Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
expand_more
expand_more
format_list_bulleted
Textbook Question
Chapter 5, Problem 18CRQ
Does ethics pay? Explain.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
How does the figurative language impact the tone and mood of the song roar
The Managing director for your company, Unilever which we are trying to move to the Philipines has just reached out to you to let you know the Management Team has met and they want to move forward with your expansion plan to the Philipines. They want you to prepare a PowerPoint Presentation with the information you have presented to the Board of Directors for final approval.
Lets start by talking about my background in business management and briefly explain something about you. Provide a brief overview of the Philipines and why you think it will be a good location for the organization to manufacture the proposed product. The organization is really making inroads with sustainability efforts in the US and you know this needs to be carried out in the expansion as well, so describe any CSR efforts your expansion will take on in the country with explanations connecting this decision with expected benefits from this action. Tell us any ethical issues you anticipate with either company…
The Managing director for your company, Unilever which we are trying to move to the Philipines has just reached out to you to let you know the Management Team has met and they want to move forward with your expansion plan to the Philipines. They want you to prepare a PowerPoint Presentation with the information you have presented to the Board of Directors for final approval.
Talk about yourself and your background.
Provide a brief overview of the Philipines and why you think it will be a good location for the organization to manufacture the proposed product.
You have noted the organization is really making inroads with sustainability efforts in the US and you know this needs to be carried out in the expansion as well.
Describe any CSR efforts your expansion will take on in the country with explanations connecting this decision with expected benefits from this action.
Discuss any ethical issues you anticipate with either company operations or country behavior and how you would…
Chapter 5 Solutions
Principles of Management
Ch. 5.1 - What individual and organizational ethical issues...Ch. 5.1 - What are some signs of unethical activities you...Ch. 5.2 - What are terminal and instrumental values?Ch. 5.2 - What are ways organizations can employ values to...Ch. 5.3 - What are some ethical guidelines individuals and...Ch. 5.3 - Can being aware of the actual values you use to...Ch. 5.4 - How does Aaron Feuerstein exemplify servant...Ch. 5.4 - If Feuerstein had decided to use the insurance...Ch. 5.4 - What role does leadership play in how ethically...Ch. 5.4 - Explain what stewardship is and the role of...
Ch. 5.5 - In what ways do law and compliance complement...Ch. 5.5 - How does stakeholder management differ from...Ch. 5.6 - How do sustainable business practices benefit...Ch. 5.6 - Differentiate the roles compliance and CSR...Ch. 5.7 - What ways can and do some MNEs demonstrate social...Ch. 5.7 - What are some specific ethical business practices...Ch. 5.8 - What are some emerging national and global issues...Ch. 5 - What is the difference between ethics and business...Ch. 5 - What is normative ethics?Ch. 5 - Why are values an important element of ethics for...Ch. 5 - What are the differences between instrumental and...Ch. 5 - Can an individual be ethical without using ethical...Ch. 5 - Identify major classical ethical principles.Ch. 5 - Differentiate between the principle of rights and...Ch. 5 - Why is leadership important for ethical conduct in...Ch. 5 - Identify two types of ethical leaders and the...Ch. 5 - What is the difference between ethics and...Ch. 5 - What is CSR, and why is it important?Ch. 5 - What is stakeholder management?Ch. 5 - What is the difference between stakeholders and...Ch. 5 - What is different about ethics in a global or...Ch. 5 - What are some global issues that corporations must...Ch. 5 - Identify some contemporary ethical and compliance...Ch. 5 - What is a moral entrepreneur?Ch. 5 - Does ethics pay? Explain.Ch. 5 - After reading this chapter, what are major...Ch. 5 - What were the sources and causes the problems in...Ch. 5 - Who were some of the primary decision makers that...Ch. 5 - What were these individuals motives and...Ch. 5 - How were the illegal and fraudulent activities...Ch. 5 - Who was to blame?Ch. 5 - What unethical activities occurred before the...Ch. 5 - What would you have done, if anything, had you...Ch. 5 - How would a stakeholder approach, if taken by the...
Additional Business Textbook Solutions
Find more solutions based on key concepts
What are the four elements of the budgeting cycle?
Horngren's Cost Accounting: A Managerial Emphasis (16th Edition)
What is an action plan? Why are action plans such an important part of market planning? Why is it so important ...
MARKETING:REAL PEOPLE,REAL CHOICES
Explain what is meant by the statement “The use of current liabilities as opposed to long-term debt subjects th...
Foundations Of Finance
S6-2 Determining inventory costing methods
Ward Hard ware does not expect costs to change dramatically and want...
Horngren's Financial & Managerial Accounting, The Financial Chapters (Book & Access Card)
Questions For Review
12-4. How is the concept of the value package useful in marketing to consumers and industr...
Business Essentials (12th Edition) (What's New in Intro to Business)
E6-14 Using accounting vocabulary
Learning Objective 1, 2
Match the accounting terms with the corresponding d...
Horngren's Accounting (12th Edition)
Knowledge Booster
Similar questions
- The Managing director for your company, Unilever which we are trying to move to the Philipines has just reached out to you to let you know the Management Team has met and they want to move forward with your expansion plan to the Philipines. They want you to prepare a PowerPoint Presentation with the information you have presented to the Board of Directors for final approval. The Director noted you will have 30 minutes with the Board of Directors to present the expansion plans, so you must make sure the PowerPoint has an impact. You will use the information you have researched and presented to the management team in the notes section and add visuals to the slides. Introduction: Talk about yourself and your background. Country Background: Provide a brief overview of the Philipines and why you think it will be a good location for the organization to manufacture the proposed product. Corporate Social Responsibility (CSR): You have noted the organization is really making inroads with…arrow_forwardA thief came stole 10000$ and came back to the shopkeeper bought goods worth 7000$ and was given a balanyof 3000$ from the stolen. How much did the shopkeeper lostarrow_forwardWrite one more page on this please. Strategy Formation InnovateTech is an AI-powered healthcare platform that aims to revolutionize the healthcare industry in North America. The platform uses advanced AI algorithms to provide personalized healthcare solutions. It also integrates with various healthcare providers to offer a seamless healthcare experience. The value chain of InnovateTech includes activities like research and development, platform development, marketing and sales, and customer service. Each of these activities adds value to the final product and contributes to the competitive advantage of the company. The strategic initiative of InnovateTech is to become the leading AI-powered healthcare platform in North America. The company aims to achieve this by offering innovative and personalized healthcare solutions, partnering with leading healthcare providers, and providing exceptional customer service. Strategy Execution–Policies InnovateTech can re-engineer its processes to…arrow_forward
- An executive summary is a short document or section of a document produced for business purposes. It usually contains a brief statement of the problem or proposal covered in the major document(s), background information, concise analysis and main conclusions. Here you should introduce the country you selected and provide a very high-level description of it. Then you should discuss the product you selected and provide a reason why you think this product could be successful in this new market.arrow_forwardHow would you assess Nussbaum’s incentive program? Which basic motivation concepts and theories are illustrated in this case? If the motivation approach outlined in this case is indeed valid, how might it be used in other settings?arrow_forwardThe Managing director for my manufactoring company has just reached out to you to let you know the Management Team has met and they want to move forward with your expansion plan to the Philipines. They want you to prepare a PowerPoint Presentation with the information you have presented to the Board of Directors for final approval. The Director noted you will have 30 minutes with the Board of Directors to present the expansion plans, so you must make sure your PowerPoint has an impact. You will use the information you have researched and presented to the management team in the notes section and add visuals to the slides. What kind of Leadership Style do you feel will be most appropriate for the Philipines. The ideal PowerPoint will include slides for each of the following using extensive speaker notes for your content: Introduction: Talk about yourself and your background. Country Background: Provide a brief overview of the Philipines you have chosen and why you think it will…arrow_forward
- The Managing director for my manufactoring company has just reached out to you to let you know the Management Team has met and they want to move forward with your expansion plan to the Philipines. They want you to prepare a PowerPoint Presentation with the information you have presented to the Board of Directors for final approval. The Director noted you will have 30 minutes with the Board of Directors to present the expansion plans, so you must make sure your PowerPoint has an impact. You will use the information you have researched and presented to the management team in the notes section and add visuals to the slides. What kind of Leadership Style do you feel will be most appropriate for the Philipines. The ideal PowerPoint will include slides for each of the following using extensive speaker notes for your content: Introduction: Talk about yourself and your background. Country Background: Provide a brief overview of the Philipines you have chosen and why you think it will…arrow_forwardThe trend is to 'flatten' organizations. By doing this, the employee is given more authority to make decisions. What problems do you see with this increase in decision-making authority?arrow_forwardThis was the question asked of Jack Otto, production supervisor, by one of his manufacturing workers, Clyde Fisher. Jack had been wondering the same thing for several weeks about Bob Hill, another of his welders. Jack Otto is a 54-year-old production supervisor who has been with Store Fixture Manufacturing Co. (SFM) for 20 years. He is well liked and respected by his peers and subordinates and is very competent at the technical aspects of his supervisory job. Bob Hill, 40 years old, has been a generally competent and productive welder at SFM for ten years. Bob has been popular with his coworkers. Although he periodically "blows up" at them, he always apologizes afterward. His absenteeism rate has been higher than average for the last several years, with most absenteeism on Mondays. Also, it is not uncommon for Bob to be 10–15 minutes late at least once a week. But, because of a shortage of experienced welders and because Bob often cuts his lunch hour short to make up his tardiness…arrow_forward
- Since the mid-1950s the proportion of American workers represented by unions has: A. Decreased. B. Grown only in the manufacturing sector. C. Remained about the same. D. Increased.arrow_forwardThe Occupational Safety and Health Act gives workers the right to a job: A. With wages that enable an employee to enjoy a decent standard of living. B. That does not require them to lift, bend, or move items at any time on the job. C. That is free from recognized hazards that are likely to cause death or serious injury. D. With equal wages for similar kinds of work.arrow_forwardThe right to a safe and healthy workplace is accurately described by which statement? A. Extensive training and careful precautions are necessary to avoid accidents, injuries, and illness. B. Regulations and enforcement have failed to curb worker accidents. C. Over recent years no new categories of accidents or illnesses have emerged. D. A very limited number of jobs are potentially hazardous to workers’ safety and health.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 - Standalone book (MindTa...MarketingISBN:9781285193946Author: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
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning