Amalgamated Enterprises Is Considering Closing Its Plant in a Small

question 42

Essay

Amalgamated Enterprises is considering closing its plant in a small U.S.town where its average wages are $10 per hour,and moving production to a foreign country where average wages for the same work will be $2 per hour.Amalgamated is the largest employer in the community.What theories of social responsibility may Amalgamated's management consider in making a final decision about the plant?

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Definitions:

Measurement of LMX

The process of assessing the quality of Leader-Member Exchange, which focuses on the dyadic relationships between leaders and followers.

Human Value

Fundamental beliefs or standards that guide behavior and decision-making, reflecting what is important in life to individuals or societies.

Dyadic Relationships

A concept in social science that focuses on the dynamic between two individuals, often analyzing how they interact and affect each other in various contexts.

LMX Theory

Leader-Member Exchange Theory focuses on the two-way (dyadic) relationship between leaders and followers, suggesting that the quality of these relationships determines organizational outcomes.