List the Components of the Power and Control Wheel

question 1

Essay

List the components of the power and control wheel. Provide examples of each component.

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Definitions:

Company Rules

Guidelines and regulations established by a company that govern the behavior and responsibilities of its employees.

Profit Maximization

The process by which a business seeks to achieve the highest possible profit.

Corporate Citizenship Theories

A collection of ideas and practices that consider the role of businesses in society, focusing on their responsibilities towards stakeholders and the environment.

Ethical Theories

Philosophical frameworks designed to guide decision-making by proposing various principles and values for distinguishing right from wrong.