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Unit 2: Mind Map - Coggle Diagram

- - - - Participating: Share ideas. High support, low guidance.
      - Selling: Explaining decisions. High support, high guidance.
      - Delegating: Turn over decisions. Low support, low guidance.
      - Telling: Give instructions. Low support, high guidance.
  - - - Authority Decision
      - Consultative Decision
      - Group Decision
    - - Decision Quality
      - Decision Acceptance
      - Decision time
- - - - Used to accomplish a narrow range of purposes within a stated time horizon. They function with little supervision.
    - - Created by members of the group themselves for purposes that may or may not be relevant to organizational goals.
    - - Used to accomplish a number of purposes with an unspecified time horizon.
- - - - Fair Trade: A movement focused on helping workers (the producers of products) negotiate better wages and conditions.
      - Practice of hiring service providers from countries where labour costs are lower to complete some or all of the steps in the production process.
    - - Paris Accord- Trump Debate
      - Apple and Samsung destroying coral reefs in 2013
      - Nestle water-sourcing in California
      - Marineland- animal cruelty
    - - Pyramid Scheme: Business model that involves promising people payment or services, primarily for enrolling other people into the scheme. Your income is based mainly on the number of people you recruit opposed to sales.
      - Ponzi Schemes: A company generates returns for older (and bigger) investors through revenue paid by new investors, instead from legal business activities.
      - Insider Trading: Not always illegal- when it's legal it is simply when corporate insiders buy or sell their own company stock. (must follow rule)
      - Tax Evasion/Fraud: Not claiming income and claiming expenses for tax write-offs that you are not entitled to.
      - Embezzlement: A type of accounting fraud where an accountant or senior executive creates false accounts and redirects money to them for personal gain.
    - - Tricking the consumer into what they are actually getting.
      - Jamie Oliver: Beef Processing
      - Mattel Scandal
    - - All the activities involved in getting goods and services from businesses that produce them to the consumers who wish to purchase them.
    - - Tim Hortons: Camps for Kids
      - Roots: Right to Play
  - - - Rules that help us tell the difference between right and wrong.
    - - Influenced by race, religion, cultural background, education, family values and your own experiences.
    - - An ethical dilemma is a moral problem with a choice between potential right and wrong.
  - - - Managements only responsibility in running a business is to maximize profits, principle concern is to raise a shareholder value. Arguments against social responsibility include fears that it will reduce profits, raise costs and give business too much social power.
    - - Management of any organization must be concerned with broader social welfare and not just corporate profits. Arguments in favour of social responsibility are that it will add long-run profits for business, improve public image, and help them avoid government regulation.
- - - - This type of leadership is more relaxed and supportive. They are usually more laid back and give little to no direction. They trust their employees will complete their work.
    - - This leadership style focuses on the input of others. They are more concerned with how decisions are made and that everyone has a voice.
    - - These leaders take authority and are more controlling. They are more oriented towards productivity and goals. They also tell others what to do and usually do not look for other opinions or input.
- - - - The power to force compliance by psychological, emotional or physical threats.
    - - Derived from information or expertise
    - - The power to give or withhold rewards.
    - - Comes from the support of a group and networks of influence.
    - - Granted through the organizational hierarchy.
    - - based on identification with; imitation of, loyalty to and charm of the leader.