Social Studies, 30.04.2021 14:40, giovney

CASE 1 - Disclosing of Information to Employees A CEO of a company discovers that the company is in serious financial difficulty. It seems inevitable that some employees will have to be retrenched to save the company. However, the CEO is uncertain about how this situation should be handled. Should he disclose this information as soon as possible to the employees so that it will give them more time to find alternative employment and accept this retrenchment?

The company has a strong Labour Union and one of the requirements is that all matters connected with the employees must be informed to the union so that the union can enter into negotiation with the company. The CEO and the senior managers of the company feel that this is their right to retrench and that no one should interfere with this right.

It is the thinking of the authorities that on the other hand, if this information is disclosed, the employees would be angry and would create trouble or labour unrest or may also sabotage the work process. The employment contract also says that the company is obliged to inform the employees with regards to any job changes. The CEO is having difficulty and doubt with this problem. You are the manager involved directly with the CEO to carry out this action and what would you do?

What is the ethics factor in this situation? – Discuss (10 Marks)

Answers: 3

Show answers

Other questions on the subject: Social Studies

Social Studies, 22.06.2019 05:00, Chrisis9987

Between 1518 and 1548, spanish conquistadores conquered most of the new world, motivated by the a) desire for scientific knowledge. b) to urge to claim more territory for spain. c) belief that an all-water western route to the orient existed. d) desire to advance national glory, serve god, and seek personal wealth.

Answers: 1

continue

Social Studies, 22.06.2019 10:30, shaymabejja1965

According to the federal regulations, which of the following studies meets the definition of research with human subjects? a study of twenty 4th grade classrooms in which researchers ask the schools to systematically vary the time of day reading is taught, and collect weekly assessments of reading comprehension for each child over a three-month period. the collection of data, by a playground designer hired by the superintendent of schools, about the physical dimensions of school playgrounds, presence of fencing, and the kinds of equipment currently provided. a feasibility study for implementing a year-round school program, focusing on economic issues such a facilities utilization and transportation costs. an analysis of aggregate data comparing statewide high school graduation rates provided by the state department of public instruction, using county tax information.

Answers: 2

continue

Social Studies, 22.06.2019 15:30, arianawelsh123l

He constitution dictates that the presiding officer of the senate is the a) majority whip. b) vice-president. c) majority leader. d) speaker of the house.

Answers: 2

continue

Social Studies, 22.06.2019 17:00, npaslayoy1bzj

Why are the majority of the world's economies mixed? what may happen to the "pure" types of economies (traditional, socialist/command, market capitalist) when they incorporate elements from other economic models?

Answers: 3

continue

Do you know the correct answer?

CASE 1 - Disclosing of Information to Employees A CEO of a company discovers that the company is i...