Final Exam Flashcards

1
Q

What are merit raises?

A

to award compensation increases based on performance

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2
Q

What are the purpose of performance appraisals?

A

Performance appraisal is the systematic evaluation of employees with respect to their performance on their job and their potential for development. In other words, it is the process of measuring productivity in terms of efficiency and effectiveness

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3
Q

What are the elements of a good performance appraisal?

A

Compensation increase, improve job performance, remove inadequate employees, identify high performers and prepare for promotion, achieve overall improvement.

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4
Q

When do ethical problems arise in the hiring process?

A

Choosing a certain type of employee is not unethical. The patterns of behavior can be considered unethical if the last six hiring decisions are pretty females, this creates a pattern.

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5
Q

What are affirmative action and diversity initiatives about?

A

Affirmative action is meant to help eliminate possible ethical issues by removing barrios, eliminating bias and recognizing underrepresented groups.

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6
Q

How can a utilitarian approach affect hiring?

A

The utilitarian ethics approach requires that the hiring manager think about hiring consequences that may extend months or years.

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7
Q

What is progressive discipline?

A

Clear quantifiable goals, Clear and formal communication, regular discussions, impacts to performance.

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8
Q

What are the categories of privacy?

A

Age, Marital status, Health history, and Hobbies can not be discussed at interviews.

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9
Q

What are the categories of unethical financial reporting?

A

Most clerks will adopt a few codes as the preferred ones, and in case of doubt will make an entry into one of these few codes. Over time, this approach will result in systematic errors charging too many expenses or crediting too much income to the favored codes, and not enough to the others. The resulting summary accounting reports will be inaccurate, with a consistent over-reporting in some areas and under-reporting in others. Overall totals may be correct, but the breakdown within categories will be consistently inaccurate.

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10
Q

Who is a virtuous person?

A

It says that the moral act is the one which a virtuous person would perform in a given circumstance. Becoming a virtuous person requires that manager act consistently in this manner
to accumulate experience.

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11
Q

What is the values-based approach to ethics?

A

Values-based approaches to ethics emphasize the development of shared principles regarding ethical behavior.

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12
Q

What are the 3 levels of inquiry into business ethics?

A

There are three levels of inquiry into business ethics that relate to the multi-faceted and multi-disciplinary nature of business ethics. These are micro, meso.and macro. These three levels of inquiry are important to the discussion of ethics programs and the nature of evaluation of an effective program.

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13
Q

What is a compliance based approach to ethics?

A

Compliance based approaches to ethics emphasize detection and discipline of rule violations.

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14
Q

What defines an ethical organizational culture?

A

The organizational culture is influential on the actions of the individuals within the
company and defining of the company’s ethical stance.

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15
Q

What are the 5 ways leaders can change organizational culture?

A

Managers can promote ethical behavior by focusing on both the individual and organizational levels. Leaders can use specific mechanisms to change the organizational culture to support ethical behavior. This is important when ethical behavior is not supported.

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16
Q

How can managers promote ethical behavior?

A

Managers can promote ethical behavior by focusing on both the individual and
organizational levels. Leaders can use specific mechanisms to change the organizational culture to support ethical behavior. This is important when ethical behavior is not supported.

17
Q

What are organizational ethics programs?

A

Business managers can promote ethical behavior within firms by ensuring that the
processes used by workers are monitored and evaluated and do not create ethical
tensions within the organization.

18
Q

What did the Enron reward system support?

A

The Enron reward system consistently promoted greed, selfishness, and jealousy within the organization.

19
Q

What should you consider in a global competitive environment?

A

Global competition requires evaluation of the way in which ethical norms are established. Instead of embracing the more litigious standard of Western society. organizations should consider embracing less formal methods for achieving social compliance. such as cultural conformity. pressure from community elders and threat of being ostracized from the market.

20
Q

What role do top managers play in ensuring an ethical culture?

A

Control in an organization is part of the primary goal of an ethics program. Creating a strong control system is important in developing a culture that supports an ethics program.

21
Q

What role do cultural values play in ethical behavior?

A

In a global marketplace. the varying values and cultural influences of multiple stakeholder groups create a new ethical dynamic. In a global marketplace. We must develop a deeper understanding of cultural values that affect ethical behavior. Global expansion provides an opportunity to increase profit margins and employee opportunities.

22
Q

What is the UN ethic manifesto?

A

The global economic ethic manifesto is a moral framework/code of conduct, which is both interactive and interdependent with the economic function of the main institutions of the economic system. The ultimate goal of the UN ethic manifesto is to foster a culture of ethics.

23
Q

What type of opportunities does global expansion provide?

A

In a global marketplace. the varying values and cultural influences of multiple stakeholder groups create a new ethical dynamic. In a global marketplace. We must develop a deeper understanding of cultural values that affect ethical behavior. Global expansion provides an opportunity to increase profit margins and employee opportunities.