Fundamentals for Success in Business Flashcards
An organization plans to close its local factory and shift manufacturing operations overseas. This brings opposition from employees.
Which terms describes this organizational move?
Legal-ethical
Individual authors wrote books about the negative environmental impacts of some industries, including the coal industry.
Which benefit did the authors’ work have on society?
It drew the public’s attention to the targeted issue.
The accountant of a company was asked to change the current quarterly sales results by adding sales that were set to occur next quarter.
Which stakeholder group is directly impacted by this action?
Shareholders
A new manager in a restaurant decides to cut costs by purchasing sub-standard materials.
What are the implications of this manager’s actions?
The customer base of the restaurant will decrease.
A U.S. company hires a new employee from Germany. The new employee is being trained by other employees on the company’s conflict resolution practices in alignment with the company’s mission and ethical standards. As part of the training, the employee identifies how the ethical values of the company are consistent with the employee’s values.
Which aspect of the company is the employee learning?
Organizational culture
A senior manager asks an employee to omit a key section from a financial report to hide some distressing data.
Which aspect of the organization is being violated by the manager’s behavior?
Ethics
An employee overhears an office manager telling a prospective client that the company does not work with people from a particular ethnicity even though the company has a nondiscrimination policy.
Which element is violated by the actions of this office manager?
Personal ethics
A young, unmarried employee who is an only child has a conversation with an older, married employee with siblings about the corporate decision to enter into a lucrative contract with a firm that legally supplies substandard medications to developing countries. The two employees disagree as to whether the company’s decision was ethical.
What is the primary demographic trait that influences the values of these employees?
Age
A corporation’s code of ethics endorses a green workplace.
Which employee activity models this code?
Starting an office recycling program
A company advertises that it uses environmentally safe practices in all business processes; however, the chief financial officer (CFO) has blocked the adoption of many environmentally safe practices because of the additional costs to the company.
Which controversial business practice is this company using?
Greenwashing
Which organizational department is responsible for managing receivables and payables for a company?
Accounting and finance
Which function is performed by the information technology department of an organization?
Computer installation
Which organizational department is responsible for maintaining compliance with labor laws?
Human resources
A supervisor assigns an employee to work on a small project that is directly related to a corporate goal, and the employee’s skill set makes them the ideal person to accomplish the task.
What is this employee’s managerial designation?
Individual
An employee is involved in providing vision and direction for an organization and developing broad goals designed to move the organization towards that vision.
What is this employee’s management role in the organization?
Top
An employee is involved directly with each of the individuals tasked with working on actionable items designed to pursue goals that will move the organization towards its vision statement.
What is this employee’s management role in the organization?
Front line
A meeting of the company’s chief financial officer, chief information officer, and all three of the executive vice presidents must occur early next week.
Which group of managers will be present at this meeting?
Top
Which type of organizational culture in the Competing Values Framework focuses on accountability to shareholders, competitiveness, and productivity?
Market
Which pair of attributes captures the focus of an adhocracy culture within the competing values framework?
Adjustable and entrepreneurial
Which set of attributes reflects a hierarchy culture within the Competing Values Framework?
Process-oriented and highly structured
A nonprofit organization wants to fill an executive director position and is interested in seeking a candidate that is concerned about social welfare.
Which criterion should the organization prioritize in making this decision?
Dedication to community service
An individual who values a team-oriented work environment and the individual’s relationships with a large group of peers is seeking employment that will be a good fit.
Which position should this individual pursue?
A position that offers a friendly workplace
An individual who is a great performer has been working in a department in a company for over ten years and is moved to a new department and given a new set of job responsibilities. The individual is unhappy in the new location and has started to underperform.
Which issue has emerged for this employee?
Person-job fit
A person that is high in sociability and friendliness is required for a sales job.
Which component of personality should be high in the ideal candidate?
Extraversion
Which organizational culture is best suited for an individual who is high in conscientiousness?
Hierarchy
Which individual characteristic should a company search for in new hires in order to avoid an additional screening process to prevent potential person-culture mismatch?
Recommended by current employees
An employee transfers from one department to another department in an organization.
Which reality will the employee experience in relation to this change?
The department sub-cultures may differ.
Which result occurs when there is a person-culture misalignment?
Attrition
A manager is taking extra care to craft a message to ensure that it is interpreted by an employee, the receiver, in the way that it was intended. This action includes making sure the message is presented through the right channel and uses the appropriate language.
Which form of communication is the manager ensuring during this interaction?
Effective
Which communication style is being used when someone appears agreeable in a workplace conversation and concedes to the other party but later makes snide side comments about that individual or the issue at hand?
Passive-Aggressive
Which communication style is being used by someone who regularly dismisses others’ feedback, displays a rigid posture when speaking, and tries to dominate the business decision-making process?
Aggressive
Which action promotes effective listening in the workplace?
Paraphrasing the phrases a speaker shares
How can a speaker overcome issues pertaining to semantics to ensure effective communication?
Be direct and clearly state what is intended
Be direct and clearly state what is intended
Calm and relaxed posture