Chapter 2 & 3 Deck Flashcards
Organizational leaders must be willing to ( ) and take appropriate action.
hold employees accountable for their conduct
An organization’s culture is strongly influenced by its ( ), who inform members what’s considered acceptable behavior and what happens if it’s violated.
senior executives
Managers have a(n) ( ) responsibility to owners to safeguard a company’s assets and handle its funds in a trustworthy manner.
fiduciary
The rights identified by the consumer bill of rights include ( ), ( ), ( ), and ( ).
- the right to safe products
- right to be heard
- right to be informed about a product
- the right to choose what to buy
An employee learns from a coworker at his pharmaceutical company that one of the firm’s most profitable drugs will be pulled off the market. Before the news becomes public, he sells all of her stock in the company. This action is best characterized as ( ).
insider trading
When you say to yourself, “I know I lied to make the deal, but it’ll bring in a lot of business and pay a lot of bills,” which of the four common rationalizations for misconduct are you using?
“My action is in everyone’s best interest.”
When you ask yourself the question, “If I didn’t get caught, did I really do it?” which of the four common rationalizations for misconduct are you using?
“No one will find out what I’ve done.”
A major obstacle to team success in introducing teams into an organization is:
managers fail to delegate authority.
This type of team is designed to take advantage of the special expertise of members drawn from different functional areas of the company.
cross-functional team
Which of the following is true about self-managing teams?
Team members often perform activities that were once performed by subordinates.
Which of the following is true regarding manager-led teams?
Team leaders are in charge of setting team goals, assigning tasks, and monitoring performance.
Companies build and support teams because:
teams increase overall work performance.
Advice on how to survive team projects in college includes:
Draw up a team charter.
Task facilitators are especially valuable when:
assignments are not clear or progress is slow.
Why is it in a company’s best interest to operate ethically?
Trustworthy companies are better at attracting and keeping customers, talented employees, and capital.