14. Entrepreneurs who are deeply committed to ethical values operate their businesses in ways that reflect a. the standard practices of the industry. b. their personal interpretations of those values. c. profit motivations above all others. d. their personal religious values.
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14. Entrepreneurs who are deeply committed to ethical values operate their businesses in ways that reflect
a. the standard practices of the industry.
b. their personal interpretations of those values.
c. profit motivations above all others.
d. their personal religious values.
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- Which of the following is NOT a factor in an individual behavior? A. The values and character of the President of the ABC Company B. The beliefs, values and behavior of Finance Division C. The competition within an organization D. The submission of financial reports 2. In an investment, what do you call under diversification, holding onto losers, chasing winners, buying stocks that catch their attention, systematically ignoring important information, paying too little attention to fees and trading too much? A. Errors B. Biases C. Misinformation D. Basic trade1,Why are codes of ethics used?a, They display the values of an organization to those inside and outside theorganization.b, They display the religious and ideological framework for an organization.c, Government standards require all companies to have a code of ethics.d, They ensure a company complies with all normative standards, includingtax laws.2,which of the following does not help with work-life balance?a, overtime payb, worksite elder carec, worksite daycared, generous maturity leave 3, What role does the UN have in defining human rights?a,The UN definition of human rights is internationally respected, but cannot be forced on nations that don't join the UN.b, The UN Empire took over the world in 1948 and can tell everyone what to think.c, The UN charter is agreed upon by every nation in the world, so everyone has the same definition of human rights.d, The UN invented the idea that people have rights.4, What organization created the Universal Declaration of Human Rights?a The…Which of the following is not an advantage of strategic management? a. It provides organizations with a clearer sense of direction and purpose b. It helps improve the political, economic, social, and technological environment of the organization c. It helps orientate management decisions to relevant environmental conditions d. It helps organizations be proactive rather than reactive
- 37-A good corporate governance always looks for a healthy relationship with the shareholders, which is only possible if O a. All of the options O b. The board keeps a less amount of retained earnings O c. There is a dialogue on mutual understanding O d. The board frequently announces dividendExplain: 1) Why do we need to provide a fact based argument? 2) Why don't we need to include fact based opinions in academic writing?How to respond to this in 100 words? Ethics and strategic management are closely connected as ethical considerations play a crucial role in shaping the decisions and actions of an organization in pursuit of its strategic goals and objectives (Parnell, 2017). Strategic management refers to the process of defining an organization's direction and making decisions on allocating resources to implement that direction, while ethics pertains to the moral principles and values that govern human behavior (Parnell, 2017). One way ethics relates to strategic management is through the development and implementation of a company's mission and vision statements (Milton-Smith, 1995). These statements articulate the organization's purpose and its desired future state (Parnell, 2017). Ethical considerations are vital in formulating these statements as they need to reflect the organization's commitment to behaving responsibly and operating with integrity (Milton-Smith, 1995). For example, an…
- Which of the below is NOT a guideline for effective strategic management? a. Should be a learning process for all managers and employees b. Should not be too formal, predictable, or rigid. c. Should welcome open-mindness and a spirit of inquiry and learning. d. Should be more of a paper process than a people processWhy does a company needs financial objectives? A) to convince shareholders that top management is acting in their interests. B) because without adequate profitability and financial strength, the company's ultimate survival is jeopardized. C) to indicate to employees that financial objectives always take precedence over strategic objectives. D) to translate the company's business model into action items. E) to overtake key competitors on such important measures as net profit margins and return on investment.Which of the following is true about ethics and the different functions of business? *a. Externalities should always be avoided.b. Marketing should be avoided because it can influence individuals' perceptions of and interactions with people.c. When faced with business ethics, the stockholder will always prevail in the decision making.d. The principal can influence the actions of the agents by giving rewards or punishments.
- Assignment Description and Instructions: As a group of aspiring entrepreneurs, you must create a business plan for a service-oriented business in the tourism industry in any Caribbean country (not an existing business/company). Key Elements of the Business Plan Business and Industry Profile This section provides an overview of the industry and market segment. Market size. Growth trends. Strength of major firms. Significant industry trends.45-Who among the following are secondarily responsible for prevention and detection of frauds? O a. All the options b. Nomination committee is secondarily responsible for prevention and detection of fraud O C. Auditor is secondarily responsible for prevention and detection of fraud O d. Management is secondarily responsible for prevention and detection of fraud2. Artificial intelligence (AI) will bring health care a vast variety of new methods to provide care. Which of the following is incorrect about the prospect of utilizing AI? A) Big data sets will allow generalization from examples. B) Effective health care leaders must be well informed to navigate challenges. C) Leaders need “hard” skills to be effective when utilizing AI. D) AI can be used for predictive and prescripted analytics. 19. The basic principle underlying laws regulating health care organizations is: A) the social reputation of health care organizations. B) the major market share that health care organizations hold in our economy. C) the trust the public puts in health care providers in exchange for a duty to put patient interests first. D) the trust managers in health care organizations put in their staff in exchange for compliance with professional standards of practice. E) the distrust the government has for health care organizations to voluntarily choose best practices.