Shareholders Expect Only Short-Term Value and Therefore Good Managers Should

question 37

True/False

Shareholders expect only short-term value and therefore good managers should only focus on meeting short-term performance targets.

Understand the impact of pressure to achieve goals on ethical behavior.

Comprehend the leadership beliefs that guide socially responsible organizational practices.

Identify criteria for evaluating socially responsible corporate behavior.

Understand the value and components of formal codes of ethics in organizations.

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Definitions:

Informative Message

A singular notice or bulletin released to provide specific details or facts to recipients in a clear and detailed manner.

Credit Limit

The maximum amount of credit that a financial institution extends to a client.

Minutes

Records of a meeting, listing the items discussed, the results of votes, and the persons responsible for carrying out follow-up steps.

Face-To-Face Visits

Personal interactions or meetings conducted in the same physical location as opposed to virtual or remote communications.