5 Questions
What are some of the dysfunctional behaviors that managers may commit under marketing and financial pressures?
Deceiving, misleading, and blackmailing others
Which type of managerial failure crisis occurs when managers prioritize results over the interests of stakeholders?
Violating the right values and ethics
How are managerial failure crises classified according to their general characteristics?
By the extent of threats accompanying the crisis
What is one of the characteristics used for classifying crises according to their general characteristics?
The extent of threats accompanying the crisis
Under what circumstances do managerial failure crises usually occur when managers are accused of unethical or illegal crimes?
When managers violate the right values and ethics
Study Notes
Dysfunctional Behaviors Under Pressure
- Managers may exhibit dysfunctional behaviors under marketing and financial pressures, which can lead to crisis situations.
Managerial Failure Crisis
- A crisis occurs when managers prioritize results over the interests of stakeholders, compromising ethics and values.
Classification of Crises
- Managerial failure crises can be classified according to their general characteristics.
- Crises can be categorized based on factors such as the level of accountability, scope of damage, and intent of the manager.
Characteristics of Crises
- One characteristic used for classifying crises is the level of accountability, which refers to the extent to which managers are responsible for the crisis.
Circumstances of Crisis
- Managerial failure crises usually occur when managers are accused of unethical or illegal crimes, such as fraud, bribery, or corruption.
Test your knowledge of managerial failure crises, including deception, dysfunctional behavior, and misconduct in management. Explore the impact of social and environmental demands on managerial values and practices, as well as the influence of marketing and financial pressures on managerial conduct.
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