Codes of conduct help employees from diverse backgrounds to work more effectively across cultural backgrounds.
Answer the following statement true (T) or false (F)
True
Corporate credos and codes of conduct are mechanisms that provide statements of norms and beliefs, as well as guidelines for decision making. They provide employees with a clear understanding of the organization policies and ethical position. Such guidelines also provide the basis for employees to refuse to commit unethical acts and help to make them aware of issues before they are faced with the situation.
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Brawn Co has a $20,000, two-year note payable to Gassaway City Bank that matures June 30, 2014 . Brawn's management intends to refinance the note for an additional three years and is negotiating a financing agreement with Gassaway City. In order to exclude this note from current liabilities on its December 31 . 2013 . balance sheet, Brawn Co must
a. pay off the note and complete the refinancing before the 2013 financial statements are issued. b. complete the refinancing before the note's maturity date. c. complete the refinancing before the balance sheet date. d. demonstrate an ability to refinance the obligation before the 2013 financial statements are issued.
________ is a clause in a contract in which the parties specify certain events that will excuse nonperformance
A) Approval clause B) Express condition C) Force majeure D) Implied-in-fact condition
There are two types of management by exception, called
a. management by exception—favoritism; management by exception—rule-based b. management by exception—favoritism; management by exception—reason-based c. management by exception—active; management by exception—passive d. management by exception—routine decision-making; management by exception—non-programmed decisions
____ is a precondition for job enrichment.
a. Job description b. Job sharing c. Job rotation d. Job enlargement