EXAM 2 BA 300 Austin Latest Update -

EXAM 2 BA 300 Austin Latest Update - Actual Exam from Credible Sources with 200 Questions and Verified Correct Answers Golden Ticket to Guaranteed A+ Verified by Professor

• challenges to shareholders value - CORRECT ANSWER: 1) difficult to self rely on self

interested business peopleto act on others behalf: market mechanisms are required to rein them in 2) shareholder value supporters think that part of corporate responsibilityis creating effective corporate governance mechanisms to portect long term interests of shareholders

• key CSR distinctions - CORRECT ANSWER: 1) Repair externalities/"do no harm," but

not responsible for general social problems

2) Advance the common good, "whether or not it's directly related to their core business"

• types of ethical justifications - CORRECT ANSWER: efficiency - resources pulled to

their most valued uses liberty - individuals are free to participate or not

7 steps of whistelblowing - CORRECT ANSWER: 1) tell your manager

2) discuss with your family 3) take it to next level 4) contact your companies ethics officer 5) Consider going out of your chain of command 6) get help outside of the company 7) leave the company

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A person who is good at analyzing ethics but doesnt act on the conclusion is missing

something - - CORRECT ANSWER: a good charcter

A proponent of eudamonisitc approach empahsizes the taring and cicrumstances that do or do not lead people to develop good charcters such as what - CORRECT

ANSWER: quality of educastion

the values practied at home long term effects of work environemnt

An example of focusing on someone as having an ethical or unethical character as

opposed to focusing on the assessment of acts - CORRECT ANSWER: someone could

assess the same action by two people - someone being insensitive or rude One person has the tendancy of acting this way the other does does not ( you may learn, this person has a serious illness in the family)

For the first person, this action reflects their character

arguments against normative CSR 4 - CORRECT ANSWER: - violated uses -

shareholders money without their consent -presumes that mangers have better moral skills than share holders -weakens managements accountability to shareholders

• distracts management from its primary purpose

At IPO shareholders invest in the promise of max shareholder value within legal and

moral constraints in exchnage for what - CORRECT ANSWER: in exchange for taking

on the firms residual risk

the promise stays with shares as they chage from person to person over time

Before whisteblowing make sure to do these 5 things - CORRECT ANSWER: - make

sure its a serious issue 2 / 3

-assemble all the facts

• check to make sure facts are accurate
• ask peers or manager for advice
• see a law or policy about to be violated

Biggest con of ethics and care - CORRECT ANSWER: - it can neglect justice

• if someone does something wrong, you try to find causes/ feel sorry for them -->

enables their bad behavior

biggest con of objectivism - CORRECT ANSWER: -Individualistic and judgmental

-They think it is too self centered -they want people to be more community oriented and they think that rand it too focused on the self

Biggest pro of ethics and care - CORRECT ANSWER: -protects the weak and

dependent -the theory cares about those less advantaged

Biggest pro of objectivism - CORRECT ANSWER: - Reinforces personal responsibility -Very important for people to take responsibility for themselves and develop through productive energy to help yourself with the pros and cons in your life

Both blank and blank can become habits - CORRECT ANSWER: virtuous behavior and

vice

character formation is the balance of what - CORRECT ANSWER: abut finding a nature that balances reason and emotion

Corporate Responsibility

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