Reference no: EM13967185

1. Which of the following statements concerning a business code of ethics is false?

a. it is an informal statement that acts as a guide for internal decision making

b. it is impossible to cover all ethical and unethical conduct within an organization in one code

c. codes of ethics commonly address gift-giving

d. it is perceived as an effective and efficient means of encouraging internal ethical practices

e. the vast majority of Fortune 500 firms have ethical codes

2. A major argument against business performing socially responsible activities is that:

a. business has too much influence on society as it is without increasing its role

b. it produces monopolies

c. it violates profit maximization

d. it always detracts from profitability

e .the social costs related to each activity, product, or service should be passed on to the consumer

3. According to the systems approach, the management system would be considered:

a. an open system

b. an integrated system

c. part of the external environment

d. a closed system

e. none of the above

4. According to Fayol, ________ is the idea of lowering the importance of the subordinate role.

a. Centralization

b. Remuneration

c. Decentralization

d. Delegation

5. Gantt's favored compensation system incorporated a piece-rate system and a bonus system.

True or False

6. The primary limitation of the Classical Approach is that:

a. it views management as a science rather than as an art

b. it is only for lower-level managers

c. it views the organization as a closed system

d. it can be used only in manufacturing firms

e. it does not adequately emphasize human variables

7. The information used to discuss the management system is generally derived from the classical, behavioral, and management science schools of thought.

True or False

8. The classical approach to management can be divided into a lower-level analysis and an upper-level analysis.

True or False

9. The human relations movement is a people-oriented approach to management in which the interaction of people in organizations is studied to judge its impact on organizational success.

True or False

10. Organization members who are citizens of one country and work in another country for an organization headquartered in still another country are:

a. repatriates

b. third-country nationals

c. host-country nationals

d. immigrants

e. expatriates