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A Company Executive Has the Task of Downsizing the Company

question 45

Essay

A company executive has the task of downsizing the company to prevent bankruptcy and has to make decisions about company actions and messages related to this reduction in the number of employees.Describe at least three ethical considerations.


Definitions:

Consideration

An item of worth provided by each party involved in a contract, motivating them to agree to swap obligations reciprocally.

Ownership Right

The legal right to possess, use, control, and dispose of property or an asset.

Possessory Right

This term refers to the right of an individual or entity to possess or control a certain property or asset.

Mislaid

Property that is placed somewhere intentionally and then forgotten by the owner, distinguishing it from lost or stolen property.

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