Megan is a graduate student pursuing a course in business. Presented with the case of a company's unethical behavior, Megan wonders if the company's board of directors should ask the CEO to step down. Having a strong belief in Michael Porter's idea of value creation, Megan is most likely to conclude that company's board of directors
A. should not ask the CEO to step down because doing so would cause a profit dip that would affect its shareholders.
B. should ask the CEO to step down because agents, unlike principals, are disposable.
C. should ask the CEO to step down because it has a greater obligation toward society.
D. should not ask the CEO to step down because he was responsible for an almost 90 percent appreciation of the company's stock.
Answer: C
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A manager who is a perfectionist tends to look for perfection in subordinates.
Answer the following statement true (T) or false (F)
Quinn is asking questions about employees’ knowledge, experience, education, skills, and training to do a particular task without direction. Quinn is examining the ______ aspect of employee capability.
A. ability B. motivation C. culture D. interaction
In international markets, a firm can sell its management and marketing know-how while letting locals own the production and distribution facilities by using
A. joint venturing. B. exporting. C. management contracting. D. licensing. E. direct investment.
All of the following are reasons to avoid payday loans except
A) the cost of financing with a payday loan is exorbitant. B) you don't want to pay interest on your credit card that charges an annual rate of 18%. C) you may still not have sufficient cash after covering the loan. D) the use of payday loans can create a continual cycle of borrowing.