Many businesses take out insurance to mitigate potential risk exposures and uncertainties – such as flood, hurricane, fire, burglary, etc. They install security systems to safeguard against theft and other threats, and back up data to protect proprietary information. There is a tendency to get too busy with the day-to-day operations to the detriment of making […]
Business Ethics reflect in the activities and mindset of corporates, compel them to operate responsibly and within the bounds of moral constraints. These also dictate the behaviours and policy responses of businesses in difficult ethical situations and indeed form the basis for good corporate governance practices. In August 1970, Ford Motors began producing the Ford […]
There are some common misconceptions about the role of the Board of Directors. Some people think the Board is a mysterious group of people who waltz into head office and shut themselves in the Boardroom every quarter with stern faces, attending long and boring meetings where they criticize and lambast Management. Another group believes the […]