Frank Has Discovered That His Employer Is Part of a Group

question 44

Multiple Choice

Frank has discovered that his employer is part of a group of banks that is manipulating interest rates. He would like to stop this practice at his employer but is not sure how best to talk to his boss. He has heard of the GVV (Giving Voice to Values) approach and thinks he may be able to use it successfully because his company has recently implemented new initiatives to empower employees to speak of improvements to business practices. Frank has identified who is affected, what is at stake for them, and how to connect with them. What is his next step, using the GVV analysis framework?

• A) list the values underpinning the different positions in the conflict
• B) consider his personal and professional purpose and choice in this situation
• C) practice what he is going to say with help from a mentor or coach
• D) craft a useful, powerful response that he could use, taking into account multiple options

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Definitions:

Inventory Period

The average time that goods remain in inventory before being sold, reflecting a company's efficiency in managing inventory.

Receivables Period

The amount of time it takes for a company to collect payments owed by its customers after a sale has been made, typically measured in days.

Inventory

The goods and materials a business holds for the ultimate goal of resale or production.

Cost of Goods Sold

Material and labor costs that are directly attributable to the manufacturing of a company’s products.