Case QuestionsDo you think evidence-based management seems likecommon sense? If so, why wasn't it advocated earlier?1.at2.Are there circumstances in which evidence-based man-agement might not be the best approach?Could automated evidence-based management everreplace human decision makers? Why or why not?Would you want to work under Jack Welch's system atGeneral Electric? Why or why not?3.ust4.

Q)1) Do you think evidence-based management seems like common sense? ANS:- Evidence-Based Management…

Answered: Case Questions Do you think…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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19) According to agency theory, managers might: a) Spend stockholder money for their own comports b) Expand the business to increase their own power c) Look out for stockholder interests d) A and B e) A and B and C
Read the given case carefully and answer the questions below Nawal just graduated from IIM., Bangalore and joined his father’s new business, which employed 28 semi-skilled workers. After a week, his father, a retired government officer, called him and said, "Nawal, I have had a chance to observe your working with the men and women for the past few days. Although I hate to, I must say something. You are just too nice to people. I know they taught you human relations stuff at the IIM., but it just does not work here. I remember when the Hawthorne studies were first reported, everyone in the academic field got excited about them. But, believe me, there is more to managing people than just being nice to them." Questions Do you think Nawal's father understood and interpreted the Hawthorne studies correctly? If you were Nawal what would your reaction be to your father's comments?
2. Putting yourself in the shoes of a manager, which of the four justice dimensions (distributive, procedural, interpersonal, informational) would you find most difficult to maximize? Which would be the easiest to maximize? Why?
61) John has found a way to get access to his school’s grading database. He determines that he can change his own grades to a higher level without getting caught. He decides not to because he feels this would not be right if everyone did this so it is not right that he alone should do it. The ethical principle best described by this scenario is A) the golden rule. B) the Immanuel Kant’s categorical imperative. C) the utilitarian principle. D) the risk aversion principle 62) Ben has found a way to get access to his school’s grading database. He determines that he can change his own grades to a higher level without getting caught. He decides not to because he feels he needs to choose between earning a grades or a lesser value choice of stealing a grade or getting something for nothing. He will choose the higher value choice and not changing the grade. The ethical principle best described by this scenario is A) the golden rule. B) the Immanuel Kant’s categorical…
For this assignment, you are expected to demonstrate an analytical knowledge and critical understanding of different ethical perspectives, including ethical business objectives. In doing so, you are required to find and present three crucial ethical issues that have been faced by actual organizations through the years (such as equality at the workplace, racial and sexual harassment, corporate sustainability, corporate governance, corporate citizenship, environmental sustainability and/or globalization) and explain why it is essential for a management team to handle them.

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