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BUSMHR 2292 Midterm 1 Exam Questions and Answers

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BUSMHR 2292 Midterm 1 Exam Questions and Answers Primary differences for profit oriented businesses deal with: - Answer-Single or double taxation Liability sharing (2 types of liability) Paperwork & legal costs Ken Jennings question about artificial intelligence? - Answer-What happens to soc...

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  • October 3, 2024
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EmillyCharlotte
EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024

BUSMHR 2292 Midterm 1 Exam
Questions and Answers

Primary differences for profit oriented businesses deal with: - Answer✔✔-Single or

double taxation

Liability sharing (2 types of liability)

Paperwork & legal costs

Ken Jennings question about artificial intelligence? - Answer✔✔-What happens to

society when the world has all this artificial intelligence

Google's 5 key characteristics to high performing teams? - Answer✔✔-1.

Dependability

2. Structure and clarity- Clarifying team deliverables

3. Meaning

4. Impact

5. Psychological saftey- Feeling like you can approach or share your opinion and

showing vulnerability and bravery to speak up

Bruce Tuckman's Team Model - Answer✔✔-1. Forming- Just meeting your team;

There's a need for a leader, no clear goals and deliverable for team, people don't know

their roles yet



2. Storming- Dividing up who will do what for the group

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,EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024



3. Norming- Working with the same group of people on a similar project; Reliance on

leader starts diminishing; leader is not needed to tell people what to do as it would've

been during the forming stages



4. Performing- Team is delivering results consistently



5. Adjourning-Everyone goes their separate ways



Note: Model is not linear, it is a circular motion; You don't have to start at a specific

place, the group can catch you up to speed as you join the performing stage



Goal: Have an understanding of the different stages to get get team to performing stage

Social Loafing - Answer✔✔-The more people on the team the easier it is to hide;

Dependability, structure and clarity is a lot more difficult because there's more people to

coordinate

Groupthink - Answer✔✔-An idea gets thrown out, and the consensus is collected;

Someone had the idea and everyone kind of just went along with it because they didn't

mind

What are The five dysfunctions of a team book? - Answer✔✔-1. Inattention to Results



2. Avoidance of accountability

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, EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024



3. Lack of commitment



4. Fear of conflict



5. Absence of trust

Stanford Study - Answer✔✔-Did a study to prove that people can be manipulated by

fake news and can impact democracy

5 key steps to networking by Wesley Smith - Answer✔✔-1. Organize contacts using

Excel



2. Prioritize your closest connections



3. Do your research to ask great question



4. Follow-up and stay in touch



5. Find your champion

Who competed against Ken Jennings in TV show Jeopardy? - Answer✔✔-IBM's

Watson super computer

What did the McKinsey case find about diversity? - Answer✔✔-- Companies with

gender and ethnic diversity are 15% and 35% more likely to outperform those that don't

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