OA EXAM 2 LATEST VERSIONS ACTUAL EXAM 250
QUESTIONS AND CORRECT DETAILED ANSWERS WITH
RATIONALES|ALREADY GRADED A+
Ethics - ANSWER: are the principles that guide a person's behavior.
legal - ANSWER: act that is permissible or in conformity with the law of the land.
legal-ethical - ANSWER: Law and persons Ethics are inlined
legal-unethical - ANSWER: When something is legal but is not ethical
Values - ANSWER: are the stable, enduring goals that one has for life.
Morals - ANSWER: sets of rules that individuals develop based on cultural norms and
beliefs
A job candidate asks questions during an interview to determine if personal life goals
align with those of the organization.
Which factor is the candidate using to guide the decision?
Cultural norms
Personal experiences
Values
Morals - ANSWER: Values
illegal-ethical - ANSWER: When a persons Ethical choice would be considered illegal
or against the law
Personal Ethics - ANSWER: Code, Principle, or values that drive us and shape the
interaction with others.
Organizational ethics - ANSWER: The moral values, beliefs, and rules that establish
the appropriate way for an organization and its members to deal with each other
and with people outside the organization.
A company insists on treating suppliers with respect and refuses to push them to the
lowest pricing possible.
Which level of organizational ethics is being used by this company?
Personal issues
Societal issues
Stakeholder's issues
Internal policy issues - ANSWER: Stakeholder's issues
, Which group is responsible for setting the ethical tone of a corporation?
Frontline employees
Creditors
Shareholders
Managers - ANSWER: Managers
A company is working hard to establish objectives that promote ethics and
standards.
What terms describe how these objectives are defined?
Specific and qualitative
Specific and measurable
Broad and qualitative
Broad and measurable - ANSWER: Specific and measurable
Organizational culture - ANSWER: refers to a system of shared assumptions, values,
and beliefs that shows employees appropriate and inappropriate behavior
international business culture - ANSWER: Culture is the sum of attitudes, values,
goals, and practices shared by individuals in a group, organization, or society.
Cultures vary over time periods, between countries and geographic regions
A CEO of a company wishes to create training material that clearly indicates shared
assumptions, values, and beliefs.
Which term is this material describing?
Organizational ethics
Organizational culture
International business culture
Institutional behavior - ANSWER: Organizational culture
Organizational culture comprises the company's established values and beliefs as
expressed through a mission and vision statement.
A company develops a program to help guide employees in decision-making and
defines expectations for accepting gift from clients.
what is the name of the program - ANSWER: Compliance and ethics
corporate social responsibility (CSR) - ANSWER: is a type of international private
business self-regulation that aims to contribute to societal goals of a philanthropic,
activist, or charitable nature by engaging in or supporting volunteering
A corporation is expanding its operations from being based solely in the United
States to having operations in Europe and China. The chief financial officer (CFO) is
concerned about variations in attitudes, values, and goals that may be seen across
these regions and how they will impact the company.
Which issue is of concern to the CFO?