According to Stakeholder Matrix, select all that apply to low power with high- interest stakeholders. Select all that apply. We need to closely manage them. We need to inform the stakeholders. We need to keep positive attitude towards them. We need to keep skeptical behaviour towards them.
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![According to Stakeholder Matrix, select all that apply to low power with high-
interest stakeholders.
Select all that apply.
We need to closely manage them.
We need to inform the stakeholders.
We need to keep positive attitude towards them.
We need to keep skeptical behaviour towards them.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb0f3a834-d342-4869-9dbf-9d566abb1119%2F0cae20ae-fc1d-4338-b1f1-5cd2df67dd4a%2Fxnyktf_processed.png&w=3840&q=75)
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- It is! With ethical questions in business, you can weigh different factors and consider: How the decision might affect the common good of society at large and the greatest moral virtues: prudence, temperance, courage, and justice. How the decision might affect our stakeholders and profitability; whether the decision is consistent with our company's values; and how the public would react if they found out about our decision.What is the relationship between Ethics and Business? Please use examples from current events as it relates to business, economics, and society. Is ethics necessary for leadership or is leadership necessary for ethics? Why do we need to be able to convincingly explain why something should be viewed as right and fair?Business means profit/competition/ market share and these terms can be related to “War” – then can Business be ethical? Enumerate in not more than 50 words
- How Organizations Can Promote Ethics Ethics are the standards of right and wrong that influence behavior, and ethical behavior is the accepted or "right" way to behave according to those standards. Managers will often have to choose between courses of action that will promote either economic performance or social performance. In today's marketplace, organizations are under tighter and tighter scrutiny when it comes to ethics. This activity is important because it is critical for managers to be familiar with and understand ethics and how to promote ethical behavior in the workplace. The goal of this activity is to challenge your knowledge of the ways in which organizations can promote high ethical standards on the job. Riverview Manufacturing, as part of an ongoing continuous improvement process, recently completed an ethics audit to determine if there were potential ethical lapses within their organization. While they did not find any glaring problems or issues, they did discover some…Think of stakeholders in an EA program and associated activities -- this can be a real example and/or a hypothetical example/scenario. Why might they want to resist the EA program? Would all of the stakeholders want to resist or are there more ardent groups of protesters than others? Provide specifics1, What ethical failures are present in the Petrobras scandal? 2. What can governments and businesses do to prevent similar scandals in the future? 3. Why do you think the Petrobras scandal was able to spread too far and include so many people? 4. What obligations did Petrobras have to the affected stakeholders? How did it fail to uphold these obligations?
- Select six stakeholders, of which three are internal (e.g. employees, shareholders, management) and three external (e.g. community, customers, environment).After selecting a country and a specific company, look for information on the company's CSR policy and the ethical behaviour of its managers. Analyze how internal and external factors influence the CSR policy and ethical behavior of managers.Who are the stakeholders? And why they should pay attention that how GAC tracks and monitors its employees? And does this situation in any way violate the concepts of fairness, honesty, and integrity?Business means profit/competition/ market share and these terms can be related to “War” – then can Business be ethical?
- What are the most important ethical considerations that managers must take into account when making business decisions, and how can they balance competing priorities and obligations to ensure that their actions align with their values?What essential components of corporate governance according to stakeholder and agency theories have you experienced in the workplace; were they positive or negative effects on the ethical climate? If you have not experienced corporate governance personally in a professional environment, speculate as to what the essential components of corporate governance are in the professional environment and how they affect the ethical climate.Explain using examples how “Scaremongering” and “Window Dressing” affect the way leaders work in running and leading business organizations and when making decisions based on business ethics