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1. Explain whether the following statement is true or false.
"Governance is exercised only by the government of a country"
2. Explain whether the following statement is true or false.
"Responsive usually results in effectiveness and efficiency".
3. What does corporate governance structure involve?
4. Transparency and accountability are synonymous. Explain whether the statement is correct or not.
Answer 4 questions in paragraph form. Minimum of 5 sentences is required.
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Solved in 2 steps
- Directions: Read each statement carefully. In a separate sheet of paper, write TRUE if the statement is correct and FALSE if the statement does not fit the description 1. A customer is a person or organization that transacts with a business person or business organization to buy goods or services for monetary or other valuable considerations. 2. Customer Relationship Management can take on many forms-salespersons assistance, product delivery, technical advice, help desks, or other means. 3. Companies can best manage customer service quality by establishing service objectives with specific and measurable targets. 4. Customer service is a process of managing an organization's interactions with current and future customers. 5. By Knowing the value or worth of its customers, a company can focus its resources in attracting and keeping the "right" type of customers. 6. The customers are the lifeblood of any business. 7. The business is the one responsible for sealing the deal with customer.…9.2.3 BUSINESS ETHICS AND CORPORATE GOVERNANCE [100] QUESTION ONE [30] Critically analyse three authoritative sources of ethics including its potential impact on employees in a working environment today. QUESTION TWO [20] Explain the categories of justice and fairness from a deontological perspective and consider ways in which business can implement some, if not all, these categories in their policies and procedures. QUESTION THREE [20] You have recently been appointed to the Board of a Mining Company. As an expert on governance and ethics, discuss the ways in which the board can demonstrate accountability and transparency to its key stakeholders as a responsible corporate citizen. QUESTION FOUR [20] The King IV Report on Corporate Governance adopts an outcomes-based philosophy. Discuss the key governance outcomes envisaged by King IV and how this may benefit organisations. Your answer should include reference to the "apply and explain" principle. QUESTION FIVE Explain Carl Jung's…8. Whistleblowing policy refer to alternative channel for employees to give feedback or report wrongdoing a) True b) False 10. Which of the following is not a trait of a moral person? a) Trustworthiness b) Truthfulness c) Integrity d) Honesty 11. Regardsless of the source of ethical behavior, those engaged in business were required to act with _and i. honesty ii. ethically iii. accountability iv. responsibility a) iii & iv b) 1 & iii c) I & II d) ii & iv e) i & iv
- Brief Intro about the United Kingdom (England, Scotland, Northern Ireland, Wales) including:1. Some facts, e.g., political system, no. of OFWs or Filipinos in this country, and any other interesting information (not similar to Letter d). 2. If assigned to a country part of a region, e.g., Middle East, mention the countries part of this region. 3. Three (3) terms or expressions of relevance to business/visitors. Also, check if this country has language register or level of formality (in terms of language), e.g., Korea has formal/informal, Japan has honorificsChapter 12 Discussion: Expanding Your Market 1111 unread replies.2222 replies. The Situation: This has to be one of the most depressing annual review meetings you’ve ever sat through. Sure, times have been tough before, but never like this. In the past year, your power-tools company has lost 37 percent market share. Sales have decreased by 64 percent. Profit is down almost 70 percent. You had to lay off one-third of your workforce. And worst of all, it doesn’t look to be getting better anytime soon. Housing sales and construction are at an all-time low, meaning your best customers, contractors, have little work to do and even less money to spend on new tools. “We have to increase sales!” you tell the rest of your management staff. They stare back at you, of course, because everyone knows what needs to be done. They just don’t know how to do it. How do you sell a product when demand is so low? As everyone in the room ponders over this, an intern sitting in the back corner…Chapter 12 Discussion: Expanding Your Market 1111 unread replies.2222 replies. The Situation: This has to be one of the most depressing annual review meetings you’ve ever sat through. Sure, times have been tough before, but never like this. In the past year, your power-tools company has lost 37 percent market share. Sales have decreased by 64 percent. Profit is down almost 70 percent. You had to lay off one-third of your workforce. And worst of all, it doesn’t look to be getting better anytime soon. Housing sales and construction are at an all-time low, meaning your best customers, contractors, have little work to do and even less money to spend on new tools. “We have to increase sales!” you tell the rest of your management staff. They stare back at you, of course, because everyone knows what needs to be done. They just don’t know how to do it. How do you sell a product when demand is so low? As everyone in the room ponders over this, an intern sitting in the back corner…
- Test I. TRUE or FALSE Instruction: In the statements below, write TRUE if it is correct or FALSE if the statement is incorrect. _1. Management reporting is a source of business intelligence that helps business leaders make more accurate, data-driven decisions. 2. The management report is a means of communicating essential information from low to high levels of management. _3. Management reporting consists of facts and significant data presented through written, oral and visual tools 4. Management reporting provides an insight about the departmental weakness through financial and non- financial data of a specified period. 5. The balance sheet convert large data into a simplified form for comparison purposes. _6. Different types of financial ratios are used for further analysis and representation of data. _7. Comprehensive reports are easy to understand, analyze and visually attractive. _8. Tables are reports prepared in a tabular form, indicating the present and planned performance of…63. An ideal-type bureaucracy offers a standard against which real-world bureaucracies can be evaluated. a. True b. False 64. Although membership in coercive organizations in typically voluntary, once they are part of the organizations, members are strictly and tightly controlled. a. True b. False 65. The McDonaldization of society involves four principles: efficiency, quantification, predictability, and ethics. a. True b. False 66. From a sociological point of view, stores are being efficient when they can get customers to scan, bag, and pay for groceries. a. True b. False 67. Marx maintained that increased control over nature is accompanied by decreased control over social life. a. True b. False 68. Surveillance is alienating when people lose control over their private lives. a. True b. False 69. When sociologists examine two status groups such as father-son dyads, they are examining social structure at the micro level. a. True b. False 70. The larger the group, the greater its…SECTION B – TRUE/FALSE QUESTIONS1. Strategic leadership is a leader's ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate changes that will create a viable future for the organization.a. Trueb. False2. Ultimately, strategic leadership is the responsibility of the CEO and top management.a. Trueb. False3. The link between leadership and strategy is a new concept but quickly becoming accepted.a. Trueb. False4. Strategic leadership is the set of decisions and actions used to formulate and implement specific strategies that will achieve a competitively superior fit between the organization and itsenvironment, so as to achieve organizational goals.a. Trueb. False5. Ultimately, organizational change is about changing the profit margin of the organization.a. Trueb. False6. An organization's external environment presents strengths and weaknesses, while it internal environment presents opportunities and threats.a. Trueb. False7. The…
- 29-The recent approach in the field of accounting from corporate social responsibility perspective is to take the best decision which should give support to community in the most appropriate way. So, the organization in this regard always see the most important aspect that O a. The benefits from implementing corporate social responsibility must exceed the cost O b. The programs started should be best fitted with the community needs O c. The organization must work on giving jobs to the citizens O d. None of the optionsWhich of the following statements about putting together a capable top management team is false? Copyright by Globus Sotere, ine Copying abuting or 3rd party webshe posting pressly prohibited and contes copyright vielation O Without a smart, capable, results-oriented management team, the implementation-execution process ends up being hampered by missed deadlines, misdirected or wasteful efforts, and/or managerial ineptness. O It is important to ferret out and replace managers who believe activities in their area of responsibility are already being done properly or who lack the creativity to find ways to do things better and more cost-efficiently. O It helps enormously when a company's top management team has several people who are particularly good change agents-true believers who champion change, know how to trigger change and keep change initiatives moving along, and love every second of the process. O The most important consideration is to fill key managerial slots with smart people…For your Initial Post due by Sunday at 11:59 PM: 1. Hit the reply button, below. 2. Please see the Fact Pattern below. Please answer the questions at the end of the Fact Pattern. 3. As always, 1 paragraph for each answer, five sentences per paragraph. Remember, provide the definition of the principle, explain how the definition applies to the fact pattern, and draw a conclusion of whether or not the legal principle is met. I will expect to see at least 3 paragraphs in your answer and 15 sentences. FACT PATTERN Alfred, Beth, and Charles orally agreed to start ABC Computers ("ABC"), a business to manufacture and sell computers. Alfred contributed $100,000 to ABC, stating to Beth and Charles that he wanted to limit his liability to that amount. Beth, who had technical expertise, contributed $50,000 to ABC. Charles contributed no money to ABC but agreed to act as salesperson. Alfred, Beth, and Charles agreed that Beth would be responsible for designing the computers, and that Charles alone…