Chapter 2: Ethical Foundations in Organizational Behavior
1. In Learning from Experience: Anne Mulcahy, Chairman and Former CEO of Xerox, Commits to
Business Ethics: Xerox fired CEO Richard Thoman, who was charged with, but not convicted of,
Analyzing Financial Statements
Explain the purpose of financial statement analysis.
Financial statement analysis is used retrospectively in evaluating past
performance for the identification of problem areas.
Cost Flows and Business Organizations
1. Explain the flow of products and costs in a manufacturing organization.
In a manufacturing organization, employees work with raw materials to make finished
goods to be sold to custom
Management Accounting and Cost Concepts
1. Explain how management accounting is a competitive tool.
Management accounting involves innovation, experimentation, diversity, success
and failure as firms develop accounting sy
1. Distinguish between debt and equity financing, and describe the advantages and
disadvantages of organizing a business as a proprietorship or a partnership.
Borrowing money imposes a legal obligation to
Statement of Cash Flows
Understand the purpose of a statement of cash flows.
Recognize the different types of information reported in the statement of cash
The statement of cash flows reports an entitys inflo
General personality traits are observable within and outside the context of work (Dubrin,
Dalglish & Miller 2006). These traits contribute to satisfaction and success in personal life
likewise in the working environment.
Steve Jobs had the reputation of a hot-tempered manager throughout his life.
As early as 1987, the New York Times wrote: "by the early 80's, Mr. Jobs was widely hated at
Apple. Senior management had to endure his temper tantrums. He created res