Question 1

_________are the personal and moral standards used by individuals to structure their interactions with other people.

Accepted Answer

A) Interpersonal Ethics 
B) Professional Ethics 
C) Individual Ethics 
D) Societal Ethics 
A) Interpersonal Ethics 
B) Professional Ethics 
C) Individual Ethics 
D) Societal Ethics

Question 2

A manager decides to distribute the pool of bonus money equally among all of the subordinates, even though some performed better than others. He is using which ethical model in making this decision?

Accepted Answer

A) Moral Rights 
B) Utilitarian 
C) Justice 
D) None of the above 
A) Moral Rights 
B) Utilitarian 
C) Justice 
D) None of the above

Question 3

To create an ethical organization,

Accepted Answer

A) a company should use socialization tactics that lead to an institutionalized role orientation. 
B) a company should use a bottom- up approach. 
C) top management should promote moral values and behave ethically. 
D) a company should offer employees lifetime employment. 
A) a company should use socialization tactics that lead to an institutionalized role orientation. 
B) a company should use a bottom- up approach. 
C) top management should promote moral values and behave ethically. 
D) a company should offer employees lifetime employment.

Question 4

Stock based compensation schemes help solve the agency problem by aligning individual behaviors with corporate strategy.

Accepted Answer

A) True 
 B)False

Question 5

The Hudson's Bay company uses third- party compliance audits to ensure suppliers adhere to the company's policy on child labour .

Accepted Answer

A) True 
 B)False

Question 6

When delegating authority, the agency problem arises because:

Accepted Answer

A) the principle tends to have less information than the agent. 
B) the agent tends to have less information than the principle. 
C) the principle does not desire more duties. 
D) the agent does not want to give up power. 
A) the principle tends to have less information than the agent. 
B) the agent tends to have less information than the principle. 
C) the principle does not desire more duties. 
D) the agent does not want to give up power.

Question 7

A company's top- management team consists of:

Accepted Answer

A) the president and executive vice president. 
B) senior vice presidents and divisional managers. 
C) executive vice presidents and vice presidents. 
D) functional and divisional managers. 
A) the president and executive vice president. 
B) senior vice presidents and divisional managers. 
C) executive vice presidents and vice presidents. 
D) functional and divisional managers.

Question 8

Canadian doctors have lobbied provincial governments on behalf of pharmaceutical companies.

Accepted Answer

A) True 
 B)False

Question 9

A manager decides to locate a manufacturing plant in a location that maximizes the overall benefits to the stakeholders. Which model of ethics is he/she using?

Accepted Answer

A) Moral Rights 
B) Justice 
C) Utilitarian 
D) None of the above 
A) Moral Rights 
B) Justice 
C) Utilitarian 
D) None of the above

Question 10

When employees feel that contributions exceed inducements, they are likely to withdraw their support for the organization.

Accepted Answer

A) True 
 B)False

Question 11

A friend is a manager at a small technology firm that manufactures radiology equipment, such as CAT scanners. He states that shareholders want him to increase profits, so he is willing to do whatever it takes to increase profits. In fact, he has the opportunity to get a contract with a supplier who will supply parts at a lower cost, but the quality will be noticeably worse. However, as the hospital is the only one in this rural area, most patients do not have the option to go to another hospital. What can you tell your friend about behaving ethically?

Accepted Answer

I would tell my friend that shareholders

Question 12

Determining management's rewards and incentives is primarily the responsibility of _________.

Accepted Answer

A) the board of directors 
B) the shareholders 
C) corporate management 
D) the CEO 
A) the board of directors 
B) the shareholders 
C) corporate management 
D) the CEO

Question 13

_________is the major trustee for the shareholders.

Accepted Answer

A) An institutional investor 
B) The largest individual shareholder 
C) The chairman of the board of directors 
D) The president of the company 
A) An institutional investor 
B) The largest individual shareholder 
C) The chairman of the board of directors 
D) The president of the company

Question 14

Stakeholders will generally participate in an organization if

Accepted Answer

A) inducements exceed contributions. 
B) inducements exceed kickbacks. 
C) contributions exceed inducements. 
D) payments exceed contributions. 
A) inducements exceed contributions. 
B) inducements exceed kickbacks. 
C) contributions exceed inducements. 
D) payments exceed contributions.

Question 15

One problem with the utilitarian model is that it leaves managers to determine the relative importance of each stakeholder group.

Accepted Answer

A) True 
 B)False

Question 16

Gillette has been touted as a highly ethical organization due to its refusal to test cosmetics on animals.

Accepted Answer

A) True 
 B)False

Question 17

Societal ethics:

Accepted Answer

A) include unwritten norms and values. 
B) encourage companies to use tactics that lead to an institutionalized role orientation. 
C) encourage companies to use tactics that lead to an individualized role orientation. 
D) encourage companies to adopt a broad stance on social responsibility. 
A) include unwritten norms and values. 
B) encourage companies to use tactics that lead to an institutionalized role orientation. 
C) encourage companies to use tactics that lead to an individualized role orientation. 
D) encourage companies to adopt a broad stance on social responsibility.

Question 18

Who is the chief operating officer (COO)of an organization?

Accepted Answer

A) The president 
B) The executive vice- president of operations 
C) The chairman of the board 
D) The CEO 
A) The president 
B) The executive vice- president of operations 
C) The chairman of the board 
D) The CEO

Question 19

The stakeholder group with the ultimate authority over the organization's resources is the employees.

Accepted Answer

A) True 
 B)False

_________are the personal and moral standards used by individuals to structure their interactions with other people.

A manager decides to distribute the pool of bonus money equally among all of the subordinates, even though some performed better than others. He is using which ethical model in making this decision?

To create an ethical organization,

Stock based compensation schemes help solve the agency problem by aligning individual behaviors with corporate strategy.

The Hudson's Bay company uses third- party compliance audits to ensure suppliers adhere to the company's policy on child labour .

When delegating authority, the agency problem arises because:

A company's top- management team consists of:

Canadian doctors have lobbied provincial governments on behalf of pharmaceutical companies.

A manager decides to locate a manufacturing plant in a location that maximizes the overall benefits to the stakeholders. Which model of ethics is he/she using?

When employees feel that contributions exceed inducements, they are likely to withdraw their support for the organization.

Determining management's rewards and incentives is primarily the responsibility of _________.

_________is the major trustee for the shareholders.

Stakeholders will generally participate in an organization if

One problem with the utilitarian model is that it leaves managers to determine the relative importance of each stakeholder group.

Gillette has been touted as a highly ethical organization due to its refusal to test cosmetics on animals.

Societal ethics:

Who is the chief operating officer (COO)of an organization?

The stakeholder group with the ultimate authority over the organization's resources is the employees.

Organizations and Organizational Effectiveness

Managing in a Changing Global Environment

Basic Challenges of Organizational Design

Designing Organizational Structure: Coordination, Communication, and Control

Designing Organizational Structure: Specialization and Coordination

Creating and Managing Organizational Culture

Organizational Design and Strategy in a Changing Global Environment

Organizational Design, Competencies, and Technology

Types and Forms of Organizational Change

Organizational Transformations: Birth, Growth, Decline, and Death

Decision Making, Learning, Knowledge Management, and Information Technology

Innovation, Entrepreneurship, and Creativity

Managing Conflict, Power, and Politics

Filters

Exam 2: Organizational Stakeholders, Management, and Ethics

_________are the personal and moral standards used by individuals to structure their interactions with other people.

A manager decides to distribute the pool of bonus money equally among all of the subordinates, even though some performed better than others. He is using which ethical model in making this decision?

To create an ethical organization,

Stock based compensation schemes help solve the agency problem by aligning individual behaviors with corporate strategy.

The Hudson's Bay company uses third- party compliance audits to ensure suppliers adhere to the company's policy on child labour .

When delegating authority, the agency problem arises because:

A company's top- management team consists of:

Canadian doctors have lobbied provincial governments on behalf of pharmaceutical companies.

A manager decides to locate a manufacturing plant in a location that maximizes the overall benefits to the stakeholders. Which model of ethics is he/she using?

When employees feel that contributions exceed inducements, they are likely to withdraw their support for the organization.

Determining management's rewards and incentives is primarily the responsibility of _________.

_________is the major trustee for the shareholders.

Stakeholders will generally participate in an organization if

One problem with the utilitarian model is that it leaves managers to determine the relative importance of each stakeholder group.

Gillette has been touted as a highly ethical organization due to its refusal to test cosmetics on animals.

Societal ethics:

Who is the chief operating officer (COO)of an organization?

The stakeholder group with the ultimate authority over the organization's resources is the employees.

Organizations and Organizational Effectiveness

Managing in a Changing Global Environment

Basic Challenges of Organizational Design

Designing Organizational Structure: Coordination, Communication, and Control

Designing Organizational Structure: Specialization and Coordination

Creating and Managing Organizational Culture

Organizational Design and Strategy in a Changing Global Environment

Organizational Design, Competencies, and Technology

Types and Forms of Organizational Change

Organizational Transformations: Birth, Growth, Decline, and Death

Decision Making, Learning, Knowledge Management, and Information Technology

Innovation, Entrepreneurship, and Creativity

Managing Conflict, Power, and Politics

Filters