MGT 415 Exam 3, Top Exam Questions and answers, 100% Accurate, rated A+

MGT 415 Exam 3, Top Exam Questions and answers, 100% Accurate, rated A+ Who can summarize what the article said VW is doing to resolve the emissions scandal? - -VW said last year that it equipped diesel-powered cars with devices meant to trick emissions tests, allowing the cars to spew higher-than-legal levels of pollutants. How much is the potential cash payment to each consumer? - -$5100 to $10,000 payment to consumers small vehicles ...large vehicle settlement TBD How many vehicles have to be bought back or fixed for VW to avoid further fines? - -85% of cars have to be fixed or bought back Business ethics concerns: a) developing a consensus among companies worldwide as to what ethical principles businesses should be expected to observe in the course of conducting their operations. b) what ethical behaviors should be expected of company personnel in the course of doing their jobs. c) the application of general ethical principles to the actions and decisions of companies and the conduct of their personnel. d) developing a special set of ethical standards for businesses to observe in conducting their affairs. e) picking and choosing among the consensus ethical standards of society to arrive at a set of ethical standards that apply directly to operating a business. - -c) the application of general ethical principles to the actions and decisions of companies and the conduct of their personnel. Unethical managerial behavior tends to be driven by such factors as: a) the pervasiveness of immoral and amoral business people. b) overzealous pursuit of personal gain, wealth, and other selfish interests. c) a company culture that puts the profitability and good business performance ahead of ethical behavior. d) heavy pressures on company managers to meet or beat earnings targets. e) All of these. - -e) All of these. Which of the following represents a justifiable reason for why a company's strategy should be ethical? a) An unethical strategy reflects badly on the character of the company personnel involved. b) A strategy that is unethical in whole or in part is morally wrong. c) Pursuing an unethical strategy damages a company's reputation and can have costly consequences. d) An ethical strategy is good business and is in the best interest of shareholders. e) All of these. - -e) All of these. The three dimensions of performance are often referred to in terms of the "three pillars" and include: a) People, planet, and profit. b) People, which refers to the various social initiatives that make up the CSR strategies. c) Planet, which refers to a firm's ecological impact and environmental practices. d) Profit encompasses the economic impact (value and costs) that the company has on society. e) All of these. - -e) All of these. Which of the following is NOT among the principal managerial components of the strategy execution process? a) Building an organization with the competencies, capabilities, and resource strengths needed to execute strategy successfully. b) Instituting policies and procedures that facilitate rather than impede strategy execution. c) Deciding which core competencies and value chain activities to leave as is and which ones to overhaul and improve. d) Adopting best practices and pushing for continuous improvement in how value chain activities are performed. e) Tying rewards directly to the achievement of strategic and financial targets and to good strategy execution. - -c) Deciding which core competencies and value chain activities to leave as is and which ones to overhaul and improve. The three components