D072 Fundamentals for Success in Business Comprehensive Test Review

D072 Fundamentals for Success in Business Comprehensive Test Review An organization plans to close its local factory and shift manufacturing operations overseas. This brings opposition from employees. Which terms describes this organizational move? Legal-ethical Legal-unethical Illegal-Ethical Illegal-unethical - ANS Legal-ethical (When the law and personal or organizational ethics are in accordance with each other) Individual authors wrote books about the negative environmental impacts of some industries, including the coal industry. Which benefit did the authors' work have on society? --It helped the authors to become more popular. --It drew the public's attention to the targeted issue. --It increased the economic welfare of the community --It resulted in increased government funding for the industries. - ANS It drew the public's attention to the targeted issue. The accountant of a company was asked to change the current quarterly sales results by adding sales that were set to occur next quarter. Which stakeholder group is directly impacted by this action? Suppliers Employees Customers Shareholders - ANS Shareholders A new manager in a restaurant decides to cut costs by purchasing sub-standard materials. What are the implications of this manager's actions? The customer base of the restaurant will decrease. The employee morale will improve. The menu prices will be reduced. The reputation of the restaurant will increase. - ANS The customer base of the restaurant will decrease. A U.S. company hires a new employee from Germany. The new employee is being trained by other employees on the company's conflict resolution practices in alignment with the company's mission and ethical standards. As part of the training, the employee identifies how the ethical values of the company are consistent with the employee's values. Which aspect of the company is the employee learning? Organizational culture Organizational leadership International business culture International business success - ANS Organizational culture (The shared values, beliefs, and norms of an organization that affect the strategies and operating procedures of the business) A senior manager asks an employee to omit a key section from a financial report to hide some distressing data. Which aspect of the organization is being violated by the manager's behavior? Beliefs Norms Culture Ethics - ANS Organizational ethics - Rules, principles, and standards for deciding what is morally right or wrong when doing business