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BADM 310 Final Exam Prep Questions with Complete Solutions

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BADM 310 Final Exam Prep Questions with Complete Solutions

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BADM 310 Final Exam Prep Questions
with Complete Solutions
maturity - ANSWER-In reviewing marketing and sales data, top management
determines that the majority of a product's sales are to existing consumers. This
product is in the _______ stage of the product life cycle.

real-time information - ANSWER-Rinaldo receives monthly reports from the
accounting department that reflect his company's current financial condition. The
report Rinaldo receives would be considered

decision support - ANSWER-An executive support system is a type of ______
system

completeness - ANSWER-Before agreeing to discontinue a product, the CEO
requested detailed information on recent sales trends, existing customer transition
plans, cost projections, and many other aspects related to the product that would
best help characterize the pros and cons. The CEO is ensuring the _______ of
information available for making this decision

strategic alliance - ANSWER-A factory in Europe has excess manufacturing
capability and formally agrees to begin producing and distributing products for a
U.S.-based company eager to build a presence in Europe. This is an example of

expert - ANSWER-Problems that normally require human expertise are increasingly
being addressed by _______ systems, which employ human knowledge embedded
in computer software.

e-commerce - ANSWER-A(n) _______ system handles sales that take place
between companies and between companies and consumers using IT and the
Internet.

Enterprise resource planning - ANSWER-_______ systems are multimodule
application software packages that coordinate the various functional activities of
organizations.

True - ANSWER-Managers use an operations information system for nonroutine
decision-making tasks.

False - ANSWER-Realistic information reflects current conditions in the organization.

False - ANSWER-CEOs make frequent use of decision-support systems in their
decision-making.

, Ronny, who is struggling financially and has a family to support - ANSWER-Which
person is most likely to act unethically?

Ethics - ANSWER-______ are the moral principles and beliefs about what is the right
or appropriate way to behave.

whatever promotes a fair distribution of outcomes - ANSWER-One managerial
implication of the justice model is that to be ethical, managers should base their
decisions on

justice - ANSWER-The _______ rule states that an ethical decision is one in which
rewards and harms are distributed in a fair and impartial way.

ensures that managers will take into account the interests of all the stakeholders. -
ANSWER-The practical rule of ethical decision making

occupational - ANSWER-After a lengthy investigation, Legrand lost his license to
practice law on charges of accepting bribes. Most likely, Legrand violated his
_______ ethics.

moral scruples - ANSWER-Brenda, the CEO of a manufacturing company, knew that
her company followed the Environmental Protection Agency's (EPA) regulations for
purifying waste water; however, new research found that those regulations where not
strict enough and the drinking water would be affected. Brenda relied on her
_______ and told the plant manager to go beyond the EPA's required level to assure
that the company waste did not affect the community.

societal - ANSWER-_______ ethics are the standards that govern how members of
a society should deal with one another in matters involving issues such as fairness,
justice, poverty, and individual rights

accommodative - ANSWER-The _______ approach to social responsibility is most
likely to be taken by a typical large U.S. company.

Japan - ANSWER-Which country is known for being one of the most ethical
countries in the world?

ethical dilemma - ANSWER-Eleanor has witnessed her manager harassing a
coworker on multiple occasions. Eleanor knows that she should report the incidents
to a superior manager, but she is hesitant to report the inappropriate behavior
because she thinks she could lose her job. This example illustrates a(n)

produces the greatest good for the greatest number of people - ANSWER-The
utilitarian rule states that an ethical decision is one that

stockholders - ANSWER-_______ watch the company and its managers closely to
ensure that management is working diligently to increase the company's profitability.

individual - ANSWER-The influence of one's family, peers, and upbringing in general
can affect a person's _______ ethics.

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