One Managerial Implication of the Justice Model Is That Managers

question 7

Multiple Choice

One managerial implication of the justice model is that managers should base their decisions on:

• A) whatever stockholders want because they own the company.
• B) what provides the maximum benefit to most stakeholders.
• C) whatever promotes a fair distribution of outcomes to stakeholders.
• D) arbitrary factors.
• E) the organization's culture.

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Definitions:

Market Efficiency

A scenario where all existing information is entirely accounted for in the prices of assets, rendering it impossible to consistently outperform the market average in terms of returns.

Government

An organized system that establishes rules and regulations, governs, and provides services to its constituents.

Taxes

Essential fees levied by authorities on personal and corporate income, or added onto the costs of selected merchandise, services, and operations.

Tax Revenue

Income earned by the government from taxing individuals and businesses.