Business Leadership Exam Review
The individualism view of ethical behaviour is based on the belief of advancing long-term self-
interests
T
Corporate strategy answers the question, "How can we best utilize resources to implement our
business strategy?
T
The justice view of ethical behaviour focuses on treating people impartially and fairly according to
guiding rules and standards.
F
Functional strategy, business strategy, and corporate strategy should be integrated in a means-end
fashion to accomplish objectives and create sustainable competitive advantage.
T
An ethical dilemma occurs when a situation requires the choice of a course of action but there is no
clear consensus of what is right and wrong.
T
Oral histories and tales about dramatic sagas and incidents in life of the organization reflect the
symbols element of observable culture.
F
A whistleblower is a person who exposes the misdeeds of others in an attempt to divert attention
from his or her own unethical behaviour.
F
Heros are the people who are singled out for special attention in an organization's observable culture.
T
Since a crisis can lead to disaster if not resolved quickly and appropriately, it should be handled
through programmed decision making.
T
As a part of the observable culture of organization, norms are the ceremonies and meetings that
celebrate important occasions and performance accomplishments.
F
Intellectual capital can be defined as...
The shared knowledge of a workforce that can be used to create wealth.
According to the text, the major opportunities for developing competitive advantage have
traditionally included all of the following except...
The individualism view of ethical behaviour is based on the belief of advancing long-term self-
interests
T
Corporate strategy answers the question, "How can we best utilize resources to implement our
business strategy?
T
The justice view of ethical behaviour focuses on treating people impartially and fairly according to
guiding rules and standards.
F
Functional strategy, business strategy, and corporate strategy should be integrated in a means-end
fashion to accomplish objectives and create sustainable competitive advantage.
T
An ethical dilemma occurs when a situation requires the choice of a course of action but there is no
clear consensus of what is right and wrong.
T
Oral histories and tales about dramatic sagas and incidents in life of the organization reflect the
symbols element of observable culture.
F
A whistleblower is a person who exposes the misdeeds of others in an attempt to divert attention
from his or her own unethical behaviour.
F
Heros are the people who are singled out for special attention in an organization's observable culture.
T
Since a crisis can lead to disaster if not resolved quickly and appropriately, it should be handled
through programmed decision making.
T
As a part of the observable culture of organization, norms are the ceremonies and meetings that
celebrate important occasions and performance accomplishments.
F
Intellectual capital can be defined as...
The shared knowledge of a workforce that can be used to create wealth.
According to the text, the major opportunities for developing competitive advantage have
traditionally included all of the following except...
