Is employee misbehavior costly? Explain.
What will be an ideal response?
The potential costs of employee misbehavior to individuals, groups, organizations and other societal groups can be substantial. For example, the financial costs of the Enron debacle to employees (lost pensions), executives (imprisonment, lost careers), the community (Houston's economic and business infrastructure), and society (legal expenses) have not yet been calculated. 14 However, losses will reach billions of dollars. In addition to the financial costs of the Enron and other similar cases are substantial social costs (premature illness, depression, suicide, family instability). Are managers responsible for these costs? Some believe that managers have been given a "free ride" in the social cost responsibility area.
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Which of the following is true of the demand conditions described in Porter's diamond model?
A) Early market saturation puts extreme pressure on a company to expand, which leads to inappropriate establishment in foreign countries that destabilize the company. B) Early home demand fails to anticipate international demand and hence gives foreign rivals the advantage of getting established in an industry sooner than local firms. C) Slow home-market growth is an incentive for companies to invest in and adopt new technologies, and to build large, efficient facilities. D) The size and pattern of growth of home demand are important only if the composition of the home demand is sophisticated and anticipates foreign demand.
This question contains two parts; be sure to answer both. First, define learning organization and summarize the three parts of a learning organization. Next, imagine that you are a publisher of fiction, and your publishing house considers itself a learning organization. Give an example of how your publishing house might implement each of the three parts of a learning organization.
What will be an ideal response?
To obtain a slightly more accurate measure of net income, Gabrielli, Inc, has determined that it must hire two full-time accountants. If it decides against the hiring, it has followed the convention of
a. full disclosure. b. materiality. c. comparability. d. cost-benefit.
Erica's supervisor told her to arrange for a conference room at the Kelly Inn. Erica has express authority to contract for the room
a. True b. False Indicate whether the statement is true or false