Hrm 522 final exam part 2

 

Question 1

 

 

 

The ________ formed in 1995 and administers its own trade agreements, facilitates future trade negotiations, settles trade disputes, and monitors the trade policies of member nations.

 

Answer

 

[removed]

 

International Monetary Fund

[removed]

 

United Nations

[removed]

 

World Trade Organization

[removed]

 

North American Free Trade Act

[removed]

 

European Union

 

 

 

Question 2

 

 

 

Who argued during the 1930s that the state could stimulate economic growth and improve stability in the private sector?

 

Answer

 

[removed]

 

Adam Smith

[removed]

 

John Maynard Keynes

[removed]

 

Milton Friedman

[removed]

 

Herbert Hoover

[removed]

 

Geert Hofstede

 

 

 

Question 3

 

 

 

Risk compartmentalization occurs when

 

Answer

 

[removed]

 

companies place their most problematic employees into separate profit centers so that they cannot influence one another to act unethically.

[removed]

 

all profit centers within a corporation are aware of the code of ethics.

[removed]

 

all profit centers within an organization become aware of the consequences of competitors’ actions.

[removed]

 

various profit centers within an organization become unaware of the consequences of their actions on the firm as a whole.

[removed]

 

ethics and compliance programs reduce the risk of misconduct

 

 

 

Question 4

 

 

 

The growth of the Internet and differing security laws between countries has led to an increase in concern for the human right of

 

Answer

 

[removed]

 

religion.

[removed]

 

a secure job.

[removed]

 

healthcare.

[removed]

 

privacy.

[removed]

 

freedom of speech

 

 

 

Question 5

 

 

 

When in Rome, do as the Romans do, or you must adapt to the cultural practices of the country in which you are operating
are rationalizations businesspeople sometimes offer for straying from their own ethical values when doing business abroad. This practice is called

 

Answer

 

[removed]

 

self-reference criterion.

[removed]

 

country cultural values.

[removed]

 

consumerism.

[removed]

 

cultural relativism.

[removed]

 

dumping

 

 

 

Question 6

 

 

 

________ is a term used by Adam Smith to explain the inherent mechanisms at work in free market systems that keep commerce in equilibrium. It is also known as the “invisible hand.”

 

Answer

 

[removed]

 

Consumerism

[removed]

 

Cultural relativism

[removed]

 

Social democracy

[removed]

 

Laissez-fair

[removed]

 

Bimodal wealth distribution

 

 

 

Question 7

 

 

 

Which of the following has the power to enact legally binding ground rules for international commerce and trade policy?

 

Answer

 

[removed]

 

Global Sullivan Principles

[removed]

 

World Trade Organization

[removed]

 

Global Sullivan Organization

[removed]

 

Federal Trade Commission

[removed]

 

Global Commerce Association

 

 

 

Question 8

 

 

 

________ involves transactions across national boundaries. It is a practice that brings together people who have different cultures, values, laws, and ethical standards.

 

Answer

 

[removed]

 

Global business

[removed]

 

Country cultural values

[removed]

 

Social democracy

[removed]

 

Cultural relativism

[removed]

 

Bimodal wealth distribution

 

 

 

Question 9

 

 

 

________ is a two-way process in which the communicator communicates with superiors and subordinates.

 

Answer

 

[removed]

 

Cooperation

[removed]

 

Transparency

[removed]

 

Leader-follower congruence

[removed]

 

Reporting

[removed]

 

Collaboration

 

 

 

Question 10

 

 

 

Which type of leader relies on participation and teamwork to reach collaborative decisions?

 

Answer

 

[removed]

 

Transformational

[removed]

 

Coercive

[removed]

 

Democratic

[removed]

 

Coaching

[removed]

 

Pacesetting

 

 

 

Question 11

 

 

 

Which leadership type values people, their emotions, and their needs and relies on friendship and trust to promote flexibility, innovation, and risk taking?

 

Answer

 

[removed]

 

Authoritative leadership

[removed]

 

Coaching leadership

[removed]

 

Pacesetting leadership

[removed]

 

Coercive leadership

[removed]

 

Affiliative leadership

 

 

 

Question 12

 

 

 

________ and reporting are two major dimensions of ethical communication.

 

Answer

 

[removed]

 

Collaboration

[removed]

 

Transparency

[removed]

 

Recognition

[removed]

 

Listening

[removed]

 

Compromising

 

 

 

Question 13

 

 

 

________ are a primary influence on employee’s ethical behavior because they are role models for the organization’s values.

 

Answer

 

[removed]

 

Friends

[removed]

 

Parents

[removed]

 

Peers

[removed]

 

Coworkers

[removed]

 

Leaders

 

 

 

Question 14

 

 

 

These leaders are passionate about the company, live out corporate values daily in their behavior in the workplace, and form long-term relationships with employees and other stakeholders.

 

Answer

 

[removed]

 

Transactional

[removed]

 

Compromising

[removed]

 

Transformational

[removed]

 

quantitative

[removed]

 

Authentic

 

 

 

Question 15

 

 

 

________ occurs when one or more group members feel pressured to conform to the group’s decision even if they personally disagree.

 

Answer

 

[removed]

 

Group polarization

[removed]

 

Leader-follower congruence

[removed]

 

Groupthink

[removed]

 

Competition

[removed]

 

Conflict

 

 

 

Question 16

 

 

 

________ leaders are passionate about the company, live out corporate values daily in their behavior in the workplace, and form long-term relationships with employees and other stakeholders.

 

Answer

 

[removed]

 

Authentic

[removed]

 

Coaching

[removed]

 

Transformational

[removed]

 

Transactional

[removed]

 

Pacesetter

 

 

 

Question 17

 

 

 

Although limiting urban sprawl creates disadvantages for ________, many businesses can benefit from urban renewal movements that reduce sprawl.

 

Answer

 

[removed]

 

car and oil companies

[removed]

 

the airline industry

[removed]

 

the railroad industry

[removed]

 

service oriented companies

[removed]

 

humans and animals

 

 

 

Question 18

 

 

 

Which industry invests the most in alternative clean energy sources?

 

Answer

 

[removed]

 

The automobile industry

[removed]

 

The clothing industry

[removed]

 

The airline industry

[removed]

 

The federal government

[removed]

 

The oil and gas industry

 

 

 

Question 19

 

 

 

The Clean Air Act:

 

Answer

 

[removed]

 

Allowed the EPA to track industrial chemicals

[removed]

 

Focuses on promoting alternative forms of energy

[removed]

 

Established national air quality standards

[removed]

 

Provides tax benefits to consumers who purchase hybrid cars

[removed]

 

Focuses on reducing pollution through cost-effective change

 

 

 

Question 20

 

 

 

Which option includes the assessment and improvement of business strategies, economic ectors, work practices, technologies, and lifestyles while maintaining the natural environment?

 

Answer

 

[removed]

 

Competitive advantage

[removed]

 

Marketing

[removed]

 

Sustainability

[removed]

 

Greenwashing

[removed]

 

Risk analysis

 

 

 

Question 21

 

 

 

Geothermal energy provides ________ and is a more dependable energy source than some other forms of alternative energy.

 

Answer

 

[removed]

 

heat from the sun

[removed]

 

a radiated heat

[removed]

 

heat from steam

[removed]

 

a constant source of heat

[removed]

 

a dry heat

 

 

 

Question 22

 

 

 

Stakeholder assessment is an important part of a ________approach to environmental issues.

 

Answer

 

[removed]

 

low-commitment

[removed]

 

medium-commitment

[removed]

 

high-commitment

[removed]

 

hands-off

[removed]

 

hands-on

 

 

 

Question 23

 

 

 

All of these are ways of reducing pollution, except:

 

Answer

 

[removed]

 

Designing environmentally friendly buildings

[removed]

 

Recycling

[removed]

 

Greenwashing

[removed]

 

Source reduction

[removed]

 

Sustainable agriculture

 

 

 

Question 24

 

 

 

The ________ focuses on reducing pollution through cost-effective changes in production, operation, and raw materials use.

 

Answer

 

[removed]

 

Pollution Prevention Act

[removed]

 

Toxic Substances Control Act

[removed]

 

Clean Air Act

[removed]

 

Energy Policy Act

[removed]

 

Oil Pollution Act

 

 

 

Question 25

 

 

 

The Clean Water Act makes it illegal for anyone to discharge any pollutant from a point source directly into navigable waters without a          .

 

Answer

 

[removed]

 

good reason

[removed]

 

direct order

[removed]

 

permit

[removed]

 

inspector present

[removed]

 

limit

 

 

 

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