Exam 3: The Managers Changing Work Environment and Ethical Responsibilities: Doing the Right Thing

Political-legal forces are changes in the way politics shape laws and laws shape the opportunities for and threats to an organization.

When illegal female immigrants from Central America are transported into Texas and forced to work seven days a week or as prostitutes, this violates the moral-rights approach.

Managers may be able to control some forces in the general environment, but they can't control those in the task environment.

Donna loves to cook, and when she needs certain types of herbs, fruits, and vegetables to make a recipe, she usually shops at Phillip's Grocery because it carries a nice selection of fresh produce. Donna is considered a customer of Phillip's Grocery.

Ethics are _____.

Marie and Marti are partners who solely own M and M Florist. As owners, they can ____.

Joe, a lobbyist who represents a certain industry, is meeting with several members of Congress to try to exert political influence by contributing funds to the lawmakers' election campaigns. Joe also is involved in a letter-writing campaign to promote his cause. Joe represents a ____.

The plant manager of a factory that produces tires told Sal, the purchasing manager, to approach the suppliers of the plant to discuss discounts. A supplier to that factory ____.

The Sarbanes-Oxley Act of 2002 established requirements for ____, and for noncompliance, penalties of ______.

To increase profitability, top management of a national retailer needs to decide if it will close several stores. Management knows that by closing the locations, it will save the company millions of dollars and benefit many stockholder groups and individuals, compared to keeping those stores open and benefiting fewer people. This logic is an example of the ___ approach.

The task environment of Top-Notch Sewing consists of a total of two groups, customers and stockholders, which give the employees and management of Top-Notch its daily jobs.

Patsy, a nurse, has decided to start a home health care service to assist with the medical, meal preparation, and light housecleaning needs of older adults. To grow her business, Patsy is focusing her marketing efforts on the older adult population; as she does this, she is involved with the _____ environment.

The macroenvironment includes these forces: _______.

Mr. Fun, a small toy store, started marketing a new video game for Let's Play Games, a large game supplier. Mr. Fun is an example of a distributor for Let's Play's games.

The system of governing a company so that the interests of corporate owners and other stakeholders are protected is known as corporate governance.

International forces represent a huge grab bag of influences that may affect an organization, such as the economic integration of the European Union, which has developed threats and opportunities for American companies.

After more than 100 years in business, Don, the president of a successful family-owned company, wants to give back to the people of the community for the many years of success that they have given to my father and me. He decides to donate a significant portion of profits to a charity every year. What Don's company is doing is an example of ___.

What mechanism is used to provide a systematic assessment of an organization's triple bottom line?

A benefit of the individual approach is that when managers make decisions that are made in the individual's best interests, this will usually benefit most people.

Sal, the owner of a produce market, is concerned because a national grocery store has decided to build a new store just one mile from his market. Sal knows that the large retailer will offer better wages and lower prices, battling for his employees and customers. Therefore, this new grocery is a competitor of Sal's Market.