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LiRa [457]
4 years ago
11

Echo Air Company (EAC)Echo Air Co. is a well-known establishment in the airline business. It is currently one of the top firms i

n the industry. The company prides itself on good customer service and being concerned with the broader societal good. EAC management is not only concerned with doing things right, but also with doing the right things. Many of their decisions reflect this philosophy. Initially, the company had a problem with employees reporting their suspicions about unethical behavior to the press instead of to EAC management.
As a result, the company made sure its employees knew the firm's guidelines on fixing ethical issues. EAC also developed a code of conduct based on standards that continue to be upheld within the company. Since the code of conduct has been put in place,there have been fewer ethical violations.Although employee salaries at EAC are not as high as those at competing firms, the company experiences very low employee turnover. The firm has created a corporate culture that not only makes its employees want to stay, but that also results in higher profits.
If EAC can maintain the relationship it has built with its employees and customers, it will have little difficulty keeping up its remarkable success. ​ Refer to Echo Air Company. Initially, employees were not willing to go to EAC management with ethical issues but would instead report them to the press.

This is an example of :A. whistle-blowing.B. a social audit.C. poor employees.D. opportunity emptor.E. a narc.
Business
1 answer:
Katarina [22]4 years ago
4 0

Answer:

A. whistle-blowing.

Explanation:

Whistle-blowing occurs when an employee exposes information of wrong-doing, unethical practice, or illegal actions. The information released can either be to internal authorities or it can be released to external parties.

When an employee does not have confidence that appropriate action will be taken on the information provided, employees tend to go to external parties with the information.

This was the case with EAC above where the staff were going to the press. EAC now set up a whistle-blowing framework that increased employee confidence and reduced turn-over.

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2. The feature of the general version of the arbitrage pricing theory (APT) that offers the greatest potential advantage over th
Simora [160]

Answer: Use of several factors instead of a single market index to explain the risk-return relationship

Explanation:

Arbitrage pricing theory (APT) is when the return on an asset is forecasted when the linear relationship which exist between the expected return of the asset and the macroeconomic variables are being considered.

Capital Asset Pricing Model (CAPM) helps in showing the relationship that take place between systematic risk and an asset expected return.

The feature of the general version of the arbitrage pricing theory (APT) that offers the greatest potential advantage over the simple CAPM is the use of several factors instead of a single market index to explain the risk-return relationship as it's more robust when compared to the CAPM.

3 0
3 years ago
Which of the following best describes a leveraged buyout fund's acquisitions? a. Investing in early stage businesses b. Investin
sergij07 [2.7K]

The best describes a leveraged buyout fund's acquisitions is Investing in mid-sized businesses.

Explanation:

A leveraged buy (LBO) is a takeover of another company which is spending a substantial amount of money to offset the acquisition cost. In addition to the acquired company's assets, assets are often used as collateral for the loans.

One of the largest LBOs reported in 2006 was Kohlberg Kravis Roberts & Co. (KKR), Bain & Co., and Merrill Lynch's takeover of Hospital Corporation of America (HCA).

In leveraged buy-outs (LBOs), the ratio of debt to equity is usually 90% to 10%.

5 0
4 years ago
If the incentive to take advantage of a conflict of interest is high Question 3 options: A) removing the economies of scope that
GuDViN [60]

Answer:

The correct answer is letter "D": the costs of non-action in removing the conflict will always be higher than the cost of removing the conflict.

Explanation:

Conflicts of interest arise in organizations when the personal interest of a representative contrasts the interest of the company typically resulting in an unethical action. An example of a conflict of interest is influencing the recruitment of an applicant because the representative knows that person.

<em>In case the cost of conflict is high, even higher will be the cost of non-action in removing the conflict since it will be detrimental for the company's interest over the long run.</em>

5 0
3 years ago
The legacy "high-3" retirement system for the uniformed services requires service members to serve _____ years of active duty, o
Free_Kalibri [48]
<span>The legacy "high-3" retirement system for the uniformed services requires service members to serve 20 years of active duty.
The high-3 require its receivers give 'defined contribution', which include that they must complete various type of services for at least 20 years.</span>
5 0
4 years ago
Focus groups should be comprised of how many people? Three to five people Six to eight people Eight to 12 people 10 to 12 people
gregori [183]

Answer:

3-5 people

Explanation:

It's called a focus group for a reason. If there were 8-12, or 10-12 people, the others might not be able to focus. But there are people who need others to focus, so 3-5 would be a perfect number per group.

hope it helps! :3

6 0
3 years ago
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