UNDERSTANDING BUSINESS+ACCESS>BI<
11th Edition
ISBN: 9781259897870
Author: Nickels
Publisher: MCG CUSTOM
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Question
Chapter 7.5, Problem 1MED
Summary Introduction
To determine: The ethical decision and its consequences.
Introduction:
The managers play a vital role in an organization. As the managers have to perform many assigned duties, so managers delegate some power to employees in order to take decisions of their own. It will motivate employees to perform well.
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"I expect all the managers in my department to act completely rationally in every decision they make", declared Eleanor Johnson, Vice President for marketing for the Olympic Toy Company. "Every one of us, no matter what his or her position, is hired to be a professional rationalist, and I expect all of us not only to know what they are doing and why but to be right in their decisions. I know that someone has said that a good manager needs only to be right in more than half of his or her decisions. But that is not good enough for me. I would agree that you may be excused for occasionally making a mistake, especially if it is a matter beyond your control, but I can never excuse you for not acting rationally." "I agree with your idea, Eleanor", said Jill Goldberg, her advertising manager, "and I always try to be rational and logical in my decisions. But would you mind helping me be sure of this by explaining just what 'acting rationally' is?"
Questions:
1. Explain how the Vice…
"I expect all the managers in my department to act completely rationally in every decision they make", declared Eleanor Johnson, Vice President for marketing for the Olympic Toy Company. "Every one of us, no matter what his or her position, is hired to be a professional rationalist, and I expect all of us not only to know what they are doing and why but to be right in their decisions. I know that someone has said that a good manager needs only to be right in more than half of his or her decisions. But that is not good enough for me I would agree that you may he excused for occasionally making a mistake, especially if it is a matter beyond your control, but I can never excuse you for not acting rationally" "I agree with your idea, Eleanor, said Jill Goldberg, her advertising manager, "and I always try to be rational and logical in my decisions But would you mind helping me be sure of this by explaining just what 'acting rationally is?"
Questions:
a) 1. Explain how the Vice President for…
I expect all the managers in my department to act completely rationally in every decision they make , declared Eleanor Johnson, Vice President for marketing for the Olympic Toy Company. Every one of us, no matter what his or her position, is hired to be a professional rationalist, and I expect all of us not only to know what they are doing and why but to be right in their decisions. I know that someone has said that a good manager needs only to be right in more than half of his or her decisions. But that is not good enough for me. I would agree that you may be excused for occasionally making a mistake, especially if it is a matter beyond your control, but I can never excuse you for not acting rationally.I agree with your idea, Eleanor", said Jill Goldberg, her advertising manager, and I always try to be rational and logical in my decisions. But would you mind helping me be sure of this by explaining just what acting rationally is?
Questions:
1. Explain how the Vice President…
Chapter 7 Solutions
UNDERSTANDING BUSINESS+ACCESS>BI<
Ch. 7.1 - Prob. 7.1AQCh. 7.2 - Prob. 7.2AQCh. 7.2 - Prob. 1TPCh. 7.2 - Prob. 2TPCh. 7.2 - Prob. 3TPCh. 7.3 - Prob. 7.3AQCh. 7.3 - Prob. 4TPCh. 7.3 - Prob. 5TPCh. 7.3 - Prob. 6TPCh. 7.3 - Prob. 7TP
Ch. 7.5 - Prob. 7.5AQCh. 7.5 - Prob. 7.5BQCh. 7.5 - Prob. 7.5CQCh. 7.5 - Prob. 1MEDCh. 7.6 - Prob. 7.6AQCh. 7.6 - Prob. 8TPCh. 7.6 - Prob. 9TPCh. 7.6 - Prob. 10TPCh. 7 - Prob. 1CTCh. 7 - Prob. 2CTCh. 7 - Prob. 3CTCh. 7 - Prob. 4CTCh. 7 - Prob. 1DWSCh. 7 - Prob. 2DWSCh. 7 - Prob. 3DWSCh. 7 - Prob. 4DWSCh. 7 - Prob. 5DWSCh. 7 - Prob. 1TITCh. 7 - Prob. 2TITCh. 7 - Prob. 3TITCh. 7 - Prob. 1VCCh. 7 - Prob. 2VCCh. 7 - Prob. 3VC
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