Answer the following statements true (T) or false (F)
1. When unions are weak, a willingness to cooperate with management will probably be a very effective way to increase efficiency, equity and voice.
2. In the shareholder model of corporate governance, shareholder satisfaction should be the primary concern of a company.
3. Strong, institutionally secure unions are more likely to engage in militant, adversarial and potentially violent acts than weak, insecure unions.
4. A utilitarian and libertarianism ethics point of view is likely to see business' sole concern as profit generation rather than maximizing stakeholder interests
5. The view that the primary concern of business should be to maximize shareholder wealth is rooted in the belief that property rights should take precedence over other types of rights (e.g., human rights).
1. FALSE
2. FALSE
3. FALSE
4. TRUE
5. TRUE
You might also like to view...
A person could be medically insane but still have the legal capacity to contract.
Answer the following statement true (T) or false (F)
Which of the following is NOT a step in the report preparation and presentation process?
A) questionnaire design B) data analysis C) oral presentation D) research follow-up E) interpretations, conclusions, and recommendations
The challenge of hospitality is best explained as ______.
a. getting employees to smile at all guests b. finding employees with good experience in hospitality c. ensuring that employees always offer the high level of service the guest wants and expects every time, perfectly d. providing a good product regardless of the setting or the service delivery system
The historical development of the supra-national regional bloc now known as the European Union began with which of the following:
a. European Social Market b. European Common Market c. European Coal and Steel Community d. European Monetary Union