You Own and Operate a Small Business That Employs 25

question 7

Multiple Choice

You own and operate a small business that employs 25 people.You are considering cancelling extended health and hospitalization insurance for your employees because of increasing costs.If you do cancel these benefits,which need will become of greater concern to your employees?

• A) safety and security
• B) self-esteem
• C) affiliation
• D) self-actualization

Assess the potential of diverse business opportunities using the BCG Matrix.

Understand the role of integration strategies in business expansion and operational synergy.

Grasp the concept of stability strategy and its importance in maintaining current business operations.

Evaluate the significance and impact of strategic alliances and divestiture in business restructuring and growth.

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Definitions:

Ethical Problem

A dilemma involving a conflict in moral values, making it difficult to decide the right course of action.

Policing Policies

Regulations and strategies that outline the operational practices and behavior standards for law enforcement agencies.

Criminal Justice System

The network of courts, law enforcement, and correctional institutions involved in the enforcement of laws and the punishment of offenders.

Ethical Pluralism

The acceptance that multiple ethical systems or theories can coexist and may all offer valuable insights into moral dilemmas.