New PDF release: Advances in Business & Management: Volume 2 (Advances in

By William D. Nelson

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Additional resources for Advances in Business & Management: Volume 2 (Advances in Business and Management)

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This is a rational way to deal with bounded rationality, because the limited processing capacity of the human brain is not distracted by operations that go well. When the relationship proceeds within certain ―tolerance boundaries‖, attention can be given to other problems (Nooteboom, 2002). When these boundaries are crossed, the routine aspect of the trust relationship disappears and agents will pay close attention again to the relationship, collect information and possibly narrow the tolerance boundaries.

1 A typology One can also point to some stable types of contribution to business ethics. Those are characterized here as synthesizing, separating, capturing, re-casting and combining-type contributions. A typology is shown in Table 2 that suggests how components, spanning themes, and types of contributions are inter-related. For example, in synthesizing, the poles of some selected bi-polar component(s) are brought together and unified. Put differently they are reconciled, balanced or harmonized; or cast as complementary, symbiotic, or synergistic.

For example, the theme ―character‖ has informed ―business‖ because the motive to excel is associated with excellence and efficiency, yet virtue ethics also sees that a caring attitude or a commitment to humane ideals is a mark of good character. g. emotional intelligence) but also to ethics or the so-called moral sentiments. Topical Themes Technology, Money, Finance, Poverty Property, Ecology etc. informing Bi-Polar Components Values: justice vs. efficiency Mkt. Limits: compensate vs. Exploit Systems: stakeholder vs.

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