MAN 3025 UCF EXAM 3(100% Correct)
Which of the following is not one of the ways to evaluate a code of ethics' effectiveness.
- ANSWERSEmployee Salaries
The ________ refers to acting in the best interest of the company and its investors. -
ANSWERSFiduciary Principle
Someone who is said to be a 'whistleblower' has learned that his or her company
engages in an unethical activity and has made the information known _________. -
ANSWERSoutside of the firm
The ________ refers to respecting the dignity of all people and being concerned about
how you treat others. - ANSWERSDignity Principle
Managers that use a(n) _____________ approach are generally very rational and use
rational methods of problem solving. - ANSWERSSystematic Thinking
When a person makes a decision based on recent events and information on hand, they
are making an error due to __________. - ANSWERSAvailability Heuristics
________ are managers who ignore any and all information that would indicate a
problematic situation. - ANSWERSProblem Avoiders
When you make a decision and try to shape your criteria for alternatives to make your
choice seem rational, you are using ____________. - ANSWERSImplicit Favorite
Decision Making
_________ prefer hard, conclusive data and high-control situations. These managers
focus more on "the numbers" of a situation and take a more impersonal approach. (This
is a type of cognitive style) - ANSWERSSensation Thinkers
___________ occurs because people have a difficult time processing sunk costs and
persist in trying to find ways to salvage what is already gone. - ANSWERSEscalation of
Commitment
When people make a decision using "selective hearing," they are only listening to
information that affirms their decision (rather than all of the information). What error
does this cause? - ANSWERSConfirmation Error
In management, "good information" is relevant, understandable, timely, accurate, and
______. – ANSWERSComplete Business ethics help to guide an organization's efforts
and offer a foundation for its _______. - ANSWERSculture
Which of the following is not one of the ways to evaluate a code of ethics' effectiveness.
- ANSWERSEmployee Salaries
The ________ refers to acting in the best interest of the company and its investors. -
ANSWERSFiduciary Principle
Someone who is said to be a 'whistleblower' has learned that his or her company
engages in an unethical activity and has made the information known _________. -
ANSWERSoutside of the firm
The ________ refers to respecting the dignity of all people and being concerned about
how you treat others. - ANSWERSDignity Principle
Managers that use a(n) _____________ approach are generally very rational and use
rational methods of problem solving. - ANSWERSSystematic Thinking
When a person makes a decision based on recent events and information on hand, they
are making an error due to __________. - ANSWERSAvailability Heuristics
________ are managers who ignore any and all information that would indicate a
problematic situation. - ANSWERSProblem Avoiders
When you make a decision and try to shape your criteria for alternatives to make your
choice seem rational, you are using ____________. - ANSWERSImplicit Favorite
Decision Making
_________ prefer hard, conclusive data and high-control situations. These managers
focus more on "the numbers" of a situation and take a more impersonal approach. (This
is a type of cognitive style) - ANSWERSSensation Thinkers
___________ occurs because people have a difficult time processing sunk costs and
persist in trying to find ways to salvage what is already gone. - ANSWERSEscalation of
Commitment
When people make a decision using "selective hearing," they are only listening to
information that affirms their decision (rather than all of the information). What error
does this cause? - ANSWERSConfirmation Error
In management, "good information" is relevant, understandable, timely, accurate, and
______. – ANSWERSComplete Business ethics help to guide an organization's efforts
and offer a foundation for its _______. - ANSWERSculture
