Question

"Ted, I have some disturbing data," said, Amanda, Vice President of Human Resources. "Our company has suffered increases in turnover, absenteeism, lawsuits by employees and former employees, injury and illness claims, and customer complaints. About the only thing that hasn't increased is our productivity." Ted replied, "I have unfortunately come to recognize these workforce characteristics. They are a sign of____________.

Answer 1

Answer:

 lack of corporate governance                  

Explanation:

In simple words, Corporate governance relates to the  system of laws, procedures, and mechanisms that are utilized to control and guide a company. Poor corporate management will cast suspicion on the credibility, honesty and accountability of a corporation, which can have an effect on its economic health.

A lack of good corporate leadership at just the administrative and executive levels can result in poor management actions, that can really decrease the total profitability of the organization and render it much harder for the enterprise to fulfil its financial commitments.