Question
3. Which of the following is not a provision of the Sarbanes-Oxley Act? A) Strengthens penalties for corporate fraud B) Developed the Consumer Financial Protection
3. Which of the following is not a provision of the Sarbanes-Oxley Act? A) Strengthens penalties for corporate fraud
B) Developed the Consumer Financial Protection Bureau
C) Requires codes of ethics for financial reporting in corporations
D) Makes fraudulent financial reporting a criminal offense
E) Requires greater transparency in financial reporting
18. Those who have influence in a work group are referred to as significant others and include. a) peers, managers, coworkers, and subordinates. b) family members, peers, and coworkers. c) spouses and friends. d) employees in similar job situations. e) employees who hold the same job.
What is the difference between transactional leaders and transformational leaders? A) The former (transactional) are emotional leaders, whereas the latter (transformational) are stoic leaders B) The former set low standards for employees, whereas the latter set high standards C) The former set high standards for employees, whereas the latter set low standards D) The former attempt to create employee satisfaction through negotiating or bartering, while the latter strive to raise employees' level of commitment and foster trust and motivation E) The former strive to raise employees' level of commitment and foster trust and motivation, while the latter attempt to create employee satisfaction through negotiating or bartering
23. An advantage of the decentralized organization is that A) the focus is on formal rules, policies, and procedures backed up with elaborate control systems. B) there is a high level of bureaucracy. C) each worker knows his or her job and what is specifically expected as well as how to carry out designated tasks. D) it is adaptable and can quickly respond to external change. E) there is minimal upward communication.
30. The Sarbanes-Oxley Act
A) only applies to firms with over 50 employees. B) has institutionalized internal whistle-blowing. C) was eventually replaced with the Dodd-Frank Act. D) requires all organizations to make their financial information public. E) involves too many complicated steps for it to be feasible for most organizations.
Discuss the difference between Transactional Leadership and Transformational Leadership. Which of the two do you believe is the most effective and why?
What is meant by the term corporate culture? Discuss four different culture types: Apathetic, Caring, Exacting, and Integrative.
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