Misc. Flashcards
1
Q
Affirmative action
A
Active effort to favor minority
2
Q
Sexual harassment
A
Work environment is perceived as hostile both subjective and objectively and either sever it pervasive
3
Q
Whistle blowing
A
A member of an organization divulging a secret and damaging info voluntarily and not out of interest
4
Q
Claw backs
A
Policy to retract bonus/money if the result is not up to it
5
Q
CSR
A
- Corporations must not only think of profits.
- There is an interaction bet. Corp+society.
- Responsibility but also Reputation Mgt.
- CSR is not law because it cannot be enforced, it is too slow/cumbersome so it is a recommendation.
6
Q
Why is CSR necessary?
A
- reputation
- productivity
- motivation
- environment
- Free market itself is reinforced (Market to work efficiently, to have perfect competition) eg. Poker
7
Q
Stakeholders: Organisational
A
- Shareholders
- Employees
- Unions
- Managers
8
Q
Stakeholders: Economic
A
- Suppliers/ Distributors
- Customers
- Competitors
- Creditors (bankers)
9
Q
Stakeholders: Social
A
- Local community
- NGOs
- Media
- Government
- Legal System
10
Q
Trade Secrets
A
= NOT Confidentiality
- part of product/service
- part of fair competition
- “agent argument”
11
Q
Conflict of Interest
A
When you are going against others
- Biased Judgment, Lying eg. Auditors
- Direct Competition – compete with your employer
- Violation of confidentiality eg. Doctors
- Misuse of Position – using your influence to your benefit eg. Stocks Wall Street
12
Q
Bribery: Why?
A
- Cultural differences
- Economic reasons – deficiency
13
Q
Bribery: Pros
A
- Save jobs (but what about others)
14
Q
Bribery: Cons
A
- Higher Price
- Low quality
- Bad atmosphere
15
Q
How to bribe?
A
– be indirect
