WGU 072 Study guide exam (Fundamentals for Success in Business)

WGU 072 Study guide exam (Fundamentals for Success in Business) An organization plans to close its local factory and shift manufacturing operations overseas. This brings opposition from employees. Which terms describes this organizational move? - CORRECT ANSWER-legal-ethical Individual authors wrote books about the negative environmental impacts of some industries, including the coal industry. Which benefit did the authors' work have on society? - CORRECT ANSWER-It drew the public's attention to the targeted issue. The accountant of a company was asked to change the current quarterly sales results by adding sales that were set to occur next quarter. Which stakeholder group is directly impacted by this action? - CORRECT ANSWER-shareholders A new manager in a restaurant decides to cut costs by purchasing sub-standard materials. What are the implications of this manager's actions? - CORRECT ANSWERThe customer base of the restaurant will decrease. A U.S. company hires a new employee from Germany. The new employee is being trained by other employees on the company's conflict resolution practices in alignment with the company's mission and ethical standards. As part of the training, the employee identifies how the ethical values of the company are consistent with the employee's values. Which aspect of the company is the employee learning? - CORRECT ANSWER-Organizational culture A senior manager asks an employee to omit a key section from a financial report to hide some distressing data. Which aspect of the organization is being violated by the manager's behavior? - CORRECT ANSWER-ethics An employee overhears an office manager telling a prospective client that the company does not work with people from a particular ethnicity even though the company has a nondiscrimination policy. Which element is violated by the actions of this office manager? - CORRECT ANSWER-Employee handbook guidelines A young, unmarried employee who is an only child has a conversation with an older, married employee with siblings about the corporate decision to enter into a lucrative contract with a firm that legally supplies substandard medications to developing countries. The two employees disagree as to whether the company's decision was ethical. What is the primary demographic trait that influences the values of these employees? - CORRECT ANSWER-age A corporation's code of ethics endorses a green work place. Which employee activity models this code? - CORRECT ANSWER-Starting an office recycling program A company advertises that it uses environmentally safe practices in all business processes; however, the chief financial officer (CFO) has blocked the adoption of many environmentally safe practices because of the additional costs to the company .Which controversial business practice is this company using? - CORRECT ANSWERgreenwashing Which organizational department is responsible for managing receivables and payables for a company? - CORRECT ANSWER-Accounting and finance Which function is performed by the information technology department of an organization? - CORRECT ANSWER-Computer installation Which organizational department is responsible for maintaining compliance with labor laws? - CORRECT ANSWER-Human resources A supervisor assigns an employee to work on a small project that is directly related to a corporate goal, and the employee's skill set makes them the ideal person to accomplish the task. What is this employee's managerial designation? - CORRECT ANSWERIndividual An employee is involved in providing vision and direction for an organization and developing broad goals designed to move the organization towards that vision. What is this employee's management role in the organization? - CORRECT ANSWER-top An employee is involved directly with each of the individuals tasked with working on actionable items designed to pursue goals that will move the organization towards its vision statement. What is this employee's management role in the organization? - CORRECT ANSWER-front line A meeting of the company's chief financial officer, chief information officer, and all three of the executive vice presidents must occur early next week. Which group of managers will be present at this meeting? - CORRECT ANSWER-top Which type of organizational culture in the Competing Values Framework focuses on accountability to shareholders, competitiveness, and productivity? - CORRECT ANSWER-market Which pair of attributes captures the focus of an adhocracy culture within the competing values framework? - CORRECT ANSWER-Adjustable and entrepreneurial Which set of attributes reflects a hierarchy culture within the Competing Values Framework? - CORRECT ANSWER-Proc