QUESTION 6 (20 Marks) Discuss benefits of corporate governance and discuss how you would implement ethical decision-making process at your organisation.
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A: Rerences:Njini, F. (2019). Sibanye is Now the World's No. 1 Platinum Miner. Bloomberg.
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- Question 3: To effectively utilize organizational resources organization must indulge in risk management. You have to go beyond the definitions and critically evaluate how each element of risk management contributes to effective decision making.Q1: There is the possibility of conflicts between stockholders and management in a large corporation. We called these conflicts agency problems and discussed how they might be controlled and reduced.Question 2: Explain rational approach to decision making. Do you think that managers could always be rational in making decisions? Why?
- A key element of effective decision-making is to consider both _______ and quantitative factors. Question 3 options: qualitative advanced-quantitative historical dataQuestion 1: In what particular situation where a manager needs to evaluate alternative courses of action to come up with a decision?Question 31 When a firm operates in multiple geographic markets simultaneously it is said to be implementing a product diversification strategy. OA) True B) False Question 32 Multipoint competition exists when two or more diversified firms simultaneously compete in multiple markets, and multipoint competition can serve to facilitate a particular type of tacit collusion called mutual forbearance. A) True B) False Question 33 Institutional owners are usually pension funds, mutual funds, insurance companies, or other groups of investors that have joined together to manage their investments. OA) True B) False
- QUESTION 12 A restaurant chain is hyper concerned about products in its supply chain that could be contaminated. The company's CEO has hired a team to manage supply chain risk. The purchasing unit is given the objective of minimizing costs. The supply chain managers and purchasing managers have potentially conficting objectives. True False QUESTION 13 If managers seek to implement an enterprise risk management system, they will become more effective managers because they will learn about the vulnerabilities of the company they are managing. True False QUESTION 14 A book publisher tries to publish 100 tities each year from 100 different authors. The books are evenly split befween fiction and non-fiction. This is an example of using diversification to manage business risk. True FalseQuestion 1. 1. (TCO A) Describe a global present daybusiness that has been under pressure to perform better due to competition fromcompetitors and has transformed successfully using information systems as thekey driver or component. Question 2. 2. (TCO B) Describe the decision-making processand how good information systems support business intelligence and businessanalytics. Use a present day organization, and discuss the businessintelligence and analytics used by the organization. Question 3. 3. (TCO C) Evaluate the tools, technology, andtrends that make databases useful to corporations. Provide an example of acorporate database and how your tools and technology would be used in the organizationof your choice. Question 4. 4. (TCO D) An organization wants you to overhaulits connectivity both domestic and abroad. Describe in detail how you wouldapproach topics, such as infrastructure, what topology, communication,wireless, and security. Question 5. 5. (TCO E) Describe a present day…Norms are Question 6 options: laws set down by the government that affect the way nongovernmental organizations function. formalized codes of conduct that govern the behavior of employees in corporate organizations. ever-changing rules that govern the daily activities of organizations. standards for personal excellence set by people with a high need for achievement. unwritten codes of conduct considered important by most members of a group.
- Question 4 are those ethical principles that we live by and believe. These are important blueprints of our behavior, which we abide by daily, and are influenced by our society, or by certain ethical universals. Norms (B) Moral standards c) Morality D) Ethics 415- Salman extends the delivery of goods to buyers for one week due to the lockdown. What type of decision is Salman making? a. strategic decision b. major decision c. long-term decision d. operational decisionQuestion 13 Iogo is changing their package designs. What kind of decision-making are they doing? a) strategic decision-making b) tactical decision-making c) planning decision-making d) short-term decision-making
