ASU MGT 300 EXAM #1 QUESTIONS
AND ANSWERS
external stakeholders may be part of which two business environments? - ANSWER-
utilitarian
Which of the following is NOT one of the six forces within the general environment of
business? - ANSWER-Physical
Which of the following are required by the Sarbanes-Oxley Acto of 2002? -
ANSWER-- An organization put procedures and guidelines in place for audit
committees
- A company's CEO and CFO certify the accuracy of a company's financial report
- Top management abstain from taking personal loans or lines of credit from the
company"
The moral-rights approach to solving ethical dilemmas is guided by _____. -
ANSWER-respect for human rights
Behavior that is accepted as proper according to a society's prevailing values is
known as ____ behavior. - ANSWER-Ethical
Whereas a company's bottom line traditionally focuses on profit, the triple bottom line
also includes ____ and ____. - ANSWER-people; planet
Which of the following ethical dilemmas is related most strongly to a moral-rights
approach? - ANSWER-Jeremy's boss has been secretly monitoring what Jeremy
writes in personal e-mail at work during his lunch break.
The macroenvironment is also known as the ______ environment. - ANSWER-
general
In the ____ approach to solving ethical dilemmas, there is the assumption that
people will act ethically in the short run to avoid others harming in the long run. -
ANSWER-Individual
Cynthia paid for a facial and some skin-care products at a local salon. In the task
environment, Cynthia would be classified as a ______. - ANSWER-customer
Major changes in temperature, precipitation, wind patterns, and similar matters
occurring over several decades is known as ________. - ANSWER-Climate change
A company or person that provides raw materials, services, equipment, labor, or
energy to another organization is called a(n) ______. - ANSWER-Supplier
The customers who buy a company's products and the suppliers who provide the
items to make these products are both groups within the _______ environment. -
ANSWER-task
AND ANSWERS
external stakeholders may be part of which two business environments? - ANSWER-
utilitarian
Which of the following is NOT one of the six forces within the general environment of
business? - ANSWER-Physical
Which of the following are required by the Sarbanes-Oxley Acto of 2002? -
ANSWER-- An organization put procedures and guidelines in place for audit
committees
- A company's CEO and CFO certify the accuracy of a company's financial report
- Top management abstain from taking personal loans or lines of credit from the
company"
The moral-rights approach to solving ethical dilemmas is guided by _____. -
ANSWER-respect for human rights
Behavior that is accepted as proper according to a society's prevailing values is
known as ____ behavior. - ANSWER-Ethical
Whereas a company's bottom line traditionally focuses on profit, the triple bottom line
also includes ____ and ____. - ANSWER-people; planet
Which of the following ethical dilemmas is related most strongly to a moral-rights
approach? - ANSWER-Jeremy's boss has been secretly monitoring what Jeremy
writes in personal e-mail at work during his lunch break.
The macroenvironment is also known as the ______ environment. - ANSWER-
general
In the ____ approach to solving ethical dilemmas, there is the assumption that
people will act ethically in the short run to avoid others harming in the long run. -
ANSWER-Individual
Cynthia paid for a facial and some skin-care products at a local salon. In the task
environment, Cynthia would be classified as a ______. - ANSWER-customer
Major changes in temperature, precipitation, wind patterns, and similar matters
occurring over several decades is known as ________. - ANSWER-Climate change
A company or person that provides raw materials, services, equipment, labor, or
energy to another organization is called a(n) ______. - ANSWER-Supplier
The customers who buy a company's products and the suppliers who provide the
items to make these products are both groups within the _______ environment. -
ANSWER-task
