Jamie Davis, a two-year English instructor, becomes pregnant. She is not married. She is a slim woman who is not showing visible signs of pregnancy and has not told the school administrators of her pregnancy. In her sixth month of pregnancy she develops pre-eclampsia, necessitating that she go on pregnancy leave immediately.
Explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder needs. Explain how your ethical perspective has evolved throughout the program.
This represents which of these principles of successful collaborative social initiatives? According to stakeholder theory, in a survey of over directors from over U. Which law revised and strengthened auditing and account standards? Which of these is true about Sarbanes-Oxley Act of ?
A major consequence of the Sarbanes-Oxley Act of has been the The most critical quality of ethical decision making is Judging the appropriateness of a particular action based on a goal to provide the greatest good for the greatest number of people is what ethics approach?
Judging the appropriateness of a particular action based on equity, fairness, and impartiality in the distribution of rewards and costs among individuals and groups is what ethics approach used by managers?
The strategic decision makers in the firm are responsible for The idea that businesses have a duty to serve society as well as the financial interest of stockholders is called Which of the following strategic decision makers implement the overall strategy?
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Which level of strategy uses a portfolio approach? Of the three levels of strategy that are part of an organizations decision-making hierarchy, which level develops annual objectives and short-term strategies in such areas as production, operations, and research and development, finance and accounting, marketing, and human relations?
The behavioral consequences of strategic management are similar to those of What do strategic managers call a flow of information through interrelated stages of analysis toward the achievement of an aim?
This factor considers or provides creative adaptations that can suggest possibilities for new products or for improvements in existing products or in manufacturing and marketing techniques. The quasi-science of anticipating environmental and competitive changes and estimating their importance to an organizations operation refers to This term refers to the relationships among human beings and other living things and the air, soil, and water that supports them.
Economies of scale in an industry This term refers to descriptive characteristics that can be used to differentiate groups of present or potential customers. This information is used to explain or predict some aspect of customer behavior with regard to a product or service. Information such as usage rate, benefits sought, and brand loyalty can provide significant aid in the design of more accurate and profitable strategies.
The environment that is typically subject to much influence by the firm is Which of these is a determinant of entry, according to Porter? Which threat of entry creates a barrier by forcing entrants to spend heavily to overcome customer loyalty?
This group is considered powerful if it is not obliged to contend with other products for sale to the industry.
This is considered a collection of firms that offer similar products or services that customers perceive to be substitutable for one another. Identifies and analyzes the most important external environmental factor in the remote, industry, and external operating environments Identifies and analyzes the most important internal strengths and weaknesses of your organization: Knowledge Check The structure of a simple organization This structure is one in which a set of relatively autonomous units are governed by a central corporate office but where each operation has its own functional specialists who provide products or services that are different from those of other operations.
This type of organizational structure combines the advantages of functional specialization with the advantages of product-project specialization.
Twenty-first-century corporations reflect Today, global means This type of organization or structure is one that identifies a set of business capabilities central to high-profitability operations and then builds a virtual organization around those capabilities.
These are arrangements between two or more companies in which they both contribute capabilities, resources, or expertise to a joint undertaking, usually with an identity of its own, with each firm giving up overall control in return for the potential to participate in and benefit from the relationship.
This is an organization structure most notable for its lack of structure wherein knowledge and getting it to the right place quickly is the key reason for the organization.
One of the limitations of the SWOT analysis is that it can be One of the limitations of SWOT analysis is that it can do this to a single strength or element of strategy. Value chain analysis takes a Which of the following is an example of a primary activity in the typical firm?
In VCA, which method of cost accounting is preferred? The first step of this type of analysis involves a firm determining what their customers value and why they value it. Once a hypothesis about competitive advantage has been developed by a firm through three circles analysis, it should be tested by This is a method of comparing the way a company performs a specific activity with a competitor, potential competitor, or company doing the same thing.
Companies committed to this process attempt to isolate and identify where their costs or outcomes are out of line with what they identify as the best practices of competitors or other companies or organizations that undertake similar tasks.
Which of the following companies is a good example of a low-cost leader? Which of the following is a generic strategy developed by Michael Porter?
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Striving to create and market unique products for varied customer groups is called Which of the following is a value discipline? Companies that pursue this value discipline strive to produce a continuous stream of state-of-the-art products and services.External forces for change are totally environmental; internal forces for change are more economic.
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An internal force for change is a lack of diversity in the make-up of the senior management, whereas an external force for change is a lawsuit by the EEOC requiring the management to correct diversity failure in the company.
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