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BA 300 SDSU Austin Midterm 2 Exam Questions and Answers
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BA 300 SDSU Austin Midterm 2 Exam Questions and Answers
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BA 300 SDSU Austin Midterm 2 ExamQuestions and Answers
Objectivism ii- iiAnswers ii-- iiThe iiprimary iiobligation iiof iia iihuman iiis iito iibe iirational iiat iiall
iitimes
- iiCan iionly iiconvince iipeople iithrough iireason
- iiBuild iiyourself iiinto iithe iibest iihuman iiyou iican iipossibly iibe ii
(ex. iiMarrying iisomeone iibecause iithey iiwill iiallow iiyou iito iibe iithe iibest iihuman iiyou iican
iibe)
Start iiUp iias iiCSR ii- iiAnswers ii-A iisocial iiinvestment iifor iishareholders
They iiknow iiat iiIPO iithat iithe iicompany iiis iia iinormative iiCSR
Biggest iiCon iiof iiObjectivism ii- iiAnswers ii-- iiIndividualistic
too iiself-centered
- iiJudgmental
ii"you're iinot iidoing iiwhat iiyou're iisupposed iito iibe iidoing iito iibecome iithe iibest iiyou iican
iibe iiso iiI'm iinot iigoing iito iibe iifriends iiwith iiyou"
Normative iiCSR ii- iiAnswers ii-Corporations iishould iiengage iiin iiCSR iiprograms iibc iiit's
iithe iiright iior iimoral iithing iito iido iieven iiat iithe iiexpense iiof iiprofits ii(participating iiin
iicharity iieven iiif iiit iimakes iiyou iilose iiprofits)
Challenges iito iiShareholder iiValue ii- iiAnswers ii-- iiDifficult iito iirely iion iiself-interested
iibusiness iipeople iito iiact iion iishareholder's iibehalf iiso iimarket iimechanisms iiare
iirequired iito iimake iisure iithe iiright iithing iiis iibeing iidone
- iiCorporate iiresponsibility iilies iiin iiensuring iieffective iicorporate iigovernance
iimechanisms iito iiprotect iithe iilong iiterm iiinterest iiof iishareholders
Biggest iiCon iiof iiIntegrative iiSocial iiContracts iiTheory ii- iiAnswers ii-Hard iito iifigure iiout
iiwhat iithe iilocal iinorms iiare
Ethics iiof iiCare iiExample ii- iiAnswers ii-Founder iimight iihave iia iiwhole iidifferent iipurpose
iithan iimaking iia iilot iiof iimoney, iimaybe iiworking iifrom ii9am-3pm iiso iithey iican't iipick iiup
iitheir iikids iior iigo iisurfing iiif iithey iiwant ii(usually iismaller, iientrepreneurial iicompanies)
Ethical iiJustifications ii- iiAnswers ii-1. iiPowerful iiorganizations iishould iihelp iialeviate
iiglobal iiinequalities
, 2. iiLeads iito iigreater iiliberty iifor iithe iipoor/less iifortunate
3. iiCapitalism iiwill iionly iibe iieffective iiif iithe iimasses iibuy iiinto iiit
(You iineed iithe iipeople's iisupport iior iithe iisystem iiwill iicrumble)
4. iiShareholders iidon't iido iithe iireal ii"work"
5. iiConsider iinonwestern iivalues: iiYou iidon't iialways iihave iito iimaximize iithings. iiDon't
iibe iigreedy, iishare iiyour iiwealth iiand iimake iithe iiworld iia iibetter iiplace.
Whistleblowing iiTriggers ii- iiAnswers ii-- iiTruth ii(being iiviolated, iilying)
- iiEmployee ii(selling iia iifaulty iiproduct)
- iiTrust ii(when iisomeone iiis iigetting iisomething iifrom iisomeone iiand iiviolating iitheir
iirights)
- iiHarm ii(actually iiphysical/psychological iiharm)
- iiYour iipersonal iireputation ii(going iito iicause iiyou iilong iiterm iidamage)
- iiOrganizations iireputation ii(if iiyour iideparment iiis iidoing iisomething iithat iicould iihurt
iithe iicorporation)
- iiBreaking iithe iilaw
Biggest iiCon iiof iiEthics iiof iiCare ii- iiAnswers ii-Neglects iijustice ii(enabling iisomeone iito
iido iisomething iiwrong)
No iibackbone ii(feeling iisorry ii& iitaking iicare iiof iithem iieven iithough iithey're iiwrong)
Significant iiIntervention ii- iiAnswers ii--By iilaw iiemployees iican iidetermine iilaws iiand iigo
iiagainst iishareholders.
-Doesn't iihappen iiin iiUS, iimore iiin iiEurope
Levi iiStrauss iiin iiBangladesh ii- iiAnswers ii-Levi iiStrauss iiwas iihiring ii14/15-year-olds iiin
iiBangladesh iito iisew iitheir iiclothes. iiNot iia iilocal iinorm iiin iiBangladesh iibut iia iilocal
iinorm iiin iiAmerica. iiStrauss iirecognized iithis iias iian iiissue iiand iisaid iithey iiwould iipay
iifor iitheir iischool iiand iionce iithey iireach ii15 ii(the iilegal iiworking iiage) iithey iihave iithe
iioption iito iiwork iifor iithe iifactory iiagain iiif iithey iiwant iito iimake iimoney
Shareholder iiValue iiPerspective ii- iiAnswers ii-It iiis iithe iicorporation's iiobligation iito iitry
iiand iimaximize iishareholder iivalue iiforever ii
- iiMaximize iiprofits iiwithin iithe iilaw iiand iimorality
Precursers iito iiwhistleblowing ii- iiAnswers ii-- iiAre iiyou iidealing iiwith iia iiserious iiissue?
- iiAssemble iithe iifacts
- iibe iisure iifacts iiare iiaccurate
- iiAsked iipeers iior iimanagers iifor iiadvice
- iiSee iia iilaw iior iipolicy iiabout iito iibe iiviolated
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