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 An employee overhears an office manager telling a prospective client that the company does not work with people from a particular ethnicity even though the company has a nondiscrimination policy. Which element is violated by the actions of this office manager? Personal ethics Employee handbook guidelines Established state law Personal culture - ANS Employee handbook guidelines A young, unmarried employee who is an only child has a conversation with an older, married employee with siblings about the corporate decision to enter into a lucrative contract with a firm that legally supplies substandard medications to developing countries. The two employees disagree as to whether the company's decision was ethical. What is the primary demographic trait that influences the values of these employees? Age Birth order Employment Marital status - ANS Age A corporation's code of ethics endorses a green work place. Which employee activity models this code? Starting an office recycling program Organizing a community cleanup day for a local park Raising money to support the science club at a local high school Riding a bicycle to work to reduce greenhouse gas emissions - ANS Starting an office recycling program A company advertises that it uses environmentally safe practices in all business processes; however, the chief financial officer (CFO) has blocked the adoption of many environmentally safe practices because of the additional costs to the company. Which controversial business practice is this company using? Whistleblowing Sheltering Greenwashing Cherry picking - ANS Greenwashing (When organizations carry about CSR missions in an inauthentic way, using them to increase publicity rather than to spur real change) Which organizational department is responsible for managing receivables and payables for a company? Research and development Marketing Human resource management Accounting and finance - ANS Accounting and finance Which function is performed by the information technology department of an organization? Product testing Computer installation Employee training Financial reporting - ANS Computer installation Which organizational department is responsible for maintaining compliance with labor laws? Accounting and finance Human resources Information technology Research and development - ANS Human resources A supervisor assigns an employee to work on a small project that is directly related to a corporate goal, and the employee's skill set makes them the ideal person to accomplish the task. What is this employee's managerial designation? Leader Manager