ADM 1301 Chapter Notes - Chapter 12: Employee Engagement, Motivation, Earnings Before Interest And Taxes
Document Summary
Chapter 12: ethics and responsibilities in the workplace and marketplace. Commitment by employees to the organization they work for. Loyalty can be shown by employers to employees. The emotional and intellectual commitment of and individual or group to an organization that supports building and sustaining business performance. Companies with engaged employees: grew profits 3 times faster, 87% less staff turnover, 20% better performance, operating income improved by 19% in one year, brings out creative ideas. Engaged employee behaviors: say: consistently say positive things about the organization, stay: intend to stay with the organization, strive: strive to achieve above and beyond what is expected in their daily role. Privacy of personal information is regulated by the federal government"s personal information protection and electronic documents act, and other provincial legislation. They dictate goods and services to be provided. Economic system operates more efficiently when consumers determine production. Consumers starting to demand increased attention to csr (i. e. organic food, cotton, energy saving practices)