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Many Organizations Are Placing Increasing Importance on Values and Ethics

question 75

Essay

Many organizations are placing increasing importance on values and ethics in the workplace. Discuss two reasons why workplace values have become more important in recent years. Your answer should briefly define values and ethics.


Definitions:

Takeover Bid

An offer made to acquire a controlling stake or all of a company's shares, either friendly or hostile.

Consolidation

The process of combining two or more companies into a single entity to enhance competitive strength and efficiency.

Merger

The combination of two or more companies into a single entity, with the aim of achieving greater efficiencies or market share.

Acquiring Firms

Companies that purchase other companies in mergers and acquisitions to grow in size, diversify, or achieve other strategic goals.

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