Managers Cannot Impose Ethical Behavior by Force, but They Can

question 13

True/False

Managers cannot impose ethical behavior by force, but they can develop a culture that supports ethical behavior.

Understand the process of ‘selling’ negotiation outcomes to relevant stakeholders, emphasizing agreement implementation and adherence.

Understand the legal and ethical considerations in making unilateral changes to employment terms.

Comprehend the challenges and benefits of integrative bargaining in collective bargaining processes.

Identify strategies for employers to engage with employees without violating the National Labor Relations Act.

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Definitions:

Bank Reconciliation

The process of matching the balances in an entity’s accounting records for a cash account to the corresponding information on a bank statement.

Cash Account

An account that tracks the amount of cash on hand, including currency, checks, and balances in bank accounts.

Accounts Receivable

Debts owed by clients to a firm for goods or services provided but not yet compensated for.

Sales Revenue

The overall amount of money a business earns through the sale of products or services, prior to deducting any costs.