Andy Grove, former CEO and cofounder of Intel, encouraged openness by not having many of the trappings of success. This is an example of evolving from boundaries to rewards and culture by
A. developing managerial role models.
B. aligning rules with organizational goals and objectives.
C. hiring people who identify with the dominant values of the organization.
D. maximizing training and indoctrination.
Answer: A
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A good supplier scoring and assessment process will primarily track performance along the price dimension when evaluating a supplier
Indicate whether the statement is true or false.
Main Street Lenders, Inc., attempts to coerce Nolan¾who specializes in determining the value of real and personal property¾into misstating the value of a property on which a loan is to be issued. This is
A. a legal and ethical¾but morally arguable¾financial ploy. B. a legal¾but unethical¾business practice. C. a necessary tactic to generate a profitable loan in today's market. D. a violation of the law.
Which of the following has been identified as a factor that contributes to unethical behavior?
A. balancing the demands of all stakeholders rather than giving shareholders priority B. having a written code of ethics C. having written-out procedures for handling ethical problems D. believing that ethical problems have complex solutions E. emphasizing short-term revenues over long-term considerations
The direct exchange of debt for equipment would be shown:
A. on the statement of cash flows as a financing activity. B. as a supplementary disclosure to the statement of cash flows. C. on the statement of cash flows as an investing activity. D. on the statement of cash flows as an operating activity.