, Inc. Each of the salespeople has a very ambitious monthly sales goal; for the store to meet its overall goal, all of the salespeople need to meet their individual goals. Apply each of the four keys to a successful control system to Electricity, Inc., explaining how you would implement an effective control system

What will be an ideal response?

Business

Which of the following is an alternative when original documents are too voluminous to permit careful examination?

a. A photocopy of the original document will suffice. b. It will have to be excluded from usage as evidence. c. A summary of its contents is acceptable. d. There are no alternatives. The original has to be produced.

Business

According to your text, what is meant by good corporate leadership as a key element in developing a successful corporate social responsibility (CSR) program?

A. The emphasis in business thinking has shifted from people to process; leaders must understand the process of developing a CSR program in order to implement it. B. Leaders who can thoughtfully balance the four dimensions of CSR and communicate their intentions accordingly generally succeed at implementing socially responsible behaviors. C. The firm's leaders should seek significant interaction with the stakeholders who influence the decisions and behavior of the company. D. CSR policies and procedures are most useful when they are written down, well understood, and endorsed by the company's leaders. E. Leaders are most effective when they remove themselves from the process of developing a CSR program, leaving it instead to the people who must implement the program on a daily basis.

Business

Creating an ethical framework and developing organizational capabilities to make it operational is the responsibility of

A. shareholders. B. leadership. C. employees. D. the law.

Business