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D072 Fundamentals For Success In Business Comprehensive Test Questions With Correct Marking Scheme

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D072 Fundamentals For Success In Business Comprehensive Test Questions With Correct Marking Scheme /An organization plans to close its local factory and shift manufacturing operations overseas. This brings opposition from employees. Which terms describes this organizational move? - Answer-Legal-ethical /.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? - Answer-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? - Answer-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? - Answer-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? - Answer-Organizational culture /.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? - Answer-Ethics /.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? - Answer-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? - Answer-Age /.A corporation's code of ethics endorses a green work place. Which employee activity models this code? - Answer-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? - Answer-Greenwashing /.Which organizational department is responsible for managing receivables and payables for a company? - Answer-Accounting and finance /.Which function is performed by the information technology department of an organization? - Answer-Computer installation /.Which organizational department is responsible for maintaining compliance with labor laws? - Answer-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? - Answer-Individual /.An employee is involved in providing vision and direction for an organization and developing broad goals designed to move the organization towards that vision. What is this employee's management role in the organization? - Answer-Top

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D072 Fundamentals For Success In Business
Comprehensive Test Questions With Correct Marking
Scheme

/An organization plans to close its local factory and shift manufacturing operations
overseas. This brings opposition from employees.

Which terms describes this organizational move? - Answer-Legal-ethical

/.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? - Answer-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? - Answer-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? - Answer-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? - Answer-Organizational
culture

/.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? -
Answer-Ethics

, /.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? - Answer-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? -
Answer-Age

/.A corporation's code of ethics endorses a green work place. Which employee activity
models this code? - Answer-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? - Answer-Greenwashing

/.Which organizational department is responsible for managing receivables and
payables for a company? - Answer-Accounting and finance

/.Which function is performed by the information technology department of an
organization? - Answer-Computer installation

/.Which organizational department is responsible for maintaining compliance with labor
laws? - Answer-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? - Answer-Individual

/.An employee is involved in providing vision and direction for an organization and
developing broad goals designed to move the organization towards that vision.

What is this employee's management role in the organization? - Answer-Top

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