Performed in strategy evaluation? framework

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Reference no: EM132306085

1. 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.

2. 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

3. 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.

4. 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

5. 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.

6. Which of the following is NOT true about business? ethics?

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.

7. ?________ 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

8. 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

9. Edward has arrived just a few minutes late to submit his? company'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

10. 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.

11. 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

12. 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

13. Who performs the functions of oversight and direction in an? organization?

A. The supervising managers

B. The CEO

C. The board of directors

D. The elected employee representatives

E. The administrators

Reference no: EM132306085

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