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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
What are the two main themes for this class?* -
ANSWER--Responsibility
-Responsible Leadership
Responsibility* (Definition) - ANSWER-The ability or
authority to act or decide on one's own without
supervision (Can you do the right thing?)
Responsible Leadership (Financial Times Definition)* -
ANSWER-Making business decisions that takes into
account stakeholders (workers, clients, suppliers, the
environment, the community, and future generations)
Responsibility Snapshot Cases* - ANSWER--Understand
how Ashley Madison, FIFA, Air Force, BP examples
relate to responsibility
,Smeal Strategic Plan (6) - ANSWER-Leadership
competencies, ethical issues in business, corporate social
responsibility, sustainability, diversity, responsible
leadership
A License to Operate* ("What exactly is that
license?/What is the license to operate for a large
corporation?") - ANSWER--License to be a contractor
(i.e. CPA)
-Intangibles = 53% of Total Value of Fortune 500 or
about $24.27 T (Coke 96% of Value)
-Consumers = 85% reputation responsibility key
(competitiveness & market positioning)
-Risk Management = Gov't, NGO's, Legal
-Investors = 86% institutional investors
-Operations = Innovation, Energy, Waste, Water
BA 342 Big Four Competencies* ("Do you know what
this course is about?") - ANSWER--Ethical Issues in
Business
-Sustainability
-Diversity
-Corporate Social Responsibility
What is EAP?* - ANSWER--E = Excellent Performance
-A = Academic Integrity
-P = Professional Behavior
,High Level Drivers of Responsible Leadership (3) -
ANSWER--Population
-Resource Use
-Climate Change
Responsible Business Mega Trends (5)* - ANSWER--
Global Crisis = constant conflicts that impact companies
(war, genocide, financial crisis)
-Internet & Transparency = fast IT &
additional/innovative IT
-Institutional Responsibility
-New Markets & Business Care
-Stakeholder Wants/Needs = all demanding
Smeal Honor Code (3) (Exam Q - What is not a
component?)* - ANSWER--Highest ethical standard
-Hold each other accountable
-Will not engage in any improper academic/professional
actions
Lord Michael Hasting Video* - ANSWER--Video about
corporate social responsibility = KNOW THE
OVERRIDING THEME
Ethics is PONG - What is PONG? (What is the most
important letter?)* - ANSWER--P = Personal = Always
, starts with a person = this is ethics at its core = MOST
IMPORTANT LETTER
-O = Organizational
-N = National
-G = Global
The Nexus of Ethics - ANSWER--Focused on the
importance of integrity interviewers
-Companies are looking at the personal and professional
side of candidates
-Sensation-Seeking Trait = score high = people who act
impulsively without thinking, driven to excitement & new
experiences, and willing to take risks in order to satisfy
those needs
-Antisocial Tendencies = unwillingness/inability to
conform to the accepted societal standards - enjoy
criminal activity (corporate crime)
-Prudence Scale = score low = increased tendency to lie,
cheat, steal, drink, fight, etc.
Boeing 787 Dreamline (Harry Stonecipher)* - ANSWER-
-Know the Harry Stonecipher & the elements described in
the example
-Based on ethics, honor, and integrity
-Harry Stonecipher was brought back to Boeing and went
"by the books" and practiced ethically with honor
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