In a short essay, list and discuss the four types of statements that a corporation may adopt to communicate the corporation’s view of the subject of ethics.
What will be an ideal response?
1. Values statement—a succinct document that is intended to set out the guiding principles
of a company
2. Corporate credo—a statement that sets forth the company’s beliefs and responsibilities to
stakeholders
3. Code of ethics—a detailed statement of a firm’s ethical policies
4. Internet privacy policy—a statement discussing the company’s privacy policy for Internet
transactions, usually written in very legal terms
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When examining power based on relationships, two types of power discussed in the text are: goal interdependence and ________ power.
Fill in the blank(s) with the appropriate word(s).
To give all members a chance to participate and to minimize group pressure, the recommended method for generating ideas is?
A) ?Nominal group technique
B) ?Brainstorming
C) ?Panel
D) ?Roundtable Discussion
Which of the following terms refers to the desire on the part of an employee to remain a member of the organization?
A. organizational efficacy B. organizational effectiveness C. organizational control D. organizational commitment E. organizational efficiency
The key distinction between consumer products and business products is their intended use.
Answer the following statement true (T) or false (F)