What is a code of conduct? What is its role within an organization?
What will be an ideal response?
A code of conduct is a set of statements or principles designed by an organization to aid in the process of decision making. The code has the potential to both enhance corporate reputation and provide concrete guidance for internal decision making, thus creating a built-in risk management system. By establishing the core tenets on which a company is built, corporate leadership is effectively laying down the law with regard to the basis and objectives for all future decisions.
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Production estimates for July are as follows: Estimated inventory (units), July 1 8,500 Desired inventory (units), July 31 10,500 Expected sales volume (units), July 76,000 For each unit produced, the direct materials requirements are as follows: Direct material A ($5 per lb.) 3 lbs. Direct material B ($18 per lb.) 1/2 lb. The number of pounds of materials A and B required for July production is:
A) 216,000 lbs. of A; 36,000 lbs. of B B) 216,000 lbs. of A; 72,000 lbs. of B C) 234,000 lbs. of A; 39,000 lbs. of B D) 225,000 lbs. of A; 37,500 lbs. of B
Federal administrative agencies are created by ________
A) the U.S. President B) the U.S. Congress C) the U.S. people D) the U.S. judiciary
In order to form a sole proprietorship, the owner must:
A) Register with the Internal Revenue Service. B) Register with the secretary of state, but no separate approval is required. C) Apply to the secretary of state and wait for approval. D) Execute a sole proprietorship agreement. E) None of the above
How do results-only-work-environments differ from output controls that depend on extrinsic motivation?
What will be an ideal response?