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- Which one of the following is NOT among the chief duties/responsibilities of a company's board of directors? A) Instituting a compensation plan for top executives that rewards them for actions and results that serve stakeholders' interests, and most especially those of shareholders B) Evaluating the caliber of senior executives' strategy-making/strategy-executing skills C) Overseeing the company's financial accounting and financial reporting practices D) Being inquiring critics and exercising strong oversight over the company's direction, strategy, and business approaches E) Hiring and firing senior-level executives and working with the company's chief strategic planning officer to improve the company's performance37-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 dividendAll members of board of directors must not be in such position that there can be a chance of conflict of interest. Keeping this aspect in mind, one of the concepts of corporate governance includes _____________. a. Shareholders must receive fair treatment across the board b. Making a judgement / opinion which is best suitable for the organization c. None of the options d. Nothing should be hidden from the owners
- 1,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 statement about prpofessionalism is true/ a. Much like communication, professionalism is a simple concept. b. Professionalism applies to spoken conversations, but not written communication. c. Professionalism goes beyond just being courteous, having good manners, and dressinf appropriately. d. It is only important to display professionalism while resume building. Which of the following constitutes an internal audienc for a private sector orgaization? a. the organization's competitors b. the organization/s customers c. the organizatinon's senior management d. the organizations's suppliers e. government officialsPrepare each response in a third person, consultant point-of-view format. Include a minimum of at least four scholarly, peer-reviewed articles (at least one minimum for each question below). Some union advocates have suggested that the NLRB certification procedures are so cumbersome that unions would be better off if the LMRA was repealed. If labor laws discussed in this chapter were repealed, how might this affect: a) the formation of unions, and b) the terms and conditions of employment for employees? How were yellow dog contracts and labor injunctions used to limit the activities of union organizers or slow union growth? How did the Triangle Waist Factory incident contribute to worker advocacy and unionization?What were the aims and outcomes following the collective employee response? Although the National Labor Relations Act gives employees certain rights, these rights are not unlimited. Discuss and defend your answer.
- A. If a company needs a frequent infusion of new ideas and talent, the leaders might decide to make the strategic decision to _________ talent instead of __________ talent. B. XYZ Company staffs before positions open (before people quit or retire), so their staffing is considered ___________, while ABC company uses ___________ staffing after events have occurred (e.g., after people have quit or discrimination has become an issue). C. Organizations typically recruit when they need to fill a specific job opening, which is ___________ staffing, but when labor markets are tight and good recruits are hard to find organizations must pursue _________ staffing.Which of the following is correct for stakeholder approach a. All stakeholders affected by company have legitimate interest in corporation b. Employees only have legitimate interest in corporation c. Suppliers have legitimate interest in corporation d. Cant say25-The strength of relationship between the organization and the community is critical for their survival. From the organization point of view their role can be played very easily with the O a. Bringing the policies in the best interest of the organization O b. None of the options O c. Help of those resources owned by the organization O d. Taking internal decisions quickly.
- 2.Social functions that occur at the worksite should: A. Be attended, even if only for a brief visit B. Only be attended if you helped provide refreshments C. Only be attended by senior officials D. Only be attended if attendance is mandatory 3. When in the presence of senior executives of your company: A. If your boss is not present, speak poorly of your boss if he or she is unfair B. Ignore the senior executive C. Be aggressive and take the lead in a conversation D. None of theseThere is a disconnection between the values of the employees, the management and the shareholders. The following should be done to address this problem EXCEPT *a. Allow departmental values to thrive and inform shareholders of these priority values.b. Provide an event where all individuals involved can be introduced to the revamped values statement of the entity.c. The management and the shareholders should agree on a written code of ethics.d. Realign hiring practice with the identified corporate values and avoid hiring based on employee referral.b) Hiring a business consultant can provide many benefits to a company. Some of the mostimportant benefits include taking advantage of an outside perspective, utilizing insight andexpertise picked up from other clients and industries, receiving help creating plans as wellas the resources to make them happen, and much more. List any five (5) consulting skillsone has to possess to impress clients.
