FUNDAMENTALS FOR SUCCESS IN
BUSINESS UPDATED ACTUAL QUESTIONS
AND CORRECT ANSWERS COMPLETE
STUDY GUIDE
●● A job candidate asks questions during an interview to determine if
personal life goals align with those of the organization. Which factor is
the candidate using to guide the decision?
Answer: Values
●● A company insists on treating suppliers with respect and refuses to
push them to the lowest pricing possible. Which level of organizational
ethics is being used by the company?
Answer: Stakeholder Issues
●● A retail company frequently updates its principles, rules, and
guidelines to reflect input by employees. Which level of organizational
ethics is being illustrated by this company?
Answer: internal policy issues
●● Which group is responsible for setting the ethical tone of a
corporation?
Answer: Managers
, ●● A company is working hard to establish objectives that promote
ethics and standards. What term describes how these objectives are
defined?
Answer: Specific and measurable
●● A CEO of a company wishes to create training material that clearly
indicates shared assumptions, values, and beliefs. What term is this
material describing?
Answer: Organizational Culture
●● A corporation is expanding its operations from being based solely in
the US to having operations in China and Europe. The CFO is concerned
about variations in attitudes, values, and goals that may be seen across
these regions and how they will impact the company.
Answer: International business culture
●● A company has embraced the philosophy of CSR. Which practice
reflects this commitment?
a. holding a food drive to support local residents in need
b. ensuring that local, state, and federal taxes are paid on time
c. abiding by state environmental laws
d. providing the workers with fewer coffee and tea during their shifts
Answer: a. holding a food drive to support local residents in need
BUSINESS UPDATED ACTUAL QUESTIONS
AND CORRECT ANSWERS COMPLETE
STUDY GUIDE
●● A job candidate asks questions during an interview to determine if
personal life goals align with those of the organization. Which factor is
the candidate using to guide the decision?
Answer: Values
●● A company insists on treating suppliers with respect and refuses to
push them to the lowest pricing possible. Which level of organizational
ethics is being used by the company?
Answer: Stakeholder Issues
●● A retail company frequently updates its principles, rules, and
guidelines to reflect input by employees. Which level of organizational
ethics is being illustrated by this company?
Answer: internal policy issues
●● Which group is responsible for setting the ethical tone of a
corporation?
Answer: Managers
, ●● A company is working hard to establish objectives that promote
ethics and standards. What term describes how these objectives are
defined?
Answer: Specific and measurable
●● A CEO of a company wishes to create training material that clearly
indicates shared assumptions, values, and beliefs. What term is this
material describing?
Answer: Organizational Culture
●● A corporation is expanding its operations from being based solely in
the US to having operations in China and Europe. The CFO is concerned
about variations in attitudes, values, and goals that may be seen across
these regions and how they will impact the company.
Answer: International business culture
●● A company has embraced the philosophy of CSR. Which practice
reflects this commitment?
a. holding a food drive to support local residents in need
b. ensuring that local, state, and federal taxes are paid on time
c. abiding by state environmental laws
d. providing the workers with fewer coffee and tea during their shifts
Answer: a. holding a food drive to support local residents in need
