Principles of Management -- Quiz 2

Which of the following best describes managerial ethics?

c) It is the standard of conduct that guides a person's decisions and behavior.

Which ethical principle focuses on maximizing overall happiness and well-being?

a) Utilitarianism -- focuses on the happiness of the most people

What piece of US law requires a corporation to publish a corporate code of ethics?

d) Sarbanes-Oxley Act

A manager discovers that an employee has been stealing office supplies. The manager confronts the employee and decides to issue a warning instead of reporting the theft. Which ethical principle is the manager neglecting?

b) Deontology

A manager consistently favors their friends when assigning projects and promotions, even if other employees are more qualified. This behavior demonstrates:

b) Unethical behavior

Which law sets standards to coordinate international business and the operation of various international organizations?

c) ISO 14000

Which ethical framework focuses on the inherent nature of actions rather than their consequences?

b) Deontology

Which of the following is NOT a potential stakeholder in an organization?

c) Competitors

A manager decides to disclose sensitive employee information to a competitor for personal gain. This action is an example of:

b) Unethical behavior

Ethical dilemmas can arise in managerial roles due to conflicts between:

a) Personal and professional interests

Which of the following best describes planning in management?

Setting goals and determining the means to achieve them

Which of the following is NOT a step in the planning process?

Organizing

What does SWOT analysis stand for in the context of planning?

Strengths, weaknesses, opportunities, threats

Which of the following is an example of an operational plan?

Employee training plan

Which of the following is an external factor to consider during the planning process?

Market trends and competition

Which of the following is NOT a characteristic of an effective objective?

Vague

Which planning tool helps identify the critical path and dependencies in a project?

What does the acronym SMART stand for in relation to goal setting?

Which of the following is a potential disadvantage of planning?

Which level of management is primarily responsible for strategic planning?