Question

Google has a routine in which Eric Schmidt, the chairman of the board of directors, will...

Google has a routine in which Eric Schmidt, the chairman of the board of directors, will share the board materials with all of the employees to ensure complete transparency. What concept best explains his behavior?

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The concept that best describes the behavior of Eric Schmidt is good corporate governance. In this concept, the top management of the company follows certain practices that create transparency in the business process. Corporate governance makes the information available to all the employees of the company and also make them all equally responsible for the growth of the company. It creates a positive relationship between the company management, stakeholders, and the employees. It helps in avoiding conflicts, improves the performance and accountability as well. So having good corporate governance is one of the best practices followed by Google.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Mathew, a senior marketing manager, is preparing a presentation for the board of directors of his...
Mathew, a senior marketing manager, is preparing a presentation for the board of directors of his company. The presentation depicts the pattern of sales for the company's top products in different geographical areas. Mathew uses graphs, charts, and tables to present the data. However, the evening before the presentation, he hears that the board of directors considers visuals and data displays a waste of time. In this scenario, which of the following should Mathew do in order to ensure that...
1. Who is responsible for the preparation of financial statements? The Board of Directors External auditors...
1. Who is responsible for the preparation of financial statements? The Board of Directors External auditors Shareholders Company management 2. On December 1st a company pays $1,380 to a catering company for the company Christmas party scheduled for mid December 2015. In recording this transaction the December 31st financial statements would reflect: a decrease to assets and a decrease to shareholders' equity. a decrease to liabilities and a decrease to shareholders' equity. a decrease to assets and an increase to...
Moville is a small island in the eastern Caribbean which has a population of approximately 6,500...
Moville is a small island in the eastern Caribbean which has a population of approximately 6,500 persons and only one bank, the National Bank of Moville (“NBM”). NBM is experiencing some legal woes with the Kardashka family. The Chairman of the Board of Directors of NBM and head of the Kardashka family is Robert Kardashka, a self-made billionaire who owns two of the four hotels in Moville. Robert does not have a university degree and has no experience in the...
24) Hardy Lumber has a capital structure that includes bonds, preferred stock, and common stock. Which...
24) Hardy Lumber has a capital structure that includes bonds, preferred stock, and common stock. Which one of the following rights is most apt to be granted to the preferred shareholders? 24) A) Right to all residual income after the common dividends have been paid B) Right to share in company profits prior to other shareholders C) Right to elect the corporate directors D) Right to a permanent seat on the board of directors E) Right to vote on proposed...
‏____ 34. Jane Doe, who has substantial personal wealth and income, is considering the possibility of...
‏____ 34. Jane Doe, who has substantial personal wealth and income, is considering the possibility of starting a new business in the chemical waste management field. She will be the sole owner, and she has enough funds to finance the operation. The business will have a relatively high degree of risk, and it is expected that the firm will incur losses for the first few years. However, the prospects for growth and positive future income look good, and Jane plans...
With reference reference to our Session 2 Case Study (Facebook and Google) respond to the following...
With reference reference to our Session 2 Case Study (Facebook and Google) respond to the following question: 1. Do people who use Facebook have a legitimate claim to privacy when they themselves are posting information about themselves? Explain your position. 2. What ethical, social, and political issues exist? Briefly explain your response. CASE In a 2010 interview, Mark Zuckerberg, the founder of Facebook, proclaimed that the “age of privacy” had to come to an end. According to Zuckerberg, social norms...
In July of 2015, your organization, which has maintained a flawless record with the EEOC, was...
In July of 2015, your organization, which has maintained a flawless record with the EEOC, was contacted regarding lack of compliance with EEOC standards. As the Director of Human Resources, you recognize that failing to comply with EEOC regulations is a major problem. Case Alan James, age 57, has been working for Organization X since its beginning in 1988. Alan is a hard worker who is dedicated to personal and organizational success. Since the company’s beginning, Alan has worked his...
Read Case 8.1, "The (Mis) Behavior of Successful CEOs Leads to Their Departure," and answer the...
Read Case 8.1, "The (Mis) Behavior of Successful CEOs Leads to Their Departure," and answer the following questions: Chief Executive Officers (CEOs) are responsible for the overall direction and performance of their organizations. Arguably, no one in a firm has a greater impact or accountability than its CEO and with very few exceptions, the road to CEO is a long one. A career-long vetting process is intended to allow only the most talented managers to rise to the top. While...
1. You have been hired by the Board of Directors of firm XYZ as a part...
1. You have been hired by the Board of Directors of firm XYZ as a part of a team, tasked with the valuation of a potential acquisition target. You have collected the following publicly available information about the target company: • The common stock of the company is currently selling for an average of $40 per share. There are 6.5 million shares outstanding. The annual dividend that the company just paid was $2.60 per share. • The company has two...
When Howard Schultz founded Starbucks in 1987, he wanted to create a company that would genuinely...
When Howard Schultz founded Starbucks in 1987, he wanted to create a company that would genuinely care for the well-being of its employees. He had been very influenced by his memories of his father, noting that his father “struggled a great deal and never made more than $20,000 a year, and his work was never valued, emotionally or physically, by his employer … This was an injustice … I want our employees to know we value them.” He also believed...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT