8. What is the first activity that should be performed in a strategy evaluation framework?

A. Measure organizational performance.

B. Identify key external and internal factors.

C. Determine feasibility and advantage.

D. Identify events that could derail strategy.

E. Take corrective action.

9. There is an emerging concern about ________, intimate relationships between consenting employees.

A. equal employment opportunity

B. workplace romance

C. sexual harassment

D. collusion

E. business ethics

10. All the following are concerns related to workplace romance EXCEPT which one?

A. Conflicts of interest can arise.

B. Employees will work more cooperatively.

C. Personal arguments can lead to work arguments.

D. Confidentiality of records can be breached.

E. The quality and quantity of work can be reduced.

11. Alpha Corporation is helping hurricane victims along the Gulf Coast by having employees deliver bottled water, prepaid cell phones, and other supplies purchased by the company to victims. This is an example of ________.

A. business ethics

B. strategy formulation

C. social responsibility

D. sustainability

E. capital budgeting

12. According to the Institute of Business Ethics, which of the following is most correct?

A. A clear commitment to ethical content will reduce profits, but is the right thing to do.

B. Companies with a clear commitment to ethical conduct consistently outperform companies that do not demonstrate the same commitment.

C. Companies with a clear commitment to ethical conduct generally have a slightly lower return on investment but greater employee satisfaction.

D. Companies must evaluate their commitment to ethical content if they want to maximize shareholder wealth.

E. Companies with a clear commitment to ethical conduct generally have a slightly lower return on investment but greater customer loyalty.

13. Which of the following is NOT true about businessethics?

A. Businesses should become involved in community-related issues and activities.

B. Businesses should be sure that all their print and electronic materials clearly represent the truth.

C. Businesses should treat others with the utmost respect.

D. Businesses should do everything possible to gain the trust of past customers and clients, particularly if something has gone wrong.

E. Businesses should stay focused on their plans and avoid being swayed by customer or community feedback.

14. ________ can be defined as principles of conduct within an organization that guide decision making and behavior.

A. Business ethics

B. Capital budgeting

C. Strategy formulation

D. Social responsibility

E. Sustainability

15. A(n) ________ is an employee or other insider who reports ethical or legal violations within an organization.

A. auditor

B. leader

C. ombudsman

D. whistle-blower

E. strategist

16. Edward has arrived just a few minutes late to submit hiscompany's bid for a large state contract. To encourage the state employee to accept his bid, he offers the employee tickets to a NFL playoff game. This is an example of a(n) ________.

A. incentive

B. bonus

C. bribe

D. reward

E. kickback

17. Which of the following is the BEST example of a company being socially responsible?

A. Giving holiday bonuses to employees.

B. Donating bottled water and other supplies to shelters after an earthquake.

C. Lending money to an important customer.

D. Sponsoring a sports team in return for having the company logo appear on the team's jerseys.

E. Sponsoring a picnic for the company's customers and their families.

18. A foreign corn producer provides corn to a domestic company at a 10 percent lower price than what is available domestically. Lobbyists for the domestic agriculture industry successfully secure higher tariffs for imported corn. Which of the following often results in higher prices for consumers?

A. globalization

B. customs enforcement

C. protectionism

D. domestic policy

E. capitalism

19. You have been asked to evaluate a matrix, but it's not clearly labeled. The matrix is organized on two key dimensions, IFE total weighted scores and EFE total weighted scores. Based on this information, it appears that you are looking at a ________ Matrix.

A. Boston Consulting Group

B. Quantitative Strategic Planning

C. Strategic Position and Action Evaluation

D. Strengths-Weaknesses-Opportunities-Threats

E. Internal-External

20. Who performs the functions of oversight and direction in anorganization?

A. The supervising managers

B. The CEO

C. The board of directors

D. The elected employee representatives

E. The administrators

8. What is the first activity that should be performed in a strategy evaluation framework?

A. Measure organizational performance.

B. Identify key external and internal factors.

C. Determine feasibility and advantage.

D. Identify events that could derail strategy.

E. Take corrective action.

9. There is an emerging concern about ________, intimate relationships between consenting employees.

A. equal employment opportunity

B. workplace romance

C. sexual harassment

D. collusion

E. business ethics

10. All the following are concerns related to workplace romance EXCEPT which one?

A. Conflicts of interest can arise.

B. Employees will work more cooperatively.

C. Personal arguments can lead to work arguments.

D. Confidentiality of records can be breached.

E. The quality and quantity of work can be reduced.

11. Alpha Corporation is helping hurricane victims along the Gulf Coast by having employees deliver bottled water, prepaid cell phones, and other supplies purchased by the company to victims. This is an example of ________.

A. business ethics

B. strategy formulation

C. social responsibility

D. sustainability

E. capital budgeting

12. According to the Institute of Business Ethics, which of the following is most correct?

A. A clear commitment to ethical content will reduce profits, but is the right thing to do.

B. Companies with a clear commitment to ethical conduct consistently outperform companies that do not demonstrate the same commitment.

C. Companies with a clear commitment to ethical conduct generally have a slightly lower return on investment but greater employee satisfaction.

D. Companies must evaluate their commitment to ethical content if they want to maximize shareholder wealth.

E. Companies with a clear commitment to ethical conduct generally have a slightly lower return on investment but greater customer loyalty.

13. Which of the following is NOT true about businessethics?

A. Businesses should become involved in community-related issues and activities.

B. Businesses should be sure that all their print and electronic materials clearly represent the truth.

C. Businesses should treat others with the utmost respect.

D. Businesses should do everything possible to gain the trust of past customers and clients, particularly if something has gone wrong.

E. Businesses should stay focused on their plans and avoid being swayed by customer or community feedback.

14. ________ can be defined as principles of conduct within an organization that guide decision making and behavior.

A. Business ethics

B. Capital budgeting

C. Strategy formulation

D. Social responsibility

E. Sustainability

15. A(n) ________ is an employee or other insider who reports ethical or legal violations within an organization.

A. auditor

B. leader

C. ombudsman

D. whistle-blower

E. strategist

16. Edward has arrived just a few minutes late to submit hiscompany's bid for a large state contract. To encourage the state employee to accept his bid, he offers the employee tickets to a NFL playoff game. This is an example of a(n) ________.

A. incentive

B. bonus

C. bribe

D. reward

E. kickback

17. Which of the following is the BEST example of a company being socially responsible?

A. Giving holiday bonuses to employees.

B. Donating bottled water and other supplies to shelters after an earthquake.

C. Lending money to an important customer.

D. Sponsoring a sports team in return for having the company logo appear on the team's jerseys.

E. Sponsoring a picnic for the company's customers and their families.

18. A foreign corn producer provides corn to a domestic company at a 10 percent lower price than what is available domestically. Lobbyists for the domestic agriculture industry successfully secure higher tariffs for imported corn. Which of the following often results in higher prices for consumers?

A. globalization

B. customs enforcement

C. protectionism

D. domestic policy

E. capitalism

19. You have been asked to evaluate a matrix, but it's not clearly labeled. The matrix is organized on two key dimensions, IFE total weighted scores and EFE total weighted scores. Based on this information, it appears that you are looking at a ________ Matrix.

A. Boston Consulting Group

B. Quantitative Strategic Planning

C. Strategic Position and Action Evaluation

D. Strengths-Weaknesses-Opportunities-Threats

E. Internal-External

20. Who performs the functions of oversight and direction in anorganization?

A. The supervising managers

B. The CEO

C. The board of directors

D. The elected employee representatives

E. The administrators

8. What is the first activity that should be performed in a strategy evaluation framework?

A. Measure organizational performance.

B. Identify key external and internal factors.

C. Determine feasibility and advantage.

D. Identify events that could derail strategy.

E. Take corrective action.

9. There is an emerging concern about ________, intimate relationships between consenting employees.

A. equal employment opportunity

B. workplace romance

C. sexual harassment

D. collusion

E. business ethics

10. All the following are concerns related to workplace romance EXCEPT which one?

A. Conflicts of interest can arise.

B. Employees will work more cooperatively.

C. Personal arguments can lead to work arguments.

D. Confidentiality of records can be breached.

E. The quality and quantity of work can be reduced.

11. Alpha Corporation is helping hurricane victims along the Gulf Coast by having employees deliver bottled water, prepaid cell phones, and other supplies purchased by the company to victims. This is an example of ________.

A. business ethics

B. strategy formulation

C. social responsibility

D. sustainability

E. capital budgeting

12. According to the Institute of Business Ethics, which of the following is most correct?

A. A clear commitment to ethical content will reduce profits, but is the right thing to do.

B. Companies with a clear commitment to ethical conduct consistently outperform companies that do not demonstrate the same commitment.

C. Companies with a clear commitment to ethical conduct generally have a slightly lower return on investment but greater employee satisfaction.

D. Companies must evaluate their commitment to ethical content if they want to maximize shareholder wealth.

E. Companies with a clear commitment to ethical conduct generally have a slightly lower return on investment but greater customer loyalty.

13. Which of the following is NOT true about businessethics?

A. Businesses should become involved in community-related issues and activities.

B. Businesses should be sure that all their print and electronic materials clearly represent the truth.

C. Businesses should treat others with the utmost respect.

D. Businesses should do everything possible to gain the trust of past customers and clients, particularly if something has gone wrong.

E. Businesses should stay focused on their plans and avoid being swayed by customer or community feedback.

14. ________ can be defined as principles of conduct within an organization that guide decision making and behavior.

A. Business ethics

B. Capital budgeting

C. Strategy formulation

D. Social responsibility

E. Sustainability

15. A(n) ________ is an employee or other insider who reports ethical or legal violations within an organization.

A. auditor

B. leader

C. ombudsman

D. whistle-blower

E. strategist

16. Edward has arrived just a few minutes late to submit hiscompany's bid for a large state contract. To encourage the state employee to accept his bid, he offers the employee tickets to a NFL playoff game. This is an example of a(n) ________.

A. incentive

B. bonus

C. bribe

D. reward

E. kickback

17. Which of the following is the BEST example of a company being socially responsible?

A. Giving holiday bonuses to employees.

B. Donating bottled water and other supplies to shelters after an earthquake.

C. Lending money to an important customer.

D. Sponsoring a sports team in return for having the company logo appear on the team's jerseys.

E. Sponsoring a picnic for the company's customers and their families.

18. A foreign corn producer provides corn to a domestic company at a 10 percent lower price than what is available domestically. Lobbyists for the domestic agriculture industry successfully secure higher tariffs for imported corn. Which of the following often results in higher prices for consumers?

A. globalization

B. customs enforcement

C. protectionism

D. domestic policy

E. capitalism

19. You have been asked to evaluate a matrix, but it's not clearly labeled. The matrix is organized on two key dimensions, IFE total weighted scores and EFE total weighted scores. Based on this information, it appears that you are looking at a ________ Matrix.

A. Boston Consulting Group

B. Quantitative Strategic Planning

C. Strategic Position and Action Evaluation

D. Strengths-Weaknesses-Opportunities-Threats

E. Internal-External

20. Who performs the functions of oversight and direction in anorganization?

A. The supervising managers

B. The CEO

C. The board of directors

D. The elected employee representatives

E. The administrators