You Decide - You Decide Week 5 1 You Decide General Oil...

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You Decide Week 5 You Decide General Oil Company By Russ Graziano GM 5920 Professor Norsworthy 1
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You Decide Week 5 The unintentional accounting error resulted in an overstatement of profit for the previous quarter. As the new CEO of General Oil and Power, you must make a decision on how to act that will adhere to the SEC guidelines as well as ensure all stakeholders are protected. 1. Question: What is the first step you will take in developing a strategy to respond to this situation? You must first decide who is affected how they are affected and ho much we are affected. Then I would first bring all of the executive officers together and ask their opinions on the situation. Knowing the situation at hand I would make the decision to postpone the meeting and have the VP of publicity make a plan of action for rescheduling and for damage control. Then I would have the CFO develop a plan to find out what happen and how he will include me in all communications. I would then have the CFO and the VP of ethics paired together until the matter has been resolved, so that she is in
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You Decide - You Decide Week 5 1 You Decide General Oil...

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