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MGT3000 Test #2 Study Guide (Chpts. 4, 5, & 6) Exam 2025 Questions and Answers

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MGT3000 Test #2 Study Guide (Chpts. 4, 5, & 6) Exam 2025 Questions and Answers Photos emerged of a college basketball coach partying and drinking alcohol with college co-ed students. Although not illegal, the situation is not considered acceptable by the community at large. The college administration fired the coach. Which approach to ethical decision making was at work here? - ANS Practical In the Enron scandal (2001), the company found a way to avoid reporting huge debts. A whistle- blower alerted authorities. Enron's CEO was clearly engaged in unethical behavior. He was sentenced to prison because: - ANS values and standards that say a company can't falsify its financial documents are codified law. Green Cleaning Service has decided to hire three additional employees for a new cleaning crew. This decision falls within the domain of: - ANS free choice Which of the following statements best describes the individualism approach as a guide for ethical decision making? - ANS It sees acts as moral when they promote an individual's best long-term interests. _____ statements define fundamental values and reference organizational responsibilities, products, and employees. - ANS Principle-based As a definition for ethics, which of the following statements is true? - ANS It sets standards as to what is good or bad in conduct and decision making. Pg. 2 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED. Melanie believes that men and women should not receive different salaries if they have the same qualifications and are performing the same job. This belief comes out of her sense of: - ANS distributive justice Which of the following best describes a corporation's economic responsibility? - ANS To produce the goods and services that society wants and to maximize profits for its owners and shareholders Most ethical dilemmas involve a conflict between: - ANS the needs of the part and the whole. Companies that embrace sustainability measure performance outcomes at several different levels in a triple bottom line. Which of the following is NOT included in the triple bottom line? - ANS Moral performance The social performance model for evaluating a company's social responsiveness uses four criteria. They are: - ANS economic, legal, ethical, and discretionary. In the case of emergencies, setbacks, or unexpected conditions, a company's responses would be guided by its: - ANS contingency plans. The production line that Hugo oversees has just malfunctioned and caused an accident that injured one worker. Hugo, to fulfill the company's _____ responsibility, will file a report and cooperate with OSHA inspectors in their investigation of the accident. - ANS legal One of your employees has just come to you saying that he is being sexually harassed by a coworker. He shows you suggestive notes and cartoons that have been left at his desk. He asks you to speak to other coworkers, who confirm the behavior has occurred. You must, as a(n) _____, reprimand the perpetrator and refer the perpetrator's employment status to the human resources department. - ANS moral agent Pg. 3 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED. After reading about a study by Adam Grant, Malcolm decided to try _____ in order to increase his team's effectiveness based on Grant's claim that this approach was the biggest single predictor of team productivity. - ANS encouraging greater help and support among team members is the code of moral principles and values that governs the behaviors of individuals or groups. - ANS Ethics Franklin is part of a management team that has used the MBO system for a number of years. It is now moving toward _____, a more systematic approach that focuses attention on the methods and processes used to achieve goals rather than just on reaching the goals. - ANS management by means Carolyn's CEO has tasked her with creating a blueprint that specifies the resource allocation schedules and other actions necessary for attaining the company's stated goals. The CEO has asked for a: - ANS plan Managers who follow ethical leadership: - ANS are fair in their dealings with employees and customers. Top management has decided on a large expansion project that would take place over the next five years. In order to ensure its progress toward completion, managers would want to make sure goals for the project: - ANS include defined time periods for goal attainment. Rapport Investing Company has a contingency plan in place to deal with clients and to respond to market changes in case of a sudden dramatic drop in the Dow Jones Index. As part of the contingency planning, management also engages in _____ as it looks at leading economic indicators, political issues, and global markets and tailors its plans to various situations based on these variables. - ANS scenario building Daniel's pharmaceutical company developed and marketed a new drug to halt the progression of Alzheimer's and other forms of dementia. Orders for it are growing monthly to the point where it now has the

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MGT3000 Test #2 Study Guide (Chpts. 4, 5,
& 6) Exam 2025 Questions and Answers



Photos emerged of a college basketball coach partying and drinking alcohol with college co-ed
students. Although not illegal, the situation is not considered acceptable by the community at
large. The college administration fired the coach. Which approach to ethical decision making
was at work here? - ANS Practical


In the Enron scandal (2001), the company found a way to avoid reporting huge debts. A whistle-
blower alerted authorities. Enron's CEO was clearly engaged in unethical behavior. He was
sentenced to prison because: - ANS values and standards that say a company can't falsify its
financial documents are codified law.


Green Cleaning Service has decided to hire three additional employees for a new cleaning crew.
This decision falls within the domain of: - ANS free choice


Which of the following statements best describes the individualism approach as a guide for
ethical decision making? - ANS It sees acts as moral when they promote an individual's best
long-term interests.


_____ statements define fundamental values and reference organizational responsibilities,
products, and employees. - ANS Principle-based



As a definition for ethics, which of the following statements is true? - ANS It sets standards
as to what is good or bad in conduct and decision making.




Pg. 1 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED.

,Melanie believes that men and women should not receive different salaries if they have the
same qualifications and are performing the same job. This belief comes out of her sense of: -
ANS distributive justice



Which of the following best describes a corporation's economic responsibility? - ANS To
produce the goods and services that society wants and to maximize profits for its owners and
shareholders



Most ethical dilemmas involve a conflict between: - ANS the needs of the part and the
whole.


Companies that embrace sustainability measure performance outcomes at several different
levels in a triple bottom line. Which of the following is NOT included in the triple bottom line? -
ANS Moral performance


The social performance model for evaluating a company's social responsiveness uses four
criteria. They are: - ANS economic, legal, ethical, and discretionary.


In the case of emergencies, setbacks, or unexpected conditions, a company's responses would
be guided by its: - ANS contingency plans.


The production line that Hugo oversees has just malfunctioned and caused an accident that
injured one worker. Hugo, to fulfill the company's _____ responsibility, will file a report and
cooperate with OSHA inspectors in their investigation of the accident. - ANS legal


One of your employees has just come to you saying that he is being sexually harassed by a
coworker. He shows you suggestive notes and cartoons that have been left at his desk. He asks
you to speak to other coworkers, who confirm the behavior has occurred. You must, as a(n)
_____, reprimand the perpetrator and refer the perpetrator's employment status to the human
resources department. - ANS moral agent




Pg. 2 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED.

, After reading about a study by Adam Grant, Malcolm decided to try _____ in order to increase
his team's effectiveness based on Grant's claim that this approach was the biggest single
predictor of team productivity. - ANS encouraging greater help and support among team
members


is the code of moral principles and values that governs the behaviors of individuals or groups. -
ANS Ethics


Franklin is part of a management team that has used the MBO system for a number of years. It
is now moving toward _____, a more systematic approach that focuses attention on the
methods and processes used to achieve goals rather than just on reaching the goals. -
ANS management by means


Carolyn's CEO has tasked her with creating a blueprint that specifies the resource allocation
schedules and other actions necessary for attaining the company's stated goals. The CEO has
asked for a: - ANS plan



Managers who follow ethical leadership: - ANS are fair in their dealings with employees and
customers.


Top management has decided on a large expansion project that would take place over the next
five years. In order to ensure its progress toward completion, managers would want to make
sure goals for the project: - ANS include defined time periods for goal attainment.


Rapport Investing Company has a contingency plan in place to deal with clients and to respond
to market changes in case of a sudden dramatic drop in the Dow Jones Index. As part of the
contingency planning, management also engages in _____ as it looks at leading economic
indicators, political issues, and global markets and tailors its plans to various situations based
on these variables. - ANS scenario building


Daniel's pharmaceutical company developed and marketed a new drug to halt the progression
of Alzheimer's and other forms of dementia. Orders for it are growing monthly to the point
where it now has the largest share of the market. This product falls in the _____ category of the


Pg. 3 Copyright © 2025 Jasonmcconell. ALL RIGHTS RESERVED.

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