10 Questions
What is the main reason the company has chosen to decentralize its form of organization?
To achieve profit goals
How are managers of decentralized centers measured in the company?
Profit contribution, market penetration, and return on investment
What are the consequences of a manager failing to meet the objectives set by corporate management?
Demotion or dismissal
What did an anonymous survey among managers reveal about the pressure they faced to compromise their ethical standards?
They felt pressured to compromise their personal ethical standards
Which unethical practice was mentioned as a result of pressure to achieve corporate goals?
Reducing quality control standards
Why was the CEO disturbed by the survey findings?
He believed the company cannot condone such behavior
What action did the CEO feel the company should take regarding the ethical problems?
Address them and take corrective action
What impact did compromising ethical standards have on quality control in certain plant locations?
'Unsafe' products were accepted
How were sales personnel encouraged to obtain orders according to the text?
'Gifts and other incentives' were offered to purchasing agents
What is the primary focus of managers in decentralized centers as per the text?
Maximizing profit contribution and market penetration
Test your knowledge on the foundational concepts of ethics, morality, codes of ethics, and their significance in different professions and business environments. Explore decision-making errors and biases in the context of ethical standards.
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