BA 342 Exam 1 2025| COMPLETE EXAM SET
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Terms in this set (110)
What are the two main -Responsibility
themes for this class?* -Responsible Leadership
The ability or authority to act or decide on one's
Responsibility*
own without supervision (Can you do the right
(Definition)
thing?)
Making business decisions that takes into account
Responsible Leadership
stakeholders (workers, clients, suppliers, the
(Financial Times
environment, the community, and future
Definition)*
generations)
Responsibility Snapshot -Understand how Ashley Madison, FIFA, Air Force,
Cases* BP examples relate to responsibility
Leadership competencies, ethical issues in business,
Smeal Strategic Plan (6) corporate social responsibility, sustainability,
diversity, responsible leadership
-License to be a contractor (i.e. CPA)
A License to Operate* -Intangibles = 53% of Total Value of Fortune 500 or
("What exactly is that about $24.27 T (Coke 96% of Value)
license?/What is the -Consumers = 85% reputation responsibility key
license to operate for a (competitiveness & market positioning)
large corporation?") -Risk Management = Gov't, NGO's, Legal
-Investors = 86% institutional investors
-Operations = Innovation, Energy, Waste, Water
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BA 342 Big Four -Ethical Issues in Business
Competencies* ("Do you -Sustainability
know what this course is -Diversity
about?") -Corporate Social Responsibility
-E = Excellent Performance
What is EAP?* -A = Academic Integrity
-P = Professional Behavior
High Level Drivers of -Population
Responsible Leadership -Resource Use
(3) -Climate Change
-Global Crisis = constant conflicts that impact
companies (war, genocide, financial crisis)
-Internet & Transparency = fast IT &
Responsible Business
additional/innovative IT
Mega Trends (5)*
-Institutional Responsibility
-New Markets & Business Care
-Stakeholder Wants/Needs = all demanding
-Highest ethical standard
Smeal Honor Code (3)
-Hold each other accountable
(Exam Q - What is not a
-Will not engage in any improper
component?)*
academic/professional actions
Lord Michael Hasting -Video about corporate social responsibility =
Video* KNOW THE OVERRIDING THEME
-P = Personal = Always starts with a person = this is
Ethics is PONG - What is ethics at its core = MOST IMPORTANT LETTER
PONG? (What is the most -O = Organizational
important letter?)* -N = National
-G = Global
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-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
The Nexus of Ethics 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.
-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
Boeing 787 Dreamline honor
(Harry Stonecipher)* -Was doing a great job in charge until he was fired
because he had an affair with a co-worker = had
negative effects/dynames on Boeing (bad public
perception)
-His bad use of ethics brought up - "Should
personal life be fair game within the workplace?" =
you are an employee 24/7
-An economic thinker & moral philosopher
-Published "A Wealth of Nations" (1776) and "Theory
of Moral Sentiments" (1759)
Adam Scott (2 Books +
-Father of modern economic theory (taught moral
Saying)*
philosophy)
-Free markets are okay if everything operates
ethically and fundamentally
Elements Companies Use -Integrity Interview
to Find Out Who People -Background Check
are or to Assess and -Credit Check
Employment Situation (4) -Personality Test
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