During the recession of 2008-2009, many reputable companies suffered bankruptcies while others struggled to survive. Of those
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Question:
In response to this problem, the CEO decides to lay off some of her employees, hoping to cut costs and to improve the bottom line.
This action raises investor confidence and, consequently, the stock price goes up. What is your impression of the CEO's decision? Was there any kind of ethical lapse in laying off the employees, or was it a practical decision necessary for the survival of the company
This question comes from the book, Business Ethics: Decision Making for Personal Integrity and Social Responsibility
Related Book For
International Business Law And Its Environment
ISBN: 9781305972599
10th Edition
Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge
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