Truthfulness and fairness of the firms financial disclosure


Complete the below:

1. Which of the following is an example of an organization?

The Department of Labor

The Atlanta Braves

IBM

The Boys & Girls Club of America

All of the above

2. The process of actively monitoring the environment through activities such as reading and observation is called

being socially responsible.

environmental scanning.

alliance creation.

informational management.

a strategic response.

3. The Sarbanes-Oxley Act requires the _____ to vouch for the truthfulness and fairness of the firm's financial disclosures.

CEO

CFO

COO

CEO and CFO

CEO, CFO, and COO

4. Which of the following economies is NOT considered a mature market economy?

Free market economy

Industrializing economy

Communist economy

Developing market economy

Command economy

5. Starbucks' middle managers who are responsible for joint venture agreements with bookstores, hotels, and airports work from a(n) _____ plan.

operational

standing

single-use

contingency

tactical

6. The overall purpose of a business plan is to

identify all actions required up to the point when the firm opens its doors.

outline activities for the business in its first year of operation.

provide prospective lenders with a blueprint for action.

determine potential demand for the firm's product or service.

determine the most appropriate form of ownership.

7. _____ is defined as systematically moving employees from one job to another.

Job enlargement

Job enrichment

Work teams

Job specialization

Job rotation

8. OSHA safety standards are intended to

prevent on-the-job accidents.

provide uniform equipment for employee protection from excessive noise, air contaminants, and so on.

prevent long-term health hazards for employees.

collect data for determining hazardous or nonhazardous job classifications.

gather data on a broad range of employee complaints concerning excessive dust, radiation, and so on.

9. The communication process is

meaning, encoding, transmission, decoding, and feedback.

meaning, noise, transmission, decoding, and feedback.

idea, encoding, transmission, decoding, and feedback.

meaning, decoding, transmission, encoding, and feedback.

idea, decoding, transmission, encoding, and feedback.

10. Income statements, balance sheets, and audits are examples of the control of

physical resources.

cybernetics.

financial resources.

organizational complexity.

human resources.

1. An organization's external environment includes the task and the general environments. Compare and contrast any two components that make up the general environment.

2. What is the purpose of the Sarbanes-Oxley Act? What is the reason the law was enacted?

3. Compare and contrast the mechanistic and organic organizations.

4. Briefly explain one performance appraisal method. Explain an error that can occur in the performance appraisal process and one way to effectively deal with such an error.

5. Briefly explain two ways in which communication effectiveness can be improved.

6. What are the different levels of control? What are the relationships between the different levels?

7. According to the textbook, what are some of the characteristics of the new workplace?

1. Organizations have both an internal and an external environment. Describe the general environment and give at least one specific example of each dimension, other than the examples given in the text and in the lectures.

2. You are a manager of a Consulting firm, with 25 employees under your supervision. Employee Motivation appears to be slipping as well as employee performance. Employees seem to have a negative attitude about their work which has led to some turnover of employees and an increase in absenteeism.

3. You have been asked to provide upper management with recommendations of how to improve motivation of the employees. Please create a motivation plan and list the main motivational theories you are applying in this plan. You should come up with a minimum of 3 ideas on how to improve motivation.

4. Our text defines the four functions of a management as Planning, Organizing, Leading and Controlling. Briefly put, the plan states the desired outcome or goal and the process for achieving it. Control is the regulation of organizational activities and processes in such a way as to facilitate goal attainment. Assume that you are a manager of a business. State the type of business you are managing (it can be any business you choose). Give two examples of controls that you would implement in the business and how they could facilitate goal attainment.

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