Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
expand_more
expand_more
format_list_bulleted
Textbook Question
Chapter 12.6, Problem 3CC
What is the access-and-legitimacy perspective? Differentiate it from the discrimination-and-fairness perspective.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
6 strategies to encourage a risk aware culture in the workplace
3. Critically examine the importance of organisational culture in embedding risk management
principles in a business. Suggest strategies to strengthen a risk-aware culture.
(20 marks)
1. Discuss how the application of PESTEL analysis can assist small businesses in identifying
and managing external risks. Provide examples from at least three PESTEL categories.
(20 marks)
Chapter 12 Solutions
Principles of Management
Ch. 12.1 - What is diversity?Ch. 12.1 - What are the three types of diversity encountered...Ch. 12.2 - What are some efforts companies in the sharing...Ch. 12.2 - Should Airbnb be held responsible for...Ch. 12.2 - Should all companies use blind recruiting in place...Ch. 12.2 - If blind recruiting helps eliminate bias during...Ch. 12.2 - How does blind recruiting help organizations? How...Ch. 12.2 - How is diversity defined in relation to the...Ch. 12.2 - What are the components that make up a diverse...Ch. 12.3 - What are the challenges and opportunities that...
Ch. 12.3 - What are the responsibilities of human resources...Ch. 12.3 - Can diversity be a strategic advantage to...Ch. 12.4 - What is the role of the EEOC?Ch. 12.4 - What are the types of discrimination encountered...Ch. 12.5 - What are the theories that can help managers...Ch. 12.6 - How can managers reap the benefits of diversity?Ch. 12.6 - How can managers mitigate the challenges of...Ch. 12.6 - What is the access-and-legitimacy perspective?...Ch. 12.7 - Why do you believe diversity training is resisted...Ch. 12.7 - Do you believe there will always be a need for...Ch. 12.7 - How would you determine what types of diversity...Ch. 12.7 - How can managers ensure fairness in the...Ch. 12.7 - What is the role of leadership regarding...Ch. 12 - Define the three types of diversity and compare...Ch. 12 - How are demographics of the workforce changing?Ch. 12 - What are some major challenges that women face in...Ch. 12 - What is the model minority myth? How does it...Ch. 12 - What are some benefits of hiring older workers?Ch. 12 - Why would an employee pass or reveal at work? What...Ch. 12 - Explain the six benefits of workplace diversity...Ch. 12 - Compare how the cognitive diversity hypothesis and...Ch. 12 - Based on the justification-suppression model,...Ch. 12 - Describe challenges that managers must face when...Ch. 12 - How can employees ensure they are compliant with...Ch. 12 - What are some recommendations for managing...Ch. 12 - Based on Coxs business case for diversity, what...Ch. 12 - Under what form of federal legislation was Fowler...Ch. 12 - What strategies should have been put in place to...
Additional Business Textbook Solutions
Find more solutions based on key concepts
Sales Taxes Payable. Eaton Technology operates retail stores throughout the Instate area The companys sales are...
Intermediate Accounting (2nd Edition)
5. Which inventory costing method results in the lowest net income during a period of rising inventory costs?
W...
Horngren's Financial & Managerial Accounting, The Financial Chapters (Book & Access Card)
To what does the lifetime value of the customer refer, and how is it calculated?
MARKETING:REAL PEOPLE,REAL CHOICES
(PI calculation) Calculate the PI given the following free cash flows if the appropriate required rate of retur...
Foundations Of Finance
The reason behind the expected return of a risky security that generally differs from the risk-free interest ra...
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
11-13. Discuss how your team is going to identify the existing competitors in your chosen market. Based on the ...
Business Essentials (12th Edition) (What's New in Intro to Business)
Knowledge Booster
Similar questions
- . Mention four early warning indicators that a business may be at risk.arrow_forward5. A risk that has both a high impact and high probability is referred to as A. Negligible B. Moderate C. Low D. Extreme 6. A business continuity plan is mainly used to_ A. Increase profits B. Handle daily tasks C. Prepare for disruptions D. Advertise services 7. What is the role of a risk owner? A. To finance the risk B. To monitor and manage a specific risk C. To create risks D. To avoid planning 8. Early warning indicators help businesses to A. Avoid legal actions B. Grow rapidly C. Detect potential risks D. Hire employees 9. A hazard-based risk includes A. Political instability B. Ergonomic issues C. Market demand D. Taxation changesarrow_forward1. What is the primary purpose of risk management in small businesses? A. To eliminate all risks B. To predict profits C. To reduce and control risks D. To create new risks 2. Which of the following is a type of operational risk? A. Interest rate change B. Natural disaster C. Supplier failure D. Tax policy change 3. SWOT analysis identifies all EXCEPT A. Strengths B. Weaknesses C. Tactics D. Opportunities 4. Which strategy involves taking no action against a risk? A. Mitigation B. Avoidance C. Acceptance D. Transferarrow_forward
- 5. A risk that has both a high impact and high probability is referred to as A. Negligible B. Moderate C. Low D. Extreme 6. A business continuity plan is mainly used to_ A. Increase profits B. Handle daily tasks C. Prepare for disruptions D. Advertise services 7. What is the role of a risk owner? A. To finance the risk B. To monitor and manage a specific risk C. To create risks D. To avoid planning 8. Early warning indicators help businesses to A. Avoid legal actions B. Grow rapidly C. Detect potential risks D. Hire employees 9. A hazard-based risk includes A. Political instability B. Ergonomic issues C. Market demand D. Taxation changesarrow_forward1. What is the primary purpose of risk management in small businesses? A. To eliminate all risks B. To predict profits C. To reduce and control risks D. To create new risks 2. Which of the following is a type of operational risk? A. Interest rate change B. Natural disaster C. Supplier failure D. Tax policy change 3. SWOT analysis identifies all EXCEPT A. Strengths B. Weaknesses C. Tactics D. Opportunities 4. Which strategy involves taking no action against a risk? A. Mitigation B. Avoidance C. Acceptance D. Transferarrow_forwardList and briefly describe four risk response strategies.arrow_forward
- Explain the purpose of a risk register.arrow_forwardAssume that your business is going to apply for a bank loan. Step into the shoes of a banking official who has the power to say yes or no to your loan application. From the bank’s vantage point, what are the strengths and weaknesses of your business plan? Does your plan seem realistic, given the financial assumptions and the business environment? What questions would you, as a bank officer, ask about your business plan? As the entrepreneur behind the business plan, how would you answer these questions and persuade the bank to approve your loan? Write up your questions and answers in one paragraph. Then use what you’ve learned to further strengthen your plan.arrow_forwardAssume that your business is going to apply for a bank loan. Step into the shoes of a banking official who has the power to say yes or no to your loan application. From the bank’s vantage point, what are the strengths and weaknesses of your business plan? Does your plan seem realistic, given the financial assumptions and the business environment? What questions would you, as a bank officer, ask about your business plan? As the entrepreneur behind the business plan, how would you answer these questions and persuade the bank to approve your loan? Write up your questions and answers in one paragraph. Then use what you’ve learned to further strengthen your plan.arrow_forward
- Even before you launch your business, you have to be ready to handle the funds that will flow in and out as you buy raw materials, pay rent, receive customer payments, and reserve cash to pay taxes. Which financial services should you have in place on your first day in business? Which might be needed months later, after you’ve established your business? Write two to three sentences about your company’s need for financial services, now and during the first year.arrow_forwardChester has negotiated a new labor contract for the next round that will affect the cost for their product Camp. Labor costs will go from $3.65 to $4.15 per unit. Assume all period and variable costs as reported on Chester's Income Statement remain the same. If Chester were to pass on half the new labor costs to their customers, how many units of product Camp would need to be sold next round to break even on the product? Select : 1 a) 1,826 b) 1,916 c) 1,743 d) 2,428arrow_forwardPremises: Alpha, Inc. has contemplated taking over a similar but less well-known corporation. If the merger takes place, Alpha, Inc. will probably change its name and temporarily lower its prices. If the prices are reduced, more merchandise is expected to be purchased. If more merchandise is purchased, more employees will be hired. Alpha, Inc. took over the less well-known corporation. Conclusion:Alpha, Inc. was renamed and more employees were hired. Options: Necessarily true. Probably, but not necessarily, true. Indeterminable, cannot be determined. Probably, but not necessarily, false. Necessarily false.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning