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In Order for the Boards to Function Objectively, Some Believe

question 5

True/False

In order for the boards to function objectively, some believe that it is most effective for boards not to participate in setting the boundaries for their firms' business ethical behaviours.


Definitions:

George Ritzer

George Ritzer is a prominent American sociologist known for his contributions to consumer culture theory, globalization, and his concept of McDonaldization.

McDonaldization

The process by which the principles of the fast-food industry, such as efficiency and standardization, have come to dominate other sectors of society.

Calculability

A principle, often related to rationalization and modernity, emphasizing quantification and measurement in decision-making processes.

Quantity Over Quality

A focus on producing or achieving more in number, often at the expense of excellence or condition.

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