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ASU MGT 300 Exam 1 Questions and Answers with
Complete Solutions!!!
Padma feels threatened by her new employee, Jennifer, who is
sure to be a rising star in the company. Padma considered but
then decided not to make up bad things to say about Jennifer in
her annual review because Padma believes her best long-term
interests will untilmately be met if Jennifer is promoted. This
represents the _______ approach to deciding ethical dilemmas.
- ANSWER Individual
Which of the following are types of ownership a business can
have? - ANSWER Partnership, stockholder, sole proprietors
Place the following obligations of a corporation (as identified by
Archie B. Carroll) in order, starting with the highest-level
responsibility at the top of the list and placing most
fundamental obligation at the bottom of the list. - ANSWER "1.
Being a good global corporate citizen
2 Being ethical in its practices
3. Obeying the law.
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4. Making a profit. "
Match the level of personal moral development with its
description. - ANSWER "Preconventional = obey mangers to
avoid consequences
Conventional = Generally adhere to the expectations of others
Postconventional = Follow internal values and standards"
New developments in methods for transforming resources into
goods or servces are called _____ forces. - ANSWER
Technological
Which two of the following are examples of economic forces? -
ANSWER Bank interest rates, the unemployment rate
Which approach to deciding ethical dilemmas asserts that an
ethical decision should be guided by respect for impartial
standards of fairness and equity? - ANSWER Justice approach
ASU MGT 300 Exam 1 Questions and Answers with
Complete Solutions!!!
Padma feels threatened by her new employee, Jennifer, who is
sure to be a rising star in the company. Padma considered but
then decided not to make up bad things to say about Jennifer in
her annual review because Padma believes her best long-term
interests will untilmately be met if Jennifer is promoted. This
represents the _______ approach to deciding ethical dilemmas.
- ANSWER Individual
Which of the following are types of ownership a business can
have? - ANSWER Partnership, stockholder, sole proprietors
Place the following obligations of a corporation (as identified by
Archie B. Carroll) in order, starting with the highest-level
responsibility at the top of the list and placing most
fundamental obligation at the bottom of the list. - ANSWER "1.
Being a good global corporate citizen
2 Being ethical in its practices
3. Obeying the law.
, 2|Page
4. Making a profit. "
Match the level of personal moral development with its
description. - ANSWER "Preconventional = obey mangers to
avoid consequences
Conventional = Generally adhere to the expectations of others
Postconventional = Follow internal values and standards"
New developments in methods for transforming resources into
goods or servces are called _____ forces. - ANSWER
Technological
Which two of the following are examples of economic forces? -
ANSWER Bank interest rates, the unemployment rate
Which approach to deciding ethical dilemmas asserts that an
ethical decision should be guided by respect for impartial
standards of fairness and equity? - ANSWER Justice approach
