Leadership in Justice-Based Management Systems Quiz

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According to the text, what are the three components of a Justice-Based Management system?

Justice-Based Operational and Governance Structures, Justice-Based Focus on the Customer, Justice-Based Employee Compensation (correct)

Justice-Based Operational and Governance Structures, Justice-Based Focus on the Customer, Justice-Based Employee Motivation

Justice-Based Operational and Governance Structures, Justice-Based Focus on the Environment, Justice-Based Employee Compensation

Justice-Based Operational and Governance Structures, Justice-Based Focus on the Customer, Justice-Based Employee Benefits

What is the main purpose of Justice-Based Operational and Governance Structures in a company?

To increase the company's profitability and market share

To achieve a specific function according to sound principles and universal moral values (correct)

To create a positive work environment for employees

To ensure compliance with legal regulations

Why does a Justice-Based Management system emphasize a focus on the customer?

Because customers have the power to influence the company's success

Because each customer deserves to be treated with dignity and fairness (correct)

Because customers provide financial support to the company

Because customers determine the company's core values

According to the text, what is the first responsibility of a leader?

To define reality Signup and view all the answers

According to the text, what are the universal values that genuine leadership values are based on?

Truth, Love, and Justice Signup and view all the answers

According to the text, what is the role of a leader in a justice-based management system?

To guide and empower others with a shared set of principles, a shared vision, and shared goals Signup and view all the answers

According to the text, what does a justice-based system offer to minimize abuses of concentrated power?

Structured decentralization of ownership, power, and accountability Signup and view all the answers

According to Justice-Based Management, what is the formula for value?

V = Q/P Signup and view all the answers

What does the formula V = Q/P represent in Justice-Based Management?

Value will rise as quality increases and/or price decreases Signup and view all the answers

What is the main purpose of a Justice-Based Pay and Reward System?

To compensate individuals based on the value of their contributions Signup and view all the answers

What are the key factors that shape the implementation of Justice-Based Management in each company?

Size, industry, location, demographics, marketing strategy, and leadership style Signup and view all the answers

According to the text, why is Justice-Based Management important for labor unions?

To address injustices at the workplace Signup and view all the answers

What is the main reason for the decline in the number of union members in the private sector?

The shrinking global competitiveness of U.S. corporations Signup and view all the answers

Why do many business executives fear unions?

They are considered an outside force antagonistic to the interests of the company Signup and view all the answers

What is the ultimate goal of unions, according to the text?

To protect the rights and long-term welfare of workers Signup and view all the answers

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