Chapter 5 · Management and Social Well-Being
26concepts
0calculations
Conventions
Adapted from Dyck et al., Management: Financial, Social, and Ecological Well-Being, 2nd edition (2026), CC BY-SA 4.0. These adaptations are shared under CC BY-SA 4.0. Original study aids; not an instructor-authored quiz or prediction of the exam. Source: Chapter 5 · https://pressbooks.openedmb.ca/management/chapter/chapter-5/
Questions
01Which set contains the three social well-being components used in this chapter?
- Contracts, quotas, and subsidies.
- Meaningful work, meaningful relationships, and peace and social justice.
- Jobs, goods and services, and profits.
- Inputs, conversion, and disposal only.
02What best explains Boldr's use as a SET case?
- It treats location choice solely as a search for the lowest wage.
- It makes living wages and community contribution part of its purpose while maintaining viability.
- It abandons every need for financial resources.
- It considers people only when doing so maximizes profit.
03A person regards higher income and personal status as the primary meaning of success. Which quadrant fits best?
- Transcendent source and holistic focus.
- Transcendent source and individualistic focus.
- Materialistic source and holistic focus.
- Materialistic source and individualistic focus.
04Which combination identifies TBLa in Figure 5.1?
- Transcendent source and individualistic focus.
- Materialistic source and individualistic focus.
- Transcendent source and holistic focus.
- Materialistic source and holistic focus.
05Which combination identifies TBLb in Figure 5.1?
- Transcendent source and individualistic focus.
- Materialistic source and individualistic focus.
- Materialistic source and holistic focus.
- Transcendent source and holistic focus.
06Which combination identifies SET in the meaning framework?
- Materialistic source and individualistic focus.
- Transcendent source and holistic focus.
- Transcendent source and individualistic focus.
- Materialistic source and holistic focus.
07Which statement about transcendent meaning is correct?
- It always requires one particular religion.
- It can come from connection with people or nature as well as a sacred other.
- It means having the highest salary.
- It is identical to competitive individual advancement.
08Which condition is one of the three hallmarks of meaningful work?
- Feeling valued and a sense of belonging.
- Never seeing who benefits from the work.
- Being paid the maximum wage regardless of purpose.
- Having no connection between work and personal values.
09Which example illustrates job crafting?
- An employee reshapes task priorities, relationships, or the interpretation of their role.
- An employer changes only the product's packaging.
- A manager alone specifies every detail without employee input.
- A government adds a tariff on imports.
10A fundraiser meets students who benefit from the scholarships being funded. Which job characteristic becomes more visible?
- Task significance.
- Ecological footprint.
- Import quota.
- Currency liquidity.
11Why does SET question a mindfulness program used only to help staff tolerate excessive pressure?
- It rejects all reflection or mental well-being.
- It asks whether the stressful organizational structures themselves should change.
- It assumes productivity is never relevant.
- It equates maximum work hours with flourishing.
12Which choice best reflects voluntary simplicity?
- Assuming personal fulfillment is proportional to purchases.
- Choosing sufficient income and consumption while making time for meaningful contribution and relationships.
- Working longer hours solely to display higher status.
- Acquiring more possessions regardless of actual needs.
13A person maintains contact with a colleague solely to gain promotions. What kind of relationship is this?
- Non-instrumental.
- A relationship without any external objective.
- Egalicentric by definition.
- Instrumental.
14Which example most clearly illustrates a non-instrumental relationship?
- A salesperson networks solely to increase commission.
- A buyer speaks to suppliers only to extract lower prices.
- A manager befriends someone exclusively to obtain privileged information.
- Two colleagues support one another through difficulty without expecting professional returns.
15What does the Banker's Paradox warn about in social relationships?
- Transactional logic can neglect people with high needs and little ability to provide returns.
- The greatest need always attracts the most transactional investment.
- Financial risk has no analogy to social investment.
- Friendship is necessarily equivalent to a market contract.
16Which is a legitimate distinction between friendship and nepotism?
- Nepotism is the same as task significance.
- Friendship can be intrinsically valuable, while nepotism gives relatives advantages without regard to qualifications.
- Every non-instrumental friendship is necessarily nepotism.
- Fair hiring requires employees never to care about colleagues.
17Why does TBL commonly justify work-life balance?
- It eliminates the need for any business to earn revenue.
- It prohibits non-work relationships.
- It can improve loyalty, motivation, and productivity.
- It treats financial performance as irrelevant in every decision.
18A firm assists a distressed supplier even without a foreseeable commercial return. Which interpretation best fits SET?
- Only short-term value extraction.
- A requirement to ignore the supplier's suffering.
- Obstruction of ecological disclosure.
- Compassion and valuing the person beyond instrumental benefit.
19Why is the absence of war insufficient to establish the fullest meaning of peace?
- Stable order can coexist with oppression, inequality, or lack of dignity.
- Peace has no connection to freedom or harmony.
- Social justice is defined solely by military expenditure.
- Every stable empire necessarily treats all groups fairly.
20A manager exports home-country practices believing they are inherently superior to local ones. Which orientation is this?
- Egalicentrism.
- Polycentrism.
- Ethnocentrism.
- Job crafting.
21A manager adapts to host-country customs because this seems best for the firm's performance. Which orientation is this?
- Egalicentrism.
- Ethnocentrism.
- Polycentrism.
- A calling orientation.
22Two cultural groups jointly create a new management approach through reciprocal learning. Which orientation is this?
- Unilateral home-country standardization.
- Polycentrism limited to accepting existing host practices.
- Ethnocentrism.
- Egalicentrism.
23Which commitment belongs to the UN Global Compact as discussed in the chapter?
- Requiring every firm to adopt one national culture.
- Treating human rights as unrelated to business.
- Opposition to forced labor, child labor, discrimination, and corruption.
- Using forced labor whenever it lowers costs.
24What makes Coffee for Peace more than an ordinary coffee sales example?
- It evaluates success solely through bean volume.
- It removes farmer compensation from its concerns.
- It prohibits contact between conflicting communities.
- It links sustainable livelihoods with cross-community dialogue and peacebuilding.
25An entrepreneur says, “My work is a meaningful contribution to the world.” Which work orientation is most directly indicated?
- A purely instrumental orientation with no purpose beyond wages.
- Career orientation.
- Calling orientation.
- Job orientation.
26The lecture asks managers to consider purpose, interaction, activity, stressors, and coping. What is the most appropriate use of this list?
- Use it as a discussion framework for supportive conditions, rather than a diagnosis of every employee.
- Treat it as proof that all distress has one workplace cause.
- Assume an isolated productivity program settles every well-being issue.
- Use it to require employees to disclose medical histories.