WGU Fundamentals
WGU Fundamentals
for Success
for Success
inforBusiness
Success
in Business
–
in Business
Leadership
– Leadership
–and
Leadership
Communication
and Communication
and Communication
Skills –
Skills
Study
–
Skills
Guide
Study
– Guide
–
Study
Lecture
Guide
– Lecture
Summary
– Lecture
Summary
andSummary
Practice
and Practice
and
Questions
Practice
Questions
with
Questions
Answers.pdf
with Answers.pdf
with Answers
WGU
Fundamentals for
Success in
Business –
Leadership and
Communication
Skills – Study
Guide – Lecture
Summary and
Practice Questions
with Answers
U Fundamentals
WGU Fundamentals
WGU Fundamentals
for Success
for Success
inforBusiness
Success
in Business
–
in Business
Leadership
– Leadership
–and
Leadership
Communication
and Communication
and Communication
Skills –
Skills
Study
–
Skills
Guide
Study
– Guide
–
Study
Lecture
Guide
– Lecture
Summary
– Lecture
Summary
andSummary
Practice
and Practice
and
Questions
Practice
Questions
with
Questions
Answers.pdf
with Answers.pdf
with Answers
,WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf
Terms in this set (125)
Define corporate social responsibility (CSR). a philosophy in which a company voluntarily engages in actions that benefit
society at large rather it be economically, socially, politically, or environmentally
How is a company's CSR approach shaped? by caring for the environment and acting on social concerns
Who is considered a company stakeholder? unions, company employees, investors, suppliers, consumers,. Local and
national governments and communities
What is the aim of CSR? is to increase long term profits and shareholder trust through positive public
relations and high ethical standards to reduce business and legal risks by taking
responsibility for corporate actions
What is the purpose of the World Trade Organization international organization tasked with promoting global trade, enforcing
(WTO)? common trade regulations, and helping promote ethical behavior among
members. Mission is to improve stability and predicatbility of global trade
What is a code of ethics? establishes the organizations key values and decsribes the company's obligation
to its stakeholders.
WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf
, WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf
establishes the organizations key values and decsribes details of how the company plans to implement its values and vision, as well as
the company's obligation to its stakeholders. guidance for the staff on ethical standards and ways to achieve them. Leads to
greater ethical awareness, consistency in application, and avoidance of ethical
disasters
Define the term internal transparency. the ability of all individuals in an organzation to exist in a system of openness,
communication and accountability
What steps can organizations take to encourage operating ina way that is easy for others to see the actions are performed
transparent practices?
Why was Sarbanes-Oxley Act (SOX) passed? was passed in response to several highly publicized corporate fraud cases.
Mandates reporting transperancy in areas ranging from finance to accounting to
supply chain activities. SOX makes it both unethical and illegal to deceive
shareholders, creditors, and the public at large.
What is the role of the marketing department? the face of the company
What functions does the marketing department carries out customer and market research, target market identification,
provide? branding, and. Advertising
WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf WGU Fundamentals for Success in Business_ Leadership and Communication Skills.pdf