Principles of Management

Nordic Europe and sub-Saharan Africa clusters are high on which leadership style, according to the GLOBE project?

Participative

Which of the following represents a consequentialist, "ends justifies means" approach?

utilitarianism

The Ethics & Compliance Initiative found more than half of global workers reported pressure to compromise their standards.

False

According to Caroucci, five ways organizations needlessly provoke good people to make unethical choices are as follows EXCEPT:

People feel psychologically safe to speak up.

3BL relates to which of the 3-Ps?

Profit, people, and planet

Our choices and decision-making processes and our moral principles and values that govern our behaviors regarding what is right and wrong are also part of ethics.

True

Intrapreneurs:

are accurately described by all of the above

Which of these describe the area of applied ethics that focuses on real-world situations and the context and environment in which transactions occur?

business ethics

The two forms of business financing are _____ (borrowed funds) and _____ (ownership funds).

debt;equity

Which term describes insights from an understanding of culture may not necessarily coincide with reality in that culture?

Cultural paradox

Which of these describes someone who creates a new ethical norm?

Moral entrepreneur

Which of the following describe the beliefs and behaviors that determine how a company's employees and management interact inside an organization and also handle outside business transactions?

Corporate culture

Which of the following is NOT and examples of high-rigor cross-cultural training?

Cross-cultural management courses

The movement of people from their home country to other countries refers to

immigration

Examples of _______ are being helpful, honest, courageous, independent, and polite.

instrumental values

Lachlan Stuart is employed by International Paper, a company that values his vision and creativity. To stay ahead in a very competitive industry, International Paper gives Stuart, and his division has almost complete autonomy to develop innovative and effective communications. Stuart is an example of a(n):

intrapreneur

Which of the following best describe eBay's business model?

B2C

Which of these describe a belief that corporations have a social responsibility beyond pure profit?

CSR

Which of the following is a trend that is changing the face of entrepreneurship and small business ownership?

entrepreneurial diversity

Samantha, manager at ABC International, is facing situations and predicaments in which there is not an optimal or desired choice to be made between two options, neither of which solves her issue or delivers an opportunity that is ethical. Samantha can be described as facing which of these?

ethical dilemma

Once Arnold Patel had decided he wanted to quit working as a Web designer for a large advertising agency and go into some kind of business for himself, he did a self-assessment, which indicated that he had an entrepreneurial spirit. His next step will be to:

find the idea for his business

In the management assistance area, the Small Business Administration (SBA) provides all of the following EXCEPT:

free college credit courses in management

Which of the following is based on the assumption that the world is extremely interconnected, and that patterns of consumption and production are fairly homogeneous worldwide?

A global strategy

Hannah Li wants to quit her job as a legal secretary and start her own small business. She knows that she will be successful if she can find the right idea. Where can Li look for ideas for her new business?

All of the above

When leaders believe they can do no wrong because of who they are, it refers to which of these symptoms of the failure of ethical leadership?

Ethical complacency

Which of these holds that people set their own moral standards for judging their actions, based on self-interest?

Ethical relativism

Which of the following occurs when a company invests in another country by constructing facilities and buildings in that country?

FDI

The culture of compliance refers to when people trust online reviews of their companies more than what companies communicate.

False

All of the following are characteristics of an entrepreneurial personality EXCEPT:

the willingness to be a follower rather than a leader

According to Chester Barnard, ______ is one that inspires "cooperative personal decisions by creating faith in common understanding, faith in the probability of success, faith in the ultimate satisfaction of personal motives, and faith in the integrity of common purpose.

values-based leadership