Answer:
departmentalization
Explanation:
Departmentalization is defined as the process of grouping various activities according to departments.
Each department tends to specialise in the assigned activity. This method promotes division of labour where a group of people specialise in one activity.
In the given scenario James is restructuring operations around three product lines to increase speed and effectiveness of decision making.
This is departmentalization with a view of increasing process efficiency
Answer:
- Yes it is.
- Ethical issue ⇒ Insider Trading.
Explanation:
Trading on the stock exchange is supposed to be as fair as possible so that every investor has a fair chance of making returns. If a person - like this supervisor - is using information that is material but not publicly disclosed yet to trade on markets, the fairness of the market is compromised because the person will have an edge over other investors which will enable them make unfair profits.
Information on quarterly returns is usually material so we can expect it to be material here as well which means that the supervisor is engaged in insider trading.
Insider trading is not only unethical but also highly illegal. Reporting your supervisor can get them sent to jail.
Answer:
The incorrect statement about Venture capitalists is:
Venture capitalists usually assume active roles in the management of the financed firm.
Explanation:
Venture capitalists are high net worth individuals with managerial competence or experience seeking for new businesses to invest in. In exchange, they ask for an equity stake in the company they finance.
Venture capital financing is the type of funds that are given to invested into viable businesses in their budding stage by investors that see long term growth potential in them. it is a form of private equity.
Venture Capitalist never assume active roles in the management of the financed firm. however, if they have the technical know how, they may pitch in passively from time to time to advice.
A mortgage is the resource available to home providence to recover the loan.
A mortgage is defined as a legal agree between a bank/creditor with a a person or business. They lend money with an interest rate in exchange for having full ownership of the persons title (house/business building) if the person does not pay.
Answer:
- Ethical Behavior.
Explanation:
The National Business Ethics Survey revealed that senior management is required to <u>begin with taking the responsibility and enforcement in case they are willing to improve 'ethical behavior' in the company</u>. Ethics begins with taking the accountability of the actions or decisions taken as it encourages fellow employees to follow the norms or policies of the company. It promotes maintaining the moral conduct and standards of the company. This would assist in preventing discrimination and fulfilling corporate responsibilities.
