Fundamentals for Success in Business (WGU D072) Final exam

Fundamentals for Success in Business (WGU D072) Final exam In an effort to cut costs, an apparel factory is moving operations to another country where labor is cheap and employment laws are less stringent. Costs can only be kept low if the factory operates like a sweatshop. Which type of problem is this company facing? - CORRECT ANSWER-Legal-unethical The chief executive officer (CEO) of a company decides to change the way thecompany has been functioning over the years in order to improve its reputation.The CEO decides to pay the employees a fair wage, show a good profit margin, and produce a reliable product. But even after a year, there is not much change inthe way the community perceives the company. Which action will provide theimprovement this CEO is seeking?" - CORRECT ANSWER-Investing in social and environmental causes The chief executive officer (CEO) of a beverage company wants to promote a healthy lifestyle to its customers. Which action will achieve this goal? - CORRECT ANSWERBuild a park for the community that includes walking trails A manufacturing cosmetics company currently avoids testing its products on animals, but the new chief executive officer (CEO) decides to begin that practice since it will help cut company costs. Which impact will this have on the organization? - CORRECT ANSWER-It will be viewed as being unethical. During a meeting, a senior manager became upset over an issue and used profanity when responding to lower-level managers. The behavior disrupted the whole company. Which organizational element of ethics did this manager violate? - CORRECT ANSWER-Culture An act of violence occurs in the country. When a company leader is asked about the situation by a colleague at lunch, the leader opens up to the colleague and expresses concerns about the aggression associated with the event. Which ethical concept is driving this leader's response? - CORRECT ANSWER-Personal ethics A junior accountant discovered fraud in the recording of accounts receivable and plans to report this information to the local media. Which law protects this junior accountant from retaliation by management of the company? - CORRECT ANSWER-SarbanesOxley Act A company employee notices that a member of upper management is harassing a newly hired employee. The employee reports this behavior to the local authorities. Which term describes the action taken by the employee who reported the incident? - CORRECT ANSWER-Whistleblowing A corporation is opening a new factory in a small rural community and would like to demonstrate an ethical commitment to environmental responsibility in the new location. Which action demonstrates this commitment? - CORRECT ANSWER-Invite local citizens to a tree-planting event along the town's main street Which employee action illustrates a personal commitment to environmentally friendly business processes that also benefit the organization and local community? - CORRECT ANSWER-Starting a recycling programming at the workplace to reduce landfill waste Which organizational department is responsible for target market identification? - CORRECT ANSWER-Marketing An employee takes a set of goals and turns them into actionable items to assign to a team. What is this employee's management role in the organization? - CORRECT ANSWER-Middle A new manager of a sales department receives the monthly reports from all four of the company's sales locations throughout the state. The manager must interpret this data to set targets for sales for the next month and next quarter. Which skill set must this manager possess to fulfill this job responsibility? - CORRECT ANSWER-Analysis Which organizational department is responsible for managing and overseeing employee compensation and benefits? - CORRECT ANSWER-Human resources A manager encourages employees to think creatively and take risks to increase their impact on the organization. Which type of organizational culture is reflected? - CORRECT ANSWER-Adhocracy Which characteristic of an organization is considered in the Competing Values Framework? - CORRECT ANSWER-External versus internal focus of activity Which characteristic must exist in order for new employees to perform well in an organization prior to being fully trained? - CORRECT ANSWER-Fit with the culture An organization is known to have a culture that has a low tolerance for ambiguity. Which personality type is ideally suited for this organizational culture? - CORRECT ANSWERRigorous Which personality trait is ideally suited for an organizational culture that stresses individualism? - CORRECT ANSWER-Independent Which set of attributes reflects a market culture within the Competing Values Framework? - CORRECT ANSWER-Results