Under stakeholder theory, a decision with ethical consequences would consider the impact to which stakeholder? a. Shareholders b. Customers Oc. The local community where the business is located d. All of the above
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- Which are advantages of sole proprietorship? (Check all that apply) Profits go to the owner Unlimited liability Unstable business life Direct control of the business Personal time commitmentWhich of the following is a normative argument for why firms should behave ethically? a. To meet the firm's legal obligations b. To increase the firm's profitability c. To ensure that the firm does no harm d. To honor the demands of the firm's stakeholders e. To create a competitive advantage in the firm's marketDo ethics get in the way of success in sales? Why or why not? Give an example. Answer must be least a paragraph long
- Need argument 1 and 2 to be donehi solve 1 , 2 and 33 Generally (new question, forget Jim), why might you come out better if you hire a brokerage firm to sell your home than sell it yourself? Mention associated costs that must be considered. 3. You are considering hiring a broker to sell your house. You are not sure if your broker is going to represent just you or also represents buyers of your property. What are two steps you should take to protect yourself? To aid you, this information is discussed on page 312 under “Transaction Brokers” in the Law of Agency section of Chapter 12.
- How can a proxy contest be used to overcome a capturedboard? (Select all of the choices that apply.) A. Proxy contests are simply contested elections for directors. In a proxy contest, there are two competing slates of directors rather than just one slate proposed by the company. B. If a board has become captured or unresponsive to shareholderdemands, shareholders can put their own slate of new directors up for election. C. If the dissident slate wins, then the CEO will have succeeded in placing new directors, presumably not beholden to the CEO, on the board. D. If the dissident slate wins, then shareholders will have succeeded in placing new directors, presumably not beholden to the CEO, on the board. E.If a board has become captured or unresponsive to shareholderdemands, the CEO can put a slate of new directors up for election.Ethics require: Select one: a. Knowledge of moral principles. b. Skill in applying moral principles. c. The development of virtues within the individual. d. All of the given answers are required in the application of ethics.Which of the following would be considered 'voting power' when talking about stakeholder power. A. A shareholders right to cast a legitimate vote proportionate to the percentage of stock they own. B. Suppliers witholding or refusing to fill orders. C. Citizens voting for candidates that support their views D. Access to valuable data, facts, or details and being able to bring attention to that information.