ETHICAL LEADERSHIP BUSI 3002 UPDATED

ETHICAL LEADERSHIP BUSI 3002 UPDATED

FINAL EXAM Latest Update - Actual Exam 160 Questions and 100% Verified Correct Answers Guaranteed A+

"quid pro quo" - CORRECT ANSWER: exchange of favors (unethically) usually involves harassment of some kind

Adam Smith - CORRECT ANSWER: a professor of logic and moral philosophy during

the late 18th century who developed critical economic ideas still considered important today.

AI - CORRECT ANSWER: technology that machines do human work like thinking

algorithim - CORRECT ANSWER: set of rules providing instructions for problem solving

apathetic culture - CORRECT ANSWER: shows minimal concern for either people or

performance

authentic leaders - CORRECT ANSWER: Leaders who are passionate about the

company, live out corporate values daily in their behavior in the workplace, and form long-term relationships with employees and other stakeholders

balanced scorecard - CORRECT ANSWER: a performance measurement tool that

details a company's performance through financial and nonfinancial perspectives, giving management a comprehensive view of the business

behavioral economics - CORRECT ANSWER: assumes humans act irrationally because

of genetics, emotions, learned behavior, and heuristics, or rules of thumb

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big data - CORRECT ANSWER: large volumes of structures and unstructured data that needs to be transmitted at very high speeds

Bimodel Wealth Distribution - CORRECT ANSWER: occurs when the middle class

shrinks, resulting in highly concentrated wealth among the rich and increased number of poor people with few resources

bioethics - CORRECT ANSWER: the ethical application and implication of ethics in medicine, healthcare, biotechnology, and the environment

Biotechnology - CORRECT ANSWER: the exploitation of biological processes for

industrial and other purposes, especially the genetic manipulation of microorganisms for the production of antibiotics, hormones, etc.

blockchain - CORRECT ANSWER: decentralized record keeping technology that stores an immutable record of data "blocks" or ledgers over time

Business for Social Responsibility (BSR) - CORRECT ANSWER: A globally based

resource system that endorses following responsible business practices abroad

caring culture - CORRECT ANSWER: exhibits high concern for people but minimal

concern for performance issues

centralized organization - CORRECT ANSWER: decision-making authority is

concentrated in the hands of top-level managers, and little authority is delegated to lower levels

Chief Privacy Officer (CPO) - CORRECT ANSWER: An executive responsible for

developing and implementing policies and procedures related to privacy protection

code of ethics - CORRECT ANSWER: consists of general statements, sometimes

altruistic or inspirational, that serve as principles and as the basis for rules of conduct

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codes of conduct - CORRECT ANSWER: formal statements that describe what an

organization expects of its employees

coercive power - CORRECT ANSWER: penalizes actions or behavior

compliance culture - CORRECT ANSWER: a legalistic approach to ethics

compliance orientation - CORRECT ANSWER: A control system that creates order by

requiring employees to identify with and commit to specific required conduct

consumerism - CORRECT ANSWER: the belief that the interests of consumers, rather than those of producers, should dictate the economic structure of a society

cookies - CORRECT ANSWER: data from website that is on computer then sent back to the website

COPPA (Children's Online Privacy Protection Act) - CORRECT ANSWER: US law that

directs FTO to create and enforce regulations governing the online privacy of children

copyright - CORRECT ANSWER: protects original works, both published and

unpublished: musical, literary, dramatic, and artistic work

cultural audit - CORRECT ANSWER: an assessment of an organization's values

cultural relativism - CORRECT ANSWER: The concept that morality varies from one

culture to another and that business practices are therefore differentially defined as right or wrong by particular cultures

decentralized organization - CORRECT ANSWER: decision making authority is

delegated as far down the chain of command as possible

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