What are the major corporate issues?

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What are the major corporate issues?

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  • 06 Sep, 2018

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ANSWERS (7)

For the collection of information or the variables, the data is collected in a systematic manner so that the accurate answers are there. Some of the best techniques are:

o   Questionnaire

o   Interviews

o   Records and documents.

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The corporate issues involve:

1.       Taking the decisions of the board in right way

2.       Evaluating the performance of the employees

3.       Complete rule of directors also creates issues for the personnel

4.       Independent directors are removed sometimes

5.       Answerability to shareholders

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The organisation suffers due to various reasons such as:

·         Compensation of the employees is an issue if the employer is biased.

·         The control of founders and their planning towards succession is also troublesome for the employees.

·         Managing the ascertained risks.

·         Protection of data and security of data.

·         Corporate social responsibility if not understood well by the boards can be troublesome for the employees.

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The common issues arise in corporate are:

·         There can be certain conflicts related to the personal interests of the employees. the contradiction in the thoughts can be there anytime.

·         There can be overnight issues that are related to the executive staff working under the board of directors.

·         All the employees working in the organisation are accountable to their corresponding head. Thus, there can be issues related to it.

The violation of ethics can also be the problematic situation in the organisation whether it be the upper management or lower management.

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The Corporate issues can be due to following reasons:

o   The diversity in gender

o   The response to the crisis can also be one of the reasons.

o   The complexities of the fundamentals of business

o   The partnerships and their disputes.

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The corporate culture is diverse and the issues are a common part of it. it can start from trifles and end at taking the most important decisions in the company. But there must be some alternative solutions to the problems. 

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1.       A complete transformation of the workforce

2.       The culture if innovation or proactive approach

3.       Democratization in the business

4.       The active role of shareholders

5.       Disruption in the events or decisions.

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