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Exam 3: The Managers Changing Work Environment and Ethical Responsibilities: Doing the Right Thing

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Question 51

Multiple Choice

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When a pharmaceutical company wants to sell a newly tested drug to the public, it must first meet the ground rules established by

A) its strategic allies.
B) the employee unions.
C) special-interest groups.
D) financial institutions.
E) government regulators.

F) B) and C)
G) A) and E)

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Question 52

Multiple Choice

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Which forces are part of the macroenvironment?

A) Economic, technological, sociocultural, and diversity
B) Diversity, microenvironment, sociocultural, demographic, and political-legal
C) Globalism, technological, sociocultural, demographic, and microenvironment
D) Economic, technological, sociocultural, demographic, political-legal, and international
E) International, demographic, diversity, family, culture, and technology

F) B) and E)
G) A) and E)

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Question 53

Multiple Choice

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Blake has managed several restaurants for over 50 years and is close to retirement. With his maturity and business experience, his decisions are sound, based on solid, proven values. Blake tends to be an independent thinker who focuses on empowering his employees. Blake manages at Kohlberg's ________ level of personal moral development.

Rosemarie and Dominique, owners of Sugarplum Coffee and Pastry Shop, are concerned because Panera Bread is opening a new store just one mile from their shop. Rosemarie and Dominique know that Panera will be offering similar products; therefore, Panera Bread will be a(n) ________ of Rosemarie and Dominique.

This question has two parts; be sure to answer both. First, what are external stakeholders? Next, imagine you are the manager of an art gallery, Designz, whose mission is to show (and sell) art by marginalized populations, such as the homeless or undocumented immigrants. Describe at least three of Designz's external stakeholders in the task environment.

Describe the Sarbanes-Oxley Act of 2002 and the mandates it placed on organizations.

Changes in the economic, political, legal, and technological global system that may affect an organization are ________ forces. For example, stresses within the European Union (including the United Kingdom's recent decision to exit the EU) may have global ramifications.

Katelyn, a millennial, is conducting her job search. She wants to work for a company that cares not only about its people, but about the planet too. In reviewing different company portfolios, where in the company would you guide her to be successful with her research?

Cherries on Top, a national ice cream shop, is struggling financially to keep up with the bigger chains. The top executives have decided to close all the stores in the Northeast and Texas, as that will give them an additional one million dollars to put into marketing. This executive is practicing the

Explain the recent concerns for the independence of the board of directors.

This question has two parts; be sure to answer both. First, explain each element of the triple bottom line. Next, imagine that you are managing Bright Smile Inc., a company that produces chemical treatments that dentists use to whiten their patients' teeth. Explain how you might take each element of the triple bottom line into account in your day-to-day management of the company.

To focus on improving company customer service this year, the CEO of a home goods manufacturing company outlined a list of stakeholders to concentrate on: distributors, local communities, and special-interest groups. These three groups are

Sustainable economic development

As the CEO of a company that produces products for schools, Amber believes that her company needs not only to produce a profit but also to do things that benefit society. ________ guides Amber's beliefs.

Ashish comes to work looking exhausted almost every day. He is a new father and the baby is not sleeping well. James, his manager, asks Ashish to change the number of documents that the team has processed for the month so that the report shows the quota was met. Ashish agrees without putting up much of fight. James takes advantage of the fact that Ashish is sleep-deprived and will be more likely to engage in unethical behavior.