strategic test 2

Question 0

Ethics strategic definition 1 of 3

Answer 0

Guidelines for how to act when our actions impact others. Especially their rights.

Question 1

Coping with ethical predicaments

Answer 1

Work toward mutual benefit and reasonable justification.

Question 2

Thomas Jefferson quote for ethics definition 1

Answer 2

Self evident, inalienable rights. Among these are “life, liberty, and pursuit of happiness”

Question 3

Ethics definition 2

Answer 3

Real commitment to actually living by a system of values that is not centered on self and that do not change for personal convenience.

Question 4

Ethics definition 3

Answer 4

What you do when no one else is watching.

Question 5

Values

Answer 5

Ranked and weighted prioritieS

Question 6

Morals

Answer 6

Deep personal feeling about right/wrong, good/bad

Question 7

Integrity

Answer 7

Wholeness of character

Question 8

Common morality

Answer 8

Shared morals

Question 9

9 methods/approaches to dealing with ethical predicaments

Answer 9

1. Legal
2. Situational
3. Corporate
4. Newspaper
5. Pragmatic
6. Personal morals
7. Golden rule
8. Greatest good
9. Non-approach

Question 10

5 summary guidelines for ethics

Answer 10

1. Prepare through practice
2. Never think, plan, or act in isolation.
3. Be open about rationale
4. Use multiple methods
5. Consider that from the list they derive from personal morals. So we must know our values or priorities.

Question 11

Quote about values

Answer 11

Until we establish our values at the hardest moment, we will be lost.

Question 12

Culture is…

Answer 12

Shared norms, values, beliefs.

Question 13

Culture has…

Answer 13

Tangible and intangible/invisible aspects

Question 14

Moral hazard

Answer 14

You appear to be benefitting a party but by doing so could be leading them into trouble

Question 15

3 ways to move a culture

Answer 15

• change the top mgt team
• change the artifacts (name)
• alter the hr policies

Question 16

How do culture and strategy relate?

Answer 16

Culture should support strategy and strategy should grow from culture.

Question 17

5 characteristics of excellent strategic managers

Answer 17

1. Manage stability by mastering details
2. Detect discontinuity by disrupting our thinking
3. Know the business personally and intimately
4. Shape patterns of culture
5. Build on the past, work toward future, act in the present.