Compare and contrast an integrity-based ethics program and a compliance-based ethics program.
What will be an ideal response?
Compliance-based ethics programs are designed by corporate counsel to prevent, detect, and punish legal violations. Compliance-based programs increase surveillance and controls on people and impose punishments on wrongdoers. Integrity-based ethics programs go beyond the mere avoidance of illegality; they are concerned with the law but also with instilling in people a personal responsibility for ethical behavior. With such a program, companies and people govern themselves through a set of guiding principles that they embrace.
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List and describe the hierarchy of management levels.
What will be an ideal response?
In today’s world, to be a good leader, one is most likely to
a. Be both critical thinkers and inspirational visionaries to generate results b. Tell employees what to do and how to do it c. Focus on the big picture and not worry about the people below them on the organizational chart d. Focus primarily on the big picture and be the visionaries for the organization
An organizational performance model built on the view that organizations are systems and that there needs to be a “fit” between the various organizational subsystems for optimal performance is ______.
a. Kotter’s change process b. Lewin’s change model c. Nadler’s congruence model d. all change models
Denver Corporation and Cheyenne Company are in different industries. Denver's current ratio is 1.89, while Cheyenne's current ratio is 1.65. Therefore, is it safe to conclude that Denver's liquidity position is better than that of Cheyenne?
What will be an ideal response?