Scenario 4.2 CanBank Is a New Financial Institution with a Workforce That

question 47

Multiple Choice

Scenario 4.2
CanBank is a new financial institution with a workforce that values work-life balance. The CEO, Aren Ami, wants to experiment with different work schedules so as to address the needs of the employees. He is considering several options: a 4-day, 40-hour workweek; allowing employees to choose start and end times for the workday provided they work a certain number of hours per week; allowing two or more employees to perform a job normally done by one person; and allowing some employees to do work from home that is normally done in the office. The CEO knows that there are pros and cons of each option that he has to weigh.
-Refer to Scenario 4.2. What is the term for the option where employees work 4-day, 40-hour workweeks?

• A) flextime
• B) telecommuting
• C) job sharing
• D) compressed workweek

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Definitions:

Performance

The act or process of carrying out a task or function, often measured against known standards of accuracy, completeness, and speed.

Organizational Ethics

A set of guiding principles and values that dictate the behavior and decision-making within an organization.

Ethical Intention

The deliberate aim or plan to act according to ethical principles and values, often involving considerations of fairness, honesty, and respect for others.

Organizational Culture

The collective behavior, values, practices, and beliefs that characterize an organization and influence its members.