300 Final Exam Questions And Answers 2024/2025( A+ Graded 100% Verified).

Performance management systems: {Ans: formal process of articulating employee goals, identifying performance metrics, providing compensation structure}What does law represent to business conduct? {Ans: many people believe that abiding the law is also ethical, but its not always true}Objectivism {Ans: Decision Rule: be rational and all you can be. Advantages: reinforces personal responsibility Disadvantages: individualistic and judgmental, does not protect the weak WHAT TO LOOK FOR: -DECISION MAKER'S INTEREST COMES FIRST -EMPHASIS ON RATIONAL DECISIONS EX: MOTIVE COMMUNICATIONS -anything about happiness}Limited View {Ans: -corporations do not owe anything -legally bound to make as much profit as possible for stockholders}Jack and suzy welch believe if an employee is fired because of ethical violations, it should be: {Ans: made widely known to scare other employees}individualism {Ans: people identify on own}