Exam 2 Study guide 3
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Sam Houston State University *
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4345
Subject
Management
Date
Apr 3, 2024
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T
faster than
improving the sustainability of life on Earth.
Technology is
regulation
nominating committee.
public policy committee.
The central product of the new breed of lobbyist is
access
individualist and collectivist ethics.
The evaluation, monitoring, and control of issues involves
both full disclosure and transparency.
The Golden Rule of Politics is
he who has the gold, rules.
board of directors.
The immediate result of environmental scanning is often
The impetus of social sustainability reports has come from
societal and public interest groups expectations.
formulation of responses.
improving stakeholder management.
planning and implementation.
The major issue related to electronic surveillance is
invasion of privacy
corporate governance.
the proxy process.
individual businesses.
The most basic objection to cloning is
uncertainty about long-term risks.
social, ethical, and political
The most intensely monitored employee activities are
e-mail and Internet usage.
The most rudimentary form of issue identification entails
the most significant obstacle to use of biotechnology is
the potential for public backlash.
strategic management
enterprise
insider trading.
The primary focus of the Business Roundtable is
opposing shareholder empowerment.
market failure.
political action committees.
grassroots lobbying
business analytics
coercion.
The purpose of roboethics is
finding ways to build robots with ethical standards.
privatization.
The Say on Pay movement
charter.
corporate
limit the common practice of selective disclosure.
The top PAC contributor during 2019–2020 was
National Association of Realtors.
surveillance
300 to 1.
U
successful
W
its exclusive membership
doing what is normal and expected.
When a firm advocates for its own special interest, it is
company lobbying
issuing a statement
Which is not a characteristic of an emerging issue?
The terms of debate are clearly defined.
Which is not a disadvantage of B Corporation status?
protection from investor pressures
computer software
at what level of the firm issues identification takes place
maintaining a trade surplus with foreign countries
vigilance
lobbying
government cannot have buying power
resolution
Which of the following is not an umbrella organization?
Pharmaceutical Research and Manufacturers of America
plagiarism
stock price increases
department level
financial
mask mandates at public K-12 schools
environmental analysis
Technology has advanced __________ society's capacity to grasp its consequences.
Technology has benefited society in all of the following ways except
the scientific method used in achieving a practical purpose.
The act of governing or bringing under the control of law or constituted authority is called
The board committee that has the primary responsibility of ensuring that competent, objective directors are selected is the
The board committee that is responsible for responding to social issues is the
The clash of ethical systems between government and business is centered around
continual control of responses to ensure that they remain on track.
The fact that company information should be made at regular and frequent intervals and should contain information that might affect the investment decisions of shareholders is contained in the concept of
The group that is elected by shareholders to govern and oversee management is the
publication of an internal report that is distributed throughout the company.
The implementation phase of the issues management process does not include
The issues management process and crisis management process are both focused on
The issues management process contains two basic functions
The method by which a firm is being governed, directed, administered, or controlled is
The method by which shareholders elect boards of directors is known as
The micro level of legitimacy refers to achieving and maintaining legitimacy by conforming to societal expectations for
The most dramatic growth in importance of issues has been in ____ issues.
assigning a member of the organization to continuously scan a variety of publications.
The overall management process that strives to identify corporate purpose and to position a firm relative to its market environment is
The overarching strategy level that asks what role the firm plays in society and what the firm stands for is the ____ level.
The power and influence of the Chamber of Commerce has dwindled because
it has supported legacy industries at odds with other industries.
The practice of obtaining critical information from within a company and then using that information for one’s own financial gain is
The primary reason for government regulation of business is
The principal instruments through which business uses its financial resources to influence government are
The process of mobilizing individual citizens who might be most directly affected by legislative activity to political action is called
The process of using statistical methods for analyzing historical and current data for improving decision-making is called
The public and government use all of the following methods of influencing each other except
The question of whether current public functions should be performed by the government or private sector is addressed by
first began with regulations including a requirement to put a remuneration report to a shareholder vote.
The state-issued document that grants the corporation’s right to exist and stipulating the basic terms of its existence is a(n)
The strategy level that asks what business the firm should be in is the ____ level.
The Securities and Exchange Commission's Regulation FD is designed to
The use of electronic means by a company to watch or monitor its employees is called
There has always been a strong reaction in the United States to any form of industrial policy because
it conflicts with the widely held view of government's role in the economy.
Today, the ratio of CEO pay to average workers' pay is approximately
Universities do more lobbying when congressional appropriations committee members serve the districts in which they are located. This targeted lobbying is
What sets the Business Roundtable apart from other umbrella organizations?
When a business assumes an advocacy role for its interests, it is
When Tiger Woods crashed his Cadillac Escalade into a fire hydrant and a tree, he made several errors in managing that crisis. Which of the following is not one of his mistakes?
Which of the following industries has not been affected by deregulation?
Which of the following is not a feature that distinguishes the conventional approach to issues management from the strategic management approach?
Which of the following is not a major reason given for governmental regulation?
Which of the following is not a major approach that business uses to influence government?
Which of the following is not a method of obtaining the micro level of legitimacy?
A company may seek to avoid detection that it is operating contrary to social norms.
Which of the following is not a method that government uses to influence business?
Which of the following is not a role increasing government’s complex relationship with business?
Which of the following is not a stage in the issues development process?
Which of the following is not a symptom of technological intoxication?
We become satisfied with the level of available technology.
Which of the following is not a valid definition of technology?
the science of replacing human effort with mechanical power
Which of the following is not considered a questionable business practice made possible by the Internet?
Which of the following is not on the ranking of red flags that signal board problems?
Which of the following is not one of the levels of strategy mentioned in the textbook?
Which of the following issues has always been part of the business process?
Which of the following was not a factor in the surge of corporate social activism in 2020–2021?
Which of the steps in the strategic management process informs all the rest?
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Related Questions
Environmental damage inevitably threatens the welfare of human beings as well as plants andanimals.
a) Define environmental ethics?b) Explain with examples issues involved in environmental ethics?
note: sir kindly question number (a) give me sort ans. and question (b) give me introduction to conclusion.
thank you.
arrow_forward
Consider the following statement:
“The public's perception of corporate ethics changed dramatically with the revelation of the unethical decision-making at Enron, WorldCom, Adelphia, Tyco International, Peregrine Systems and iVillage. The scandals took a toll on consumers' confidence and portfolios, and undermined their faith in the accounting profession. Corporate stakeholders have called for more transparent financial reporting and evidence of better ethical conduct”.
Required:
a. Discusss and explain FOUR (4) with examples underlying problems that lead to the dilemma.
arrow_forward
Which of the following is not a misconception quoted by Goldy Hyder, Business Council of Canada.O a. Less capitalO b. Losing Canadian proprietary informationO C. Less jobsO d. Loss of a footprint for Canada
arrow_forward
The second part of this assignment is a written report on the Canadian television landscape. Your research should answer the basics of the medium. A) How does Television make money in Canada? B) How are Canadians affected by Television? C) What kind of editorial biases are there in Canadian Television? D) Give a detailed report on the ownership structure of the major Canadian TV broadcasters, ie, who owns what and what other media outlets are they involved in? E) What are the regulatory bodies such as the CRTC doing for/ to the Canadian TV industry?
arrow_forward
24-Which one of the following statements is TRUE ? O a. Businesses tend to view government regulations as not expensive constraints on their activities . O b . IT system cannot be used to regulate electricity use O c. Government deregulation reduces competition . O d. IT support is critical for compliance with many new regulations .
arrow_forward
Review the following video “Wells Fargo Whistleblower” - Khalid Taha is the whistleblower in the Wells Fargo sales scandal of 2016-2017. John Stumpf was still CEO at the time of the video and had not stepped down yet, and answer the critical thinking questions that follow:
Vedo link https://youtu.be/yXYsqWs5lnk
Critical Thinking Questions:
1. Given so many employees questioned the incentive program for establishing new accounts, do you believe top executives were aware of the program?
2. Do you think you would have the courage to become a whistleblower in this situation?
3. Do you think that John Stumpf should be held criminally liable for the misconduct?
Your summary should be a minimum of one page of content in length. Properly cite any references utilized in APA format.
arrow_forward
23) Which of the following is one of benefits society contributes to a business's ability to operate profitably?
A) Education and health care opportunities
B) Profit to stabilize the nation's economy
C) Low taxes
D) Increased standards of living
E) A legal framework in which to pursue commerce
Which of the following best describes business intelligence?
A) Systems and technique for gathering and processing valuable information
B) Compiling statistical reports on web traffic
C) Self-serve analytical capabilities that all employees can use
D) The use of the Internet of Things to detect long-term problems within a business
E) The ability to understand and store large sets of data for future use.i need more explanation
arrow_forward
Summarize the situation (high-level overview of the key issues/situation) of Facebook Inc. issue with privacy regarding the psychlogical reserch they conducted without the permission of their users.
arrow_forward
How to respond to this in 100 words?
Ethics and strategic management relates because both weighs heavily on making sound decisions for the business and being held accountable for individual at risk behaviors. One benefit of utilizing ethics in an organization is that it creates a trustworthy environment in which the company has confidence in their employees to do the right thing. Another benefit for utilizing ethics is having high performing employees who have regards for both the business aspect of the company and possessing the responsibility for making solid moral decisions. “Managerial ethics refers to an individual’s responsibility to make business decisions that are legal, honest, moral, and fair” (Parnell, 2017, p. 116). For managers, it is also their moral responsibility to make sure that employees are in compliance with their work obligations and conduct themselves in a professional manner. “As a consequence, management needs to confront the challenge of balancing the…
arrow_forward
Q1: What are the activities of Lobbyists, explain them?Q2; What are the considerations should intranet creators take in account ?Q3; What are the particular reasons for growing using of the Internet by public relations practitioners, explain them?
arrow_forward
Best practices of good corporate governance include:
a.
Filling the majority of board positions with the best performing managers of the firm
b.
Holding regular board meetings without the presence of the company's CEO
c.
Combining the responsibilities of the board chairperson with the chief executive officer
d.
Holding frequent closed board elections
e.
None of these are corporate governance best practices
arrow_forward
Question 1When does a corporation need a board of directors? your answers should not exceed 200 words
ReadingRequiredChapter 1. Corporate Governance Context: Constraints and ChallengesTextbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)
arrow_forward
The U.S. national stock exchanges require listed companies to havean independent audit committee.a. Describe an audit committee.b. What does it mean for the audit committee members to be “independent”?c. What are the typical functions performed by an audit committee?d. Explain how an audit committee can help an auditor be more independent.e. Describe the nature of the audit firm’s communications with the audit committeeregarding independence issues
arrow_forward
Which of the following is true about the CPI and Transparency International?
a. The CPI tracks private action rather than public action, so it is subjective at best.
b. The CPI considers murder rates, gun violence, and bribes to foreign officials in its ratings.
c. A score of 78 means that you have a high corruption rating.
d. Comparatively, Israel is safer than Turkey when considering corruption ratings.
arrow_forward
Please answer ASAP
1. Which of the following statements is true about home-country nationals?
a. Local managers hired by the MNC
b.Managers who are citizens of countries other than the country in which MNC is headquartered or Managers are assigned to work by the MNC
c. Individuals from a host country or third country who are assigned to work in the home country
d. Managers who are citizens of the country where the MNC is headquartered
arrow_forward
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- Environmental damage inevitably threatens the welfare of human beings as well as plants andanimals. a) Define environmental ethics?b) Explain with examples issues involved in environmental ethics? note: sir kindly question number (a) give me sort ans. and question (b) give me introduction to conclusion. thank you.arrow_forwardConsider the following statement: “The public's perception of corporate ethics changed dramatically with the revelation of the unethical decision-making at Enron, WorldCom, Adelphia, Tyco International, Peregrine Systems and iVillage. The scandals took a toll on consumers' confidence and portfolios, and undermined their faith in the accounting profession. Corporate stakeholders have called for more transparent financial reporting and evidence of better ethical conduct”. Required: a. Discusss and explain FOUR (4) with examples underlying problems that lead to the dilemma.arrow_forwardWhich of the following is not a misconception quoted by Goldy Hyder, Business Council of Canada.O a. Less capitalO b. Losing Canadian proprietary informationO C. Less jobsO d. Loss of a footprint for Canadaarrow_forward
- The second part of this assignment is a written report on the Canadian television landscape. Your research should answer the basics of the medium. A) How does Television make money in Canada? B) How are Canadians affected by Television? C) What kind of editorial biases are there in Canadian Television? D) Give a detailed report on the ownership structure of the major Canadian TV broadcasters, ie, who owns what and what other media outlets are they involved in? E) What are the regulatory bodies such as the CRTC doing for/ to the Canadian TV industry?arrow_forward24-Which one of the following statements is TRUE ? O a. Businesses tend to view government regulations as not expensive constraints on their activities . O b . IT system cannot be used to regulate electricity use O c. Government deregulation reduces competition . O d. IT support is critical for compliance with many new regulations .arrow_forwardReview the following video “Wells Fargo Whistleblower” - Khalid Taha is the whistleblower in the Wells Fargo sales scandal of 2016-2017. John Stumpf was still CEO at the time of the video and had not stepped down yet, and answer the critical thinking questions that follow: Vedo link https://youtu.be/yXYsqWs5lnk Critical Thinking Questions: 1. Given so many employees questioned the incentive program for establishing new accounts, do you believe top executives were aware of the program? 2. Do you think you would have the courage to become a whistleblower in this situation? 3. Do you think that John Stumpf should be held criminally liable for the misconduct? Your summary should be a minimum of one page of content in length. Properly cite any references utilized in APA format.arrow_forward
- 23) Which of the following is one of benefits society contributes to a business's ability to operate profitably? A) Education and health care opportunities B) Profit to stabilize the nation's economy C) Low taxes D) Increased standards of living E) A legal framework in which to pursue commerce Which of the following best describes business intelligence? A) Systems and technique for gathering and processing valuable information B) Compiling statistical reports on web traffic C) Self-serve analytical capabilities that all employees can use D) The use of the Internet of Things to detect long-term problems within a business E) The ability to understand and store large sets of data for future use.i need more explanationarrow_forwardSummarize the situation (high-level overview of the key issues/situation) of Facebook Inc. issue with privacy regarding the psychlogical reserch they conducted without the permission of their users.arrow_forwardHow to respond to this in 100 words? Ethics and strategic management relates because both weighs heavily on making sound decisions for the business and being held accountable for individual at risk behaviors. One benefit of utilizing ethics in an organization is that it creates a trustworthy environment in which the company has confidence in their employees to do the right thing. Another benefit for utilizing ethics is having high performing employees who have regards for both the business aspect of the company and possessing the responsibility for making solid moral decisions. “Managerial ethics refers to an individual’s responsibility to make business decisions that are legal, honest, moral, and fair” (Parnell, 2017, p. 116). For managers, it is also their moral responsibility to make sure that employees are in compliance with their work obligations and conduct themselves in a professional manner. “As a consequence, management needs to confront the challenge of balancing the…arrow_forward
- Q1: What are the activities of Lobbyists, explain them?Q2; What are the considerations should intranet creators take in account ?Q3; What are the particular reasons for growing using of the Internet by public relations practitioners, explain them?arrow_forwardBest practices of good corporate governance include: a. Filling the majority of board positions with the best performing managers of the firm b. Holding regular board meetings without the presence of the company's CEO c. Combining the responsibilities of the board chairperson with the chief executive officer d. Holding frequent closed board elections e. None of these are corporate governance best practicesarrow_forwardQuestion 1When does a corporation need a board of directors? your answers should not exceed 200 words ReadingRequiredChapter 1. Corporate Governance Context: Constraints and ChallengesTextbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)arrow_forward
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