Fundamentals of Business
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Questions and Answers

What is the term for the practice of promoting a company as environmentally friendly while not fully adopting safe practices due to cost concerns?

  • Whistleblowing
  • Cherry picking
  • Sheltering
  • Greenwashing (correct)

Which department is chiefly responsible for handling cash flow through receivables and payables?

  • Human resource management
  • Accounting and finance (correct)
  • Research and development
  • Marketing

Which of the following functions is specifically carried out by the information technology department?

  • Employee training
  • Financial reporting
  • Product testing
  • Computer installation (correct)

What is the primary responsibility of the human resources department in an organization?

<p>Maintaining compliance with labor laws (B)</p> Signup and view all the answers

Which of the following activities would best reflect a company's commitment to social responsibility?

<p>Initiating a community technology recycling program (D)</p> Signup and view all the answers

What aspect of the company is being identified when an employee finds alignment between their values and the company's ethical values?

<p>Organizational culture (C)</p> Signup and view all the answers

In what way is a manager violating organizational principles by asking an employee to omit information from a financial report?

<p>Ethics (C)</p> Signup and view all the answers

In a corporate social responsibility (CSR) program, who is primarily intended to benefit from the initiative?

<p>Community members (C)</p> Signup and view all the answers

Which employee action best exemplifies a corporation's commitment to a green workplace according to its code of ethics?

<p>Starting an office recycling program (D)</p> Signup and view all the answers

What type of activity would most appropriately showcase a company's dedication to making a positive impact in the local community through a CSR initiative?

<p>Creating employee volunteer days for community service (B)</p> Signup and view all the answers

Flashcards

Organizational Culture

The shared values, beliefs, and norms that shape how people behave within an organization.

Ethical Violation

An action that goes against the accepted standards of right and wrong in an organization.

CSR Program Beneficiary

The individuals or groups who will gain benefits from a corporate social responsibility program.

Green Workplace

Workplace practices that minimize environmental impact.

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Corporate Social Responsibility (CSR) Initiative

Activities undertaken by a company to contribute to the well-being of the community.

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Greenwashing

A deceptive practice of promoting an environmentally friendly image while actually using harmful practices.

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Accounting and Finance Department

Handles company's financial transactions, including managing receivables and payables.

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Information Technology Department

Manages technology systems and operations.

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Human Resources Department

Manages employment related tasks, ensuring compliance with labor laws

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Community Technology Recycling

A program to collect and recycle old computers from the community.

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