Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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In your own words, cite other ways businesses do to improve the ethical performance of its employees and organization as a whole. (Not less than 150 words)
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- Management must decide whether to buy certain expensive safety masks for its workers who work around toxic chemicals. Management is afraid it would be sued by an employee injured on the job by breathing the chemicals. Comparing the stakeholders listed in the following answers, which are likely to be least affected by the decision? Group of answer choices the workers the owners of the business customers future generations in the communityarrow_forwardThe oil and gas company you work for wants to invest in fracking. They also want to maintain their reputation for ethical conduct. After investigating fracking, what recommendations would you submit to the CEO about how to make this process safer? Be sure to address: Ethical responsibility Safety risks in the oil and gas industry Ethical leadership’s rile in managing risKarrow_forwardYou have been hired by your dream company as an Ethics and Compliance Officer. Your job is to ensure compliance with ethical business practices, company policies, and local legal/regulatory requirements. The company provided you with this list of situations that could cause problems in the future if not resolved in the next few months: Employees have been taking office supplies (paper, pens, and ink) home with them when leaving work. A supervisor had been seen outside of work having drinks with an employee that works for them. William has worked for the company for 11 years. Recently he was passed over for a promotion. Co-workers have commented that William has been making negative comments on various social media sites about the company. Bob, a senior buyer with the company, has been participating in a rewards program from one of your main suppliers. Bob has been receiving gifts, under the rewards program, for his personal use based on the amount of merchandise he is buying from the…arrow_forward
- Suppose an employer charges all employees the same premium, regardless of their health habits. Who benefits? Who is harmed? Is this ethical?arrow_forwardWhat does it mean to take "reasonable care"? Why should a business make sure to take acceptable steps as it goes about its daily work?arrow_forwardHow do companies decide which capital investments they will make in corporate social responsibility? Please respond to these two parts with a full paragraph for each part (150 words per paragraph) and respond to 2 or more of your classmates with full paragraph responses.arrow_forward
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