How can developing and maintaining a high ethical standard benefit an organization? Give examples and describe the effects the examples have had on the organization and/or its stakeholders.
What will be an ideal response?
There are many potential benefits for an ethical organization, but they are often indirect. Research has found somewhat inconsistent results concerning the overall relationship between ethical performance and measures of financial performance. However, positive relationships have generally been found between ethical performance and strong organizational culture, increased employee efforts, lower turnover, higher organizational commitment, and enhanced social responsibility. Examples will vary.
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During the close of the interview, it would be appropriate to read off a list of potential questions you have prepared for the interviewer
Indicate whether the statement is true or false.
Which of the following would a defender of globalization most likely use as an example to argue that concerns of Americanization are overblown and that globalization is indeed a two-way street?
A) the view of McDonald's being a domestic brand in China B) the growing popularity of coffee in China since the introduction of Starbucks C) the growing number of IKEA furniture stores in the United States D) the initial failure of Disneyland Paris E) the anti-globalization protests aimed at KFC
Court Corporation purchased supplies at a cost of $24,000 during 2012. At January 1, 2012, supplies on hand were $2,000. At December 31, 2012, supplies on hand are $2,100. Calculate supplies expense for 2012
A) $24,000 B) $23,900 C) $24,100 D) $28,100
Bagwell's net income for the year ended December 31, Year 2 was $191,000. Information from Bagwell's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2. At December 31Year 2Year 1Common Stock, $5 par value$506,000? $455,400? Paid-in capital in excess of par 954,000? 858,400? Retained earnings 694,000? 587,400?
A. $84,400. B. $50,600. C. $106,600. D. $95,600. E. $146,200.