MBA 704 Exam 1 Chapter 2: Globalization, Diversity, and Ethical Behavior, Exams of Economics

A series of questions and answers related to chapter 2 of mba 704, focusing on key concepts like globalization, diversity management, and ethical behavior in organizations. It explores the impact of cultural differences on organizational behavior, the importance of diversity in today's workforce, and the role of ethical considerations in business practices. The document offers insights into the challenges and opportunities associated with managing a diverse workforce in a globalized environment.

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2024/2025

Available from 02/11/2025

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MBA 704 Exam 1 Chapter 2 Exam Questions
And Answers Latest 2025
what is meant by globalization? - - -
correct answer there is a trend toward similar clothes,
entertainment, and material possessions, and even general
recognition that English is the language of business. cultures
around the world impact the organizational behavior of managers
and employees. Cultural differences affected the attitudes,
perceptions and behaviors of managers toward planning, profit and
other related business concerns
what are the reasons for the complexity of cross-cultural
management - - -
correct answer people are influence by multiple cultures
even though people are from the same country, they still hav
different beliefs, values, and behaviors
counterparts from other cultures are becoming savvy in how to
deal with foreigners and may not be typical of their own culture
because of the complexity of culture, simplistic categorizations may
initially be helpful, but turn to be poor predictors of behavior
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And Answers Latest 2025

what is meant by globalization? - - - correct answer ✅there is a trend toward similar clothes, entertainment, and material possessions, and even general recognition that English is the language of business. cultures around the world impact the organizational behavior of managers and employees. Cultural differences affected the attitudes, perceptions and behaviors of managers toward planning, profit and other related business concerns what are the reasons for the complexity of cross-cultural management - - - correct answer ✅people are influence by multiple cultures even though people are from the same country, they still hav different beliefs, values, and behaviors counterparts from other cultures are becoming savvy in how to deal with foreigners and may not be typical of their own culture because of the complexity of culture, simplistic categorizations may initially be helpful, but turn to be poor predictors of behavior

And Answers Latest 2025

what is the global mindset? - - - correct answer ✅a set of individual attributes that enable an individual to influence individuals, groups, and organizations from diverse social, cultural, institutional systems. those with a global mindset are able to view and evaluate a cultural event or interaction through a broad array of potential categories and quickly recognize nuances that differentiate cultural groups how have companies changed their outlook on diversity? - - - correct answer ✅diversity is now looked at as a reality to build on to make a stronger, more competitive enterprise. diversity must be recognized and nurtured as the organization's greatest asset, and the ability to attract and work with diverse talent must be seen as a critical competitive advantage society for human resource management has identified the following items for effective diversity management - - - correct answer ✅creating a work environment or culture that allows everyone to contribute all that they can to the organization leveraging differences and similarities in the workforce for the strategic advantage of the organization

And Answers Latest 2025

what is another driving force behind diversity? - - - correct answer ✅the realization that diversity can help them meet the competitive pressures they currently face. firms that try to aggressively hire women and minorities are going to end up with a more talented and capable workforce. companies that gain a reputation for celebrating diversity are more likely to attract the best employees regardless of age, gender, or ethnicity racial diversity interact with business strategy in three different ways - - - correct answer ✅productivity, return on equity, and market performance how does entering the international arena impact diversity? - - - correct answer ✅if domestic organizations push to be more diverse, then they will have no problem shifting to the diversity in the world describe a multicultural organization - - - correct answer ✅reflects the contributions and interests of diverse

And Answers Latest 2025

cultural and social groups in its mission, operations, and product or service acts on a commitment to eradicate social oppression in all forms within the organization includes the members of diverse cultural and social groups as full participants, especially in decisions that shape the organization follows through on broader external social responsibilities, including support of other institutional efforts to eliminate all forms of social oppression what are the stages of multicultural organization - - - correct answer ✅exclusionary stage: devoted to maintaining the dominance of one group club organization: the maintenance of privileges by those who have traditionally held power

And Answers Latest 2025

why is empathy important in diversity? - - - correct answer ✅empathy is an important way to deal with subtle problems because it helps the manager understand the diverse employee's point of view what is the problem with testing - - - correct answer ✅tests may be culturally biased. job-specific tests can alleviate this concern tests used in effectively managing diversity should be able to identify whether the applicant has the necessary skills for doing the job what elements do firms have the have adopted diversity training? -

correct answer ✅large size positive top management beliefs about diversity high strategic priority of diversity relative to other competing objectives presence of a diversity manager existence of a large number of other diversity supportive policies

And Answers Latest 2025

what is the key to diversity success? - - - correct answer ✅top-management support for diversity; what is the transfer problem? - - - correct answer ✅those going thru diversity training may see the value and gain some relevant knowledge, but then do not transfer this training to the job what are the benefits of mentoring? - - - correct answer ✅identify the skills, interests, and aspirations the person has provide instruction in specific skills and knowledge critical to successful job performance help in understanding the unwritten rules of the organization and how to avoid saying or doing the wrong things answer questions and provide important insights offer emotional support

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compressed workweek is the 4 day workweek job sharing is the splitting of a full-time position between two people, each of whom works part-time. this arrangement is more common in professional positions in banking, insurance, and teaching what are innovative work/family programs? - - - correct answer ✅child care or elder care adoption benefits leave/time off requests convenience benefits life-cycle accounts health promotion benefits education assistance housing assistance group purchase programs casual day program

And Answers Latest 2025

what are the cultural impacts on ethical behavior - - - correct answer ✅cultural influences: family, friends, neighbors, education, religion, and media organizational influences: ethical codes, role models, policies and practices, and reward and punishment systems external forces: political, legal, economic, and international developments Does ethical behavior pay off? - - - correct answer ✅yes Fortune 500 companies that were convicted of crimes had significantly lower returns on assets/sales