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Organizations are susceptible to an array of crises. There are different types of threats with no "one way" to manage them. This reality presents multiple business challenges to those in leadership positions. Each manager is responsible for managing risks within their own sphere of operations and area of responsibility. To this end, one must understand that crisis leadership is a process. For this assignment, you are required to identify a business crisis issue that interests you and develop a report.
Directions:
Address the following in your report:
Utilize at least three scholarly sources (in addition to your textbook) to complete your research, referencing the sources within the text and at the end in a reference list.
With information that you gained from an Internet and literature search, discuss the concept of satisficing. In your answer, discuss the positive and negative aspects of applying satisficing in decision-making.
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Analyze how the process of establishing a stakeholder orientation impacts business ethics and social responsibility by completing the following:
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