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TAMU Business 101 Semester Final Exam
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- NUR 240 EXAM 2 Practice Questions.
TAMU Business 101 Semester Final Exam
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TAMU Business 101 Semester Final ExamAs one of the most diverse countries in the world, this country has 11 official languages.
English is generally the language in international business. When demonstrating a
point, locals may use metaphors and sports analogies. So, it's important to learn what
kind of sports they play in this country, or you may strike out in business. - ANS-India
Business negotiators in this country have a reputation for toughness, yielding very little.
Part of their immobility is because they are generally averse to risk. Personal
relationships are far more important than corporate ones. Each time your company
changes its representative, you will essentially be starting from scratch. New alliances
must be built up before business can proceed. - ANS-Argentina
Business scenario of analyzing data: - ANS-Which stakeholders' needs are the most
important?
For each data point, ask:
Which position does this support?
How strong is it?
Is there any underlying or hidden bias?
Is the data provided sufficient for supporting this position?
Culture iceberg analogy: - ANS-On the surface you can only see a little of a culture, but
on the inside there's much more
Did you read over "Five Ways that ESG Creates Value" article? - ANS-Hopefully, yes.
How do businesses meet their social responsibilities to various stakeholders? -
ANS-Providing employees with a safe, clean working environment.
Providing customers with good, safe, quality products and services.
Responsible to the general public to be good corporate citizens.
Firms must help protect the environment and provide a good place to work.
, Companies also engage in corporate philanthropy, which includes contributing cash,
donating goods and services, and supporting volunteer efforts of employees.
Companies are responsible to investors. They should earn a reasonable profit for
company owners.
How do we take action in diversity and inclusion? - ANS-Act as an ally: Someone willing
to use their power to advocate for and support people in less advantaged positions. Use
one's power to advocate for and support people in less advantaged positions.
How do you analyze the data? - ANS-- Identify data that move your interpretation
toward a certain position.
- Look for and connect additional evidence that also supports this position
- Identify data that move your interpretations toward an opposite or alternative position.
- Look for and connect additional evidence that also supports this position
- Clarify the criteria for determining what is important and relevant in this situation.
How do you construct an argument that addresses the problem? - ANS-- Based on your
corroborating evidence, develop two or three solutions to the problem
- Consider stakeholders points of views and include those to support each solution
For each solution:
- List and prioritize the reasons that support it
- Acknowledge the reasons that don't support it
- Differentiate facts from assumptions and opinions
- If appropriate, develop a pros and cons comparison
- Clarify the actions that would be taken and recognize the possible consequences
How do you critique an argument? - ANS-- Make sure the argument accurately
addresses the original problem
- Evaluate evidence for credibility and support of the argument
- Identify assumptions, biases, or gaps in the reasoning that could weaken your
argument
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