Chat with AIExam 3: Managing Ethics and Diversity
Because the stakeholders' ability to earn a living and obtain resources in the long run depends on how they behave,they must protect their valuable _______________.
(93) 
VerifiedE
It has been said that managing diversity makes good business sense.Do you agree or disagree with this statement? Defend your argument with either pros or cons.
(86) VerifiedThe diversity of organizational members can be a source of competitive advantage,that helps an organization provide customers with better goods and services.Managing diversity makes business sense because customers of businesses are becoming more diverse,and,as learned earlier,an organization must be responsive to its customers.A company with a diverse workforce can understand the needs of these varied customers more effectively.
Also,a more diverse workforce,utilized well,can yield more creative decisions when the diverse employees contribute different ideas to the problem-solving process.Third,effective management of diversity can reduce employee turnover by creating a better work climate for all employees.
Another way in which the effective management of diversity can positively affect profitability is that it increases retention of valued employees.This decreases the costs of hiring replacements for those who quit.It helps ensure that all employees are highly motivated.
Finally,effective management of diversity reduces the probability of discrimination lawsuits.
Define stakeholders.List at least four types of stakeholders.
(88) VerifiedStakeholders are people and groups that supply a company with its productive resources and so have a claim on and stake in the company.Stakeholders include employees,customers,suppliers,shareholders,and the local community.
A slight bias toward a particular group can lead to very large differences between groups over time.
(67) Which of the following refers to the invisible barriers that prevent minorities and women from being promoted to top corporate positions?
(72) One managerial implication of the justice model is that managers should base their decisions on:
(83) Which of the following is a part of developing and clearly communicating a sexual harassment policy endorsed by top management?
(85) A manager who is effectively managing diversity in the liaison role would:
(63) An organization's code of ethics is shaped by the ethics of the top managers of the organization.
(82) Describe the four ethical rules or principles and discuss their managerial implications.
(80) A female subordinate is offended by posters in her supervisor's office that are degrading to women.She avoids going into the office,even when she has a work-related question.Her supervisor has exhibited:
(83) Identify and describe the sources of an organization's code of ethics.
(74) The people and groups that supply a company with its productive resources,and so,have a claim on and a stake in the company,are known as ______________.
(77) Betty works in a software firm as a programming officer.During her appraisal,Ben,the floor manager,asks sexual favors from Betty in return for her promotion and pay raise.Which form of sexual harassment has occurred?
(83) A top manager giving a speech to employees about the importance of diversity is acting as a(n):
(94) It was ethical and legal to acquire and possess slaves in ancient Rome and Greece.Today,however,slavery is considered both unethical and illegal.This implies that:
(66) Which of the following statement is true of ethics and law?
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