LSUS MBA 704 EXAM SCRIPT 1 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◉ What point did Thomas Friedman's book The World is Flat: A
Brief History of the Twenty-First Century make? Answer: The
internet has flattened the world and created an environment in
which there is a more level playing field in terms of access to
information. This access has led to an increase in innovation, as
knowledge can be shared instantly across time zones and cultures
while also creating intense competition between businesses
◉ What are some challenges for technological advancements made
since COVID-19? Answer: Technology trends and Online Data
Privacy Concerns
Learning how to evaluate the quality of the information that is found
◉ What are the indicators used to identify truthful information
highlighted by Santa Clara University's Trust Project? Answer: Best
practices (What are your standards? Who funds the news outlet?
What is the outlet's mission?)
Author expertise (Who reported this? Details about the journalists
who wrote the story, including expertise, and other stories they have
worked on)
,Type of Work (What am I reading? Labels to distinguish opinion,
analysis, and advertiser, sponsored content from new reports)
Citations and References (For investigative or in-depth stories,
greater access to the sources behind the facts and assertions)
Methods (also for in-depth stories, information about why reporters
chose to pursue a story and how they went about the process)
Locally sourced (lets people know when the story has local origin or
expertise)
Diverse voices (a newsroom's effort to engage the public's help in
setting coverage priorities, contributing to the reporting process,
ensuring accuracy, and other areas)
◉ What is the primary role of for-profit companies? Answer: To
generate shareholder wealth
◉ What is the triple bottom line? Answer: Gaining popularity;
evaluating organizations against three performance criteria
including economic, social, and environmental viability
, ◉ What are sustainable business practices? Answer: Those that
meet the present needs without compromising the needs of future
generations
◉ What is bound to change the economy? Answer: Increasing
interdependence between business, governmental agencies, not-for-
profit organizations, and NGOs
◉ How many baby boomers will retire over the next 30 years while
how many new workers from generations X and Y will enter the
workforce? Answer: 76 million and 46 million
◉ What opportunities and challenges can an aging workforce
create? Answer: healthcare and massive retirement projections
◉ What has a significant impact on the corporate bottom line?
Answer: Fostering engagement (a concept related to passion) in
employees
◉ What is a gig economy? Answer: Consists of temporary, flexible
jobs where organizations hire independent contractors instead of, or
in addition to, full-time employees with no particular loyalty to
either organization
QUESTIONS WITH SOLUTIONS GRADED A+
◉ What point did Thomas Friedman's book The World is Flat: A
Brief History of the Twenty-First Century make? Answer: The
internet has flattened the world and created an environment in
which there is a more level playing field in terms of access to
information. This access has led to an increase in innovation, as
knowledge can be shared instantly across time zones and cultures
while also creating intense competition between businesses
◉ What are some challenges for technological advancements made
since COVID-19? Answer: Technology trends and Online Data
Privacy Concerns
Learning how to evaluate the quality of the information that is found
◉ What are the indicators used to identify truthful information
highlighted by Santa Clara University's Trust Project? Answer: Best
practices (What are your standards? Who funds the news outlet?
What is the outlet's mission?)
Author expertise (Who reported this? Details about the journalists
who wrote the story, including expertise, and other stories they have
worked on)
,Type of Work (What am I reading? Labels to distinguish opinion,
analysis, and advertiser, sponsored content from new reports)
Citations and References (For investigative or in-depth stories,
greater access to the sources behind the facts and assertions)
Methods (also for in-depth stories, information about why reporters
chose to pursue a story and how they went about the process)
Locally sourced (lets people know when the story has local origin or
expertise)
Diverse voices (a newsroom's effort to engage the public's help in
setting coverage priorities, contributing to the reporting process,
ensuring accuracy, and other areas)
◉ What is the primary role of for-profit companies? Answer: To
generate shareholder wealth
◉ What is the triple bottom line? Answer: Gaining popularity;
evaluating organizations against three performance criteria
including economic, social, and environmental viability
, ◉ What are sustainable business practices? Answer: Those that
meet the present needs without compromising the needs of future
generations
◉ What is bound to change the economy? Answer: Increasing
interdependence between business, governmental agencies, not-for-
profit organizations, and NGOs
◉ How many baby boomers will retire over the next 30 years while
how many new workers from generations X and Y will enter the
workforce? Answer: 76 million and 46 million
◉ What opportunities and challenges can an aging workforce
create? Answer: healthcare and massive retirement projections
◉ What has a significant impact on the corporate bottom line?
Answer: Fostering engagement (a concept related to passion) in
employees
◉ What is a gig economy? Answer: Consists of temporary, flexible
jobs where organizations hire independent contractors instead of, or
in addition to, full-time employees with no particular loyalty to
either organization
