When Important Decisions Need to Be Made at WBG Construction

question 8

Multiple Choice

When important decisions need to be made at WBG Construction, CEO Greg Burrill asks all employees with relevant knowledge or a stake in the outcome for their thoughts. This collaborative approach recently led to a decision that not only sold a house but also inspired a new floor plan that appealed to a whole new segment of buyers. This is an example of

• A)hierarchical control.
• B)knowledge management.
• C)enabling heroes and drones.
• D)employee empowerment.

Identify the roles and challenges faced by whistle-blowers within organizations.

Analyze the impact of organizational and societal pressures on ethical conduct.

Assess the influence of personal and professional characteristics on ethical decision-making.

Understand the consequences of unethical behavior in business and its impact on stakeholders.

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Definitions:

Total Construction Cost

The complete financial expenditure involved in constructing a building or infrastructure, encompassing material, labor, equipment, and indirect costs.

Operating Cost

Refers to the ongoing expenses associated with the running of a business, such as utilities, rent, payroll, and maintenance.

Location Decision

The process of selecting a geographical location for a company’s operations, facilities, or investments, considering factors such as cost, accessibility, and legal requirements.

Linear Programming

A mathematical method used to find the best possible outcome or solution from a given set of parameters or list of requirements, subject to certain constraints.