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Fundamentals for Success in Business - D072

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Fundamentals for Success in Business - D072

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  • August 31, 2024
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  • 2024/2025
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Fundamentals for Success in Business - D072
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Fundamentals for Success in Business - D072
1. The chief executive officer (CEO) of a beverage company wants to promote a
healthy lifestyle to its customers. Which action will achieve this goal?-
: Build a park for the community that includes walking trails
2. 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?: It will be viewed as being unethical.
3. 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?: Culture
4. 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?: Personal ethics
5. . 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?: Sarbanes-
Oxley Act
6. 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?: Whistleblowing
7. 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?: Invite local citizens
to a tree-planting event along the town's main street
8. Which employee action illustrates a personal commitment to environmentally
friendly business processes that also benefit the organization and local
community?: Starting a recycling programming at the workplace to reduce landfill
waste
9. Human Resources (HR): Human Resources (HR)This department deals with all
employee-related issues, including the following: Labor laws compliance,
Recruitment and onboarding, Payroll compensation and benefits, Internal relations,
Training and development, Safety and maintenance
10.Research and Development: The main functions of this department are to:
Product improvisation and New product development (NPD)
11.Accounting and Finance: The duties of this department include the following:






, Fundamentals for Success in Business - D072
Study online at https://quizlet.com/_338jdd

.
Accounts payable, Accounts receivable and revenue tracking, Payroll and taxes,
Financial reporting, Financial controls
12.Information Technology: This department deals with all issues related to technology
in an organization. It carries out the following three major functions in an
organization: Governance, Infrastructure, and Functionality
13.Which department in an organization is responsible for customer research,
branding, and advertising?: Marketing
14.During the workday, an employee's tasks include recruiting, onboarding new
employees, and administering training and development. In which organizational
department is this employee working?: HR
15.During the workday, an employee's tasks include processing incoming payments,
creating invoices, and making timely payments.
In which organizational department is this employee working?: Accounting and
Finance
16.A company is looking to optimize their procure-to-pay system by implementing
robotics to automate this match, which is currently handled manually.
Which type of management is this company pursuing?: Process
17.Top management: President, CEO, Executive, Vice Presidents
18.Middle Management: Plant Managers, Division Managers, Department Managers
19.First-Line Management: Foreman, Supervisors, Office Managers
20.Are responsible for functions including planning, organizing, implementing
strategies, and motivating and evaluating employees: Managers
21.______________ functions revolved around 3 roles: Interpersonal role,
Informational role, and Decisional role: managerial functions
22.Major skills that a manager must have to manage effectively and accomplish
goals may be broadly classified into three categories:: Technical skills,
Communication skills, and Analysis skills

23.Marketing: This department serves as the "face" of the company and carries out the
following functions: Customer and market research, Target market identification,
Branding, and Advertising
24.Ability: Possession of the means or skill to do something
25.Active listening: Giving the sender full, undisturbed attention with the intention of
fully receiving his or her message
26.Assertive communicator: Productive communication style used by those who
express their ideas while listening attentively to others
27.Attraction-selection-attrition (A-S-A): A theory holding that (1) individuals are
attracted to organizations whose members are similar to themselves in terms of
personality, values, interests, and other attributes; (2) organizations are more likely to
select those who possess knowledge, skills, and abilities similar to the ones their





, Fundamentals for Success in Business - D072
Study online at https://quizlet.com/_338jdd

.
existing members possess; and (3) over time, those who do not fit in well are more
likely to leave
28.Attrition: The unpredictable and uncontrollable but normal reduction of work force
due to resignations, retirement, sickness, or death
29.Autocratic style: Leadership style that keeps close control over subordinates and
does not seek much input from others
30.Barrier to effective communication: Factor that prevents the receiver from receiving
and understanding the message accurately
31.Behavioral Event Interviews: Guided interview questions where individuals
describe their thoughts and feelings during specific situations and a coach helps
establish a development plan
32.Channel: Means of passing information from sender to recipient, such as via face-to-
face meeting or telephone call
33.Code of ethics: Guide that publicly sets out an organization's key values and ethical
obligations
34.Coercive power: Ability to take something away or punish someone for
noncompliance
35.Communication: Sharing understanding and meaning via oral, nonverbal, and
written forms
36.Communication style: Dominant way in which an individual interacts and exchanges
information with others
37.Consideration: The relationship oriented behaviors of a leader
38.Corporate culture: The attitudes, values, and standards of behavior that distinguishes
one organization from another
39.Corporate social responsibility (CSR): Philosophy in which a company voluntarily
engages in actions that benefit society, be it economically, socially, politically, or
environmentally
40. cultural alignment: Linking of organizational goals with the employees' personal
goals
41.Cultural diversity: The existence of a variety of cultural or ethnic groups within a
workplace
42.Design thinking: A method of problem-solving strategy wherein the data collected
are expressed visually in order to create new strategies, ways, and methods to solve
problems, create opportunities or strengthen weaknesses
43.Effective communication: When information transmitted is interpreted by the
receiver in the way it was intended by the sender
44.Emotional intelligence: The capacity to be aware of, control, and express one's
emotions, and to handle interpersonal relationships judiciously and empathetically
45.Emotional quotient: The level of a person's emotional intelligence, often as
represented by a score in a standardized test

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