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The Legal. Ethical, and Sustainable Business Management Decision You are the production manager for a small manufacturing firm. One product being made involves the use of toxic chemicals. A supervisor reports to you that a small amount of toxic fames is leaking into your employees workspace. Upon investigation, you discover that it will cost in excess of $3 million to repair the leak. This dollar figure represents an amount of money that your firm does not have readily available. Further, you discover that no employee has complained of (or possibly even noticed) the leak. What should you do? Is there any criminal liability for hiding the leak? Assume there was no criminal liability, would it be ethical to continue to hide the leak? Do you have any responsibility to all the employees that lose their job when the firm is shut down?
In addition to employee self-service, organizations have implemented manager self-service. Some feel that this empowers managers too much, and takes away necessary controls. Debate the pros and cons of implementing manager self-service.
Briefly describe the principles of scientific management and administrative management. What assumptions do these perspectives make about workers? To what extent are these assumptions still valid today?
Can someone explain how consumer-buying behavior affects marketing.
An investor wants to invest $50,000 in two mutual funds, A and B. The rates of return, risks and minimum investment requirements for each fund are: Fund A B Rate of return Risk 12% 0.5 9% 0.3 Minimum investment $20,000 $10,000 Note that a low Risk ra..
Discuss your thoughts about just-in-time materials management, its value, shortcomings, and provide an example of where it may be implemented. Below is a brief discussion of JIT vs. MRP. Two approaches have had a major impact on inventory management:..
Corporate governance can be defined as the relationship between a corporation and its shareholders.
How to formulate a linear programming model? The manager of a department store in Seattle is attempting to decide on the types and amounts of advertising the store should use. He has invited representatives from the local radio station, television st..
Mission statements are critical to a successful marketing organization versus Mission statements rarely provide useful marketing value. What is your interpretation of this statement?
A manager must decide how many machines of a certain type to buy. The machines will be used to manufacture a new gear for which there is increased demand. The manager has narrowed the decision to two alternatives: What is the EMV (expected monetary ..
1. What is the project earliest completion time in days? Round your answer to the nearest integer. 2. What is the EST of activity g? Round your answer to the nearest integer. 3. What is the LST of activity c? Round your answer to the nearest integer.
Which of the following is NOT a function of an ethics committee? reviewing the credentials of the medical staff reviewing current policies reviewing cases in patient situations educating staff
Describe the advantages and disadvantages of the going rate approach to international compensation and the balance sheet approach.
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