13. A healthy ethical culture would consist all below characteristics EXCEPT? * a. Assuming Team Responsibility together b. Accepting diversity, both internal and external stakeholders c. Open-minded and willing to share idea and make changes d. Emphasizing Teamwork and be willing to help each otheron 1

13. A healthy ethical culture would consist all below characteristics EXCEPT? * a. Assuming Team Responsibility together b. Accepting diversity, both internal and external stakeholders c. Open-minded and willing to share idea and make changes d. Emphasizing Teamwork and be willing to help each otheron 1

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter16: Mastering Financial Management

Section: Chapter Questions

Problem 1DQ

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5. What is the main purpose of stakeholder mapping? To ________________.A. establish how each main stakeholder fits into the organization’s futureplansB. clarify the main roles of individual stakeholders in an organization’sactivitiesC. identify major stakeholders, their expectations and their sources ofpower over the organizationD. identify how the business of each stakeholder relates to that of theorganization
10 - Which of the following is one of the roles of managers? A) LeaderB) InformativeC) TechnicalD) Resource distributorE) Monitor
3) It might be argued that there are some interesting points of connection betweenEpictetus’s Stoicism, and Buddhist philosophy. Draw out 2 commonalities between Epictetus’ Stoicism, andBuddhist philosophy, explaining what 2 features you see as similar between theories, being sure to also explainclearly how the features you select manifest in each of the two theories.
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9. While diversity may add value, it does not really contribute to the firm's competitive advantage. True False 10. Cultural diversity is a natural by-product for firms going international. True False 11. The foundation and point of departure for creating and effectively managing diversity is the development of a truly multicultural organization. True False 12. Exclusionary organizations do not exist anymore. True False 13. Club organizations get around the laws by hiring and promoting women and minorities with an unbiased attitude. True False 14. Re-defining the organization goes beyond being just proactively antiracist and antisexist. True False
1. If your company does business with your relative, there is a conflict of interest: A. Only if you personally benefit B. There is no conflict if your boss says it's acceptable for you to benefit C. If the company finds out you are related to the vendor D. None of these 2. When we describe an individual or group of individuals, we are: A. Stereotyping B. Gossiping C. Labeling D. All of these E. None of these 3. The only power that an individual cannot increase themselves is: A. Reward power B. Legitimate power C. Charismatic power D. Information power
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6) As the territory sales manager you must promote improving sales performance by all local sales persons, whether new or experienced. Deciding how to coach this for individual sales persons is likely to emphasize three of the following kinds of decision making but unlikely to include decision making of the fourth kind. Select that fourth entry. a. "see what works" b. structured c. semistructured d. unstructured
RESOLVING ETHICAL BUSINESS CHALLANGES : QUESTIONS • EXERCISES1. Identify the ethical and legal issues ofwhich Albert needs to be aware.2. Discuss the advantages anddisadvantages of each decision thatAlbert could make and has made.3. Identify the pressures that havebrought about these issues.
Robert Lane, former CEO of Deere, a high-performing, highly-ethical corporation, declares that to establish an ethical culture, 9 V a) a code of ethics must be set only for managers in organizations around the globe 12 b) ethical words must be backed up with documented practices, processes, and procedures, all understood around the globe 15 ) C) suppliers, dealers, and customers must be excluded from the ethical circle d) ethical practices must be delivered only by senior management to inspire all employees in organizations around the globe
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