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Bill Would Like to Propose to the Board of Directors

question 37

True/False

Bill would like to propose to the board of directors of Bizmarc, Inc., that the corporation distribute one percent of its pre-tax yearly income to feed the poor. To Milton Friedman and others, Bill's proposal might be considered unethical, because it violates the purpose for which the corporation was established.


Definitions:

Scientific Thinking

An approach to understanding the world through observation, experimentation, and the systematic analysis of empirical evidence.

Organizational Behavior

A field of study that investigates the impact of individuals, groups, and structures on behavior within organizations, aiming to improve organizational effectiveness and employee well-being.

Contingency Thinking

Seeks ways to meet the needs of different management situations.

Industrial Engineering

A branch of engineering dealing with the optimization of complex processes or systems for improving productivity and efficiency.

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