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BA 342 Final Exam 2022|Real exam update with all the correct answers
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BA 342 Final Exam 2022|Real exam update with all the correct answers
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BA 342 Final Exam 2022|Real examupdate with all the correct answers
Why take BA 342 - ANSWER-Solid understanding of
leadership competencies
Responsibility - ANSWER-Ability/authority to act or decide
without supervision.
Responsible Leadership - ANSWER-- Making business
decisions that takes into account stakeholders
-High level drivers: population, resource use, climate change
Banking Data (Financial Crisis) - ANSWER-
License to Operate - ANSWER-• Intangibles
• Consumers
• Risk management
• Employees
• Investors
• Operations
4 Big Topics 342 - ANSWER-• Ethical issues in business
• Corporate social responsibility
• Diversity & inclusion
• Sustainability
,Smeal Honor Code - ANSWER-We aspire to the highest ethical
standards
we will hold each other accountable.
We will not engage in any improper academic or professional
actions
Today and Tomorrow
EAP - ANSWER-• Excellent performance
• Academic integrity
• Professional behavior
Cisco Case - ANSWER-• Bringing people together, innovative
solutions are created which harness technology to harness global
problems and speed the pace of global change
• Designed communications network to help people in need
• Packaging redesign to reduce carbon footprint
- It development for women
Spiderman - ANSWER-• With great power comes great
responsibility
Ethics is PONG: - ANSWER-• Personal
• Organizational
• National
• Global
Nexus of Ethics - ANSWER-•Harry Stonecipher resigned from
CEO of Boeing after having an affair
•Brought up the relationship between personal and business
ethics
,o Bedrooms & Boardrooms
o The Science of Misbehavior
o Insight through interviews
o Checking the records
Adam Smith - ANSWER-• Moral Philosopher, Economical
thinker
• Wealth of Nations
• Theory of Moral Sentiments
• Free Markets work if done with honesty and integrity
Stake holder - Sandusky Case - ANSWER-• Students, alum,
victims, athletics, community, families, sponsors
ERC data - Ethics Resource Center - ANSWER-• Managerial
class is where misconduct is more commonly found
• 5 most frequent types of misconduct
o Abusive behavior
o Bad internet use
o Discrimination
o Lying to stakeholders
o Conflicts of interest
4% - Observed misconduct 41%
2% - Reporting of observed misconduct 63%
4% - Perceived Pressure to commit misconduct 9%
1% - Perceived retaliation from misconduct 21%
Immoral Management - ANSWER-- doesn't care about the rules
or lines know its wrong and choose to do it anyways
, - implies positive and active opposition to what is ethical
- managements motives are selfish
- management values profitability and success at any costs, legal
standards as barriers
- exploiting opportunities for corporate gain
Moral Management - ANSWER-- conforms to the highest
standards of ethical behavior.
- management focused on elevating ethical norms, aspires to
succeed but only ethically, includes spirit and letter of the law
3 commercials - ANSWER-1. Honest Tea - paying for drink
2.Doritos - bribery
3.Taco Bell - feels good to get away with it
Ethics Class definition - ANSWER-Set of principles, right
conduct, underlying values
Ethics Book definition - ANSWER-Business ethics: concerned
with morality & fairness in behavior, policy, action, & practices
that take place with in a business context
Right vs Wrong discussion - ANSWER-situational factors -
make judgement call using baseline values
Cultural Relativism - ANSWER-adopting to country's protocals
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