General Studies · Business Ethics
When balancing financial efficiency with social responsibility during a restructuring process, which of the following would be the most appropriate managerial intervention?
- 1Delegating closure decisions entirely to external consultants
- 2Introducing stakeholder impact assessment before major restructuring decisions✓
- 3Linking managerial incentives solely to profitability ratios
- 4Immediate reversal of all branch closures irrespective of cost implications
Correct answer
Introducing stakeholder impact assessment before major restructuring decisions
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