Conflicting Interests Flashcards

1
Q

Employees and Shareholders

A

Employees require safe working conditions and reasonable wages, but this will reduce the LSO,s and divedends to shareholders

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2
Q

Management and Customers

A

Management could attempt to maintain profit and high dividends to satisfy shareholders by raising the price of products, but this will upset customers, who expect reasonably price products

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3
Q

Management and members of the community

A

management might decide to cut costs by neglecting maintenance, which could possibly put members of the community in danger

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4
Q

Suppliers and members of the community

A

Suppliers expect to be paid fairly and promptly, but they may reduce costs by using unethical or socially irresponsible practice, which can upset the members of the community

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