Under the Practical Rule, a Manager Would Not Be Reluctant

question 47

Multiple Choice

Under the practical rule, a manager would not be reluctant to communicate a decision to people outside the company when

• A)the decision, although unethical, would increase shareholders' wealth.
• B)a typical person would consider the decision acceptable.
• C)a typical person wouldn't care about the decision.
• D)a typical person would be unaware of the harmful implications of the decision.
• E)he/she could blame the top management of the firm.

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Definitions:

Intraorganizational Bargaining

The process of negotiation and compromise within an organization, often related to internal resource allocation, strategy direction, or conflict resolution between different departments or groups.

Medical Benefits

Health-related services and support provided to employees as part of their compensation package.

Hourly Wage Increase

An upward adjustment in the rate of pay received by employees for each hour worked.

Union-Made Component

Products or components that are manufactured by workers who are members of a labor union, often indicating adherence to certain labor standards and support for labor rights.