Unit One: Case Incident 2
The Global Recession and Workplace Malfeasance
1. Does this case prove economic downturns and company layoffs fail to lead to workplace malfeasance? Why or why not? This case proves economic downturns and company layoffs lead to workplace malfeasance. According to dictionary.com malfeasance is the performance by a public official of an act that is legally unjustified, harmful, or contrary to law. It is also defined as wrongdoing (used especially of an act in violation of a public trust. According to the case incident “These companies often produce press releases, which then work their way into the media and presumably generate potential clients for the organizations” (Robbins & Judge, 2010, pg. 35). This statement has led me to believe that companies use press releases to make their situation seem worse than it actually is in order to gain clients for their organization.
2. Does the case prove we can learn nothing from the business press? The case proves that we can learn something from the business press however we should not believe everything we read. According to the case, “MSN Money, under the headline “Businesses See Rise in Employee Theft,” reported the poll results as follows: “When asked if they had noticed a recent rise in monetary theft among employees, such as fraudulent transactions or missing cash, 18% said yes, 41% were unsure and the rest said they hadn’t” (Robbins & Judge, 2010, pg. 35). However, put a different way 18% agreed that theft was up and 82% either disagreed or weren’t sure. Based on MSN Money’s report it sounds like theft really has increased however if you look at it another way most companies said they haven’t seen an increase or they just haven’t noticed a rise in theft.
3. Does this chapter provide any clues for how you can be an informed consumer of business news on OB issues? In some way’s this chapter provides clues for how you can be...