MGM102H5 Chapter Notes - Chapter 3: Invisible Hand, Brand Equity
Document Summary
Ponzi scheme: a type of investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. In many ways, ethics can be thought of as an invisible hand that guides us as we make decisions. With respect to business decision making in general, the formation of our ethical interpretation and, therefore, the invisible hand that guides us comes from four fundamental sources. Many managers are challenged a number of times by decisions that carried with them in weighing the ethical considerations associated with these decisions, i utilized what i term the decisions ethical issues. 2. integrity: is honesty, reliability, ethics, moral judgment. The most important skill you can bring to the workplace is your integrity. Board of directors: the governing body of a corporation, comprising individuals chosen or elected to oversee the management of the organization.
