When Jim Willis, Marketing Manager learns that the launch date for the company's new satellite will be late by at least a year, he is told by the company's CEO to continue using the earlier published date for the launch. When Jim protests that the use of an incorrect date to market contracts was unethical, he is told that spacecraft are never launched on time and that it is common industry practice to list unrealistic launch dates. If a realistic date was used, no one would contract with the company. When the board of directors knew about the case, no actions were taken from its side, since the board doesn't know what to do and it doesn't want to get involved at all. (Answer the following three questions) Your answer In reference to the case, the board is considered as: Rubber stamp Phantom Catalyst Minimal review The problem can be summarized as follow: Sales people are sometimes asked to withhold information concerning shipping delays, production delays, possible labor unrest product quality issues, and other customer relevant information One of the greatest threats to a sales person's personal integrity and long term relationship with clients is pressure from within their own company to withhold relevant information The fear of losing contracts, income, and job status often cause members of a firm to act outside of integrity All of the above If the company becomes aware of the environmental, social, and economic impact caused by a business and decides to implement a wide range of initiatives to improve its profit, the quality of life of people inside and around it. as well as the environment; then, the company will be using the necessary business practices in: Managing its environmental responsibility Creating a sharper focus on what is strategically important Improving its understanding in a rapidly changing environment Managing the triple bottom line B2B Holding has ten directors on the board. One of them sits on a board of another corporation, and another is purely responsible to handle insurance advise. Which of the following serve on the board of B2B Holding? Retired executive directors & family directors Retired executive directors & affiliated directors Affiliated directors & indirect interlocking directorate Affiliated directors & direct interlocking directorate Strategic planning becomes increasingly important as the environment becomes more stable. True False Affiliated directors are not employed by the corporation. They usually handle Affiliated directors are not employed by the corporation. They usually handle legal or insurance work O True False Board of directors should ensure sustainable practices * O True O False