4. If your friend in Situation 2 decides to write a business plan, what advice would you give her? 5. In Situation 3, when looking into why the profits were not up to expectations, Rose discovered that Martin had been embezzling funds from the company. In addition to this problem, what other issues might have contributed to the firm's poor performance? 6. What could Rose have done in Situation 3 to reduce the chance of Martin's embezzlement? What are his options now?

4. If your friend in Situation 2 decides to write a business plan, what advice would you give her? 5. In Situation 3, when looking into why the profits were not up to expectations, Rose discovered that Martin had been embezzling funds from the company. In addition to this problem, what other issues might have contributed to the firm's poor performance? 6. What could Rose have done in Situation 3 to reduce the chance of Martin's embezzlement? What are his options now?

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter5: Ethics, Corporate Responsibility, And Sustainability

Section: Chapter Questions

Problem 8CTQ: How would a stakeholder approach, if taken by the companys top leaders and board of directors, have...

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