’s code of ethics to guide their decision making, what good are the codes?
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given that people rarely use a company’s code of ethics to guide their decision making, what good are the codes?
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- a. What are the ethical theories and approaches for decision making? Explain.Ethics is a conception of right and wrong behavior, defining for us when ouractions are moral and when immoral. A business is considered to be ethical only ifit tries to reach a trade off between pursuing economic objective and its socialobligations. b. Explain various ethical theories? sir kindly give me introduction ,explanation and conclution. thank you.How can managers effectively manage risk and uncertainty in their decision-making processes, and what tools and techniques are available to help them do so?which type of cost do you prefer that usefulness in managerial decision-making?
- What are the ethical considerations that managers need to be aware of when making decisions, and how can they ensure that their actions are aligned with the values of their organization?While preparing your business plan it has come to your attention that apossibility to secure the contract would be to bribe one of the officials at thefootball house. Discuss and apply the steps required for ethical decisionmaking in business. ??Is risk important in an organization's decision making?
- Explain how operating decisions of management may be affected by the probability of the firm`s technical insolvency and why the magnitude of the influence may depend on whether management is more self-interest-oriented or more shareholder-oriented.What are the key elements of effective decision-making, and how can managers develop the skills required to make sound decisions in a wide range of contexts?Which Nonrational decision making model does Byford employ? How?
- A company is facing a critical decision regarding a potential merger/acquisition opportunity. The decision requires careful consideration of various factors, including financial implications, market conditions, cultural compatibility, and long-term strategic alignment. As a top-level manager, how would you approach this decision-making process, and what factors would you prioritize in evaluating the opportunity?"Briefly explain your or a specific ethical decision-making style based on the five ethical decision-making principles.Questions are about Law for business (MBA COURSES)1.You have been given the responsibility to implement processes and procedures to reduce the risk to your company based on contract liability. Discuss systems, processes and procedures you can implement to reduce your company’s liability for contracts.Typically 350~400 words. Answer questions as 1…. 2 …. 3…..2.You have a new customer, Arisco, LLC, that is a start up business.The start-up has three principal investors, ACME, Inc., John Smith, and Janice Perkins. John and Janice are the principal employees of the company that have just graduated from Anna Maria College. Acme, Inc. is a billion dollar multinational business.Arisco, LLC sends you an order for two million dollar pieces of equipment. Each piece of equipment has eight hundred thousand dollars in parts that you would need to acquire before filing the order. Discuss steps you can take to reduce your risk of non-payment and default by…