BUS 1001 Unit 1 Challenge 4 Questions and Answers(100% VERIFIED A+ GRADED )2024 LATEST VERSION
Unit 1 Challenge 4 Select the strategy that would be least effective in reducing the company's criminal liability. a.)It could encourage employees to investigate one another. b.)It could publicly and substantively support the whistleblower who exposed the former CEO. c.)It could hire a new CEO who outwardly prioritizes ethical behavior and leads by example. d.)It could update its code of ethics and ensure it's frequently referenced by management. Consider what you have learned about the factors that impact corporate culture. What is the ethical strength of the corporation in the example? a.)Weak, because the corporation is "killing the messenger." b.)Strong, because now other employees know that if they point out an ethical issue, it will result in change. c.)Strong, because its employees are following the ethical code of the corporation. d.)Weak, because the corporation doesn't seem to have a way for employees to report violations of the law. A pharmaceutical company spends hundreds of millions of dollars developing a drug that successfully treats a rare form of cancer. The drug has no other competitors on the market, but the corporation decides to sell it at a very low price in an effort to make it easily available to those who need the life-saving treatment. According to stakeholder theory, did the corporation fulfill its duty? a.)Yes, because the company is advancing an important social interest by making its drug affordable. b.)Yes, because the officers are following the directives of the board of directors. c.)No, because the company should be giving away the drug for free rather than selling it. d.)No, because th
Written for
- Institution
-
Central Georgia Tech School
- Course
-
BUS 1001
Document information
- Uploaded on
- January 21, 2024
- Number of pages
- 2
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers