The study of the morality of choices made by people is known as
A) ethics.
B) business ethics.
C) freedom of choice.
D) moral aptitude.
E) standard of behavior.
Question 2 - Hallmark cards develops a new line of cards that have a total cost of 200,000 and a price of 3 each. If it sells 20,000 cards the first month, what is its total revenue?
A) 60,000
B) 600,000
C) 400,000
D) 140,000
E) 140,000
Question 3 - A consulting manager at SAP America has a very wide span of control. This is probably because the
A) firm has a very loose, informal organizational structure.
B) consulting manager has a low level of accountability.
C) consulting manager is expected to delegate authority.
D) manager's subordinates aren't given much responsibility.
E) manager and his or her subordinates are very competent.
Question 4 - Involving current employees in a new hire's orientation is never a good idea because it takes their focus off work tasks and results in a decrease in productivity.
Indicate whether the statement is true or false
Question 5 - Business ethics
A) is laws and regulations that govern business.
B) is the application of moral standards to business situations.
C) do not vary from one person to another.
D) is most important for advertising agencies.
E) is well-defined rules for appropriate business behavior.
Question 6 - If John purchases a tie from JCPenney for 30, that 30 represents JCPenney's ____ from the sale.
A) income
B) cost
C) proceeds
D) breakeven amount
E) revenue
Question 7 - All of the following are reasons for a narrow span of management except
A) workers are located far from one another.
B) few new problems are expected.
C) the manager must do a lot of work other than managing.
D) a great deal of interaction between management and workers is needed.
E) new problems arise frequently.
Question 8 - In the buddy system of orientation training, which of these is not a function of a buddy?
A) to be shadowed by the new hire
B) to teach the new hire unwritten rules of the department and organization
C) to be the new hire's go to person when the supervisor is not available
D) to manage all aspects of the orientation process for the new hire