What are organizational "objectives"? How do they influence the working of the organization?
What will be an ideal response?
Objectives are items that focus organizational effort toward improving the organization's competitive strength and
its long-term market position. Objectives have to be developed based on the organization's mission and
competitive advantage. Limiting the number of objectives to only one will definitely improve the plan's focus.
Trying to implement more than three objectives at once can be counterproductive, because the organization's efforts
gets scattered in too many directions.
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Whistle-blowers refer to
A. employees who report unethical or illegal actions of their employers. B. employees who are coerced by their employers to participate in illegal or unethical activities. C. employees who blackmail or extort money from their employers. D. employees who are simultaneously employed by competing firms and who trade company secrets. E. customers who report unethical or illegal actions of the firms that market the offerings they purchased.
The matching principle requires businesses to report Warranty Expense ________
A) in the same period that the company records the revenue related to that warranty B) in the period prior to which the company records the revenue related to that warranty C) in the period after the related revenue is recorded D) in the long-term assets section of the balance sheet
Metrics that would typically be in corporate social responsibility (CSR) reports would contain
A) revenue. B) social. C) environmental. D) Both B and C
Which of the following is true of the codes of conduct of an organization?
A. They are a guide to determine what is lawful and what is unlawful. B. They detail how the organization expects an employee to behave and to represent the company in business dealings. C. They are a reiteration of the laws pertaining to business dealings in a corporate environment. D. They help the board of directors and the CEO implement shareholder capitalism.