Term
| 2 major forces that determine how a corporation is run |
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Definition
| values and ethics of those who have fiduciary responsibility |
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Definition
| statement of ideal standards that the organization is committed to uphond in its business practices |
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| statement of behaviors that the organization expects from employees; inherent in the conduct is the idea that disciplinary action would be the result of violating the behavioral standard |
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Term
| 10 topics to consider when creating a code of ethics |
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Definition
1) conduct statement
2) honesty
3) integrity
4) confidentiality
5) conflucts of interest
6) insider information
7) gifts
8) personal use of company assets
9) workplace privacy
10)fairness |
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Term
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Definition
| firm adherence to a code of moral values |
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Term
| what should the code of ethics contain in relation to workplace privacy? |
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Definition
| a statement about the use of surveillance and monitoring to reduce the risk for claims of invasion of privacy |
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Term
| a prima facie violation includes what 4 elements? |
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Definition
1) ee was engaged in a protected activity
2) er knew or suspected that the ee was engaged in protected activity
3) ee suffered an unfavorable employment action
4) sufficient circumstances existed to infer that a contributing factor to the unfavorable action was the ee's participation in the protected activity |
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Term
| useful metrics for the strategic management area of the BOK include? |
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Definition
business impact measures
tactical accountability measures |
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Term
| who has the responsibility to establish processes to facilitate confidential reports of possible violations? |
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Definition
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Term
| What has driven the growth and decline of organizations? |
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Definition
| technological developments |
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Term
| technological developments often lead to __________ |
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Definition
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Term
| What are the 4 business structures that all US business are organized in to? |
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Definition
1) sole proprietorship
2) partnership
3) corporation
4) limited liability company |
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Term
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Definition
| director with operational responsibilities who is employed by the organization such as the CEO, CFO or another officer of the corporation |
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Definition
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Term
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Definition
| group elected by the shareholders to represent the sharholders' interests with management |
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Definition
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Term
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Definition
| various influences and processes that impact the way corporations are managed and the relationship between its stakeholders, principally the shareholders, board of directors and management |
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Term
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Definition
| similar to a general partnership but formed to manage a specific project or for a limited time frame |
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Term
| 4 characteristics that define corporations |
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Definition
1) liability is limited to assets owned by the corporation
2) the life of the corporation can extend beyond the life of its original owner/founder
3) there is central management structure
4) ownership may be transferred freely or by selling stock |
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