When OD Practitioners Work with the Public-Sector Organization, It May

question 9

True/False

When OD practitioners work with the public-sector organization, it may be difficult to get various stakeholders to agree on a common goal.

Differentiate between corporate and occupational deviance and understand the methods used for gaining compliance in corporate deviance.

Recognize the factors contributing to the proliferation of certain forms of white-collar deviance, including tax evasion and unsafe product manufacturing.

Understand the psychological rationalizations of white-collar and corporate offenders in justifying their actions.

Understand the reasons and conditions that facilitate white-collar deviance.

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Definitions:

Outstanding Stock

The total shares of a company's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares.

Unlimited Liability

A legal structure in which the owners of a business are personally liable for all the business's debts, with no limit on the amount for which they can be liable.

Mutual Agency

A principle of partnership where each partner has the authority to bind the partnership in contract with third parties.

Governmental Regulations

Laws and rules established by governments to control or influence business practices and operations.