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MAN 320F exam 3 Aroian-Questions with Correct Answers/ Verified/ latest Version (2024/2025)
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MAN 320F exam 3 Aroian-Questions with Correct Answers/ Verified/ latest Version (2024/2025)
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MAN 320F exam 3 Aroian-Questions with Correct Answers/Verified/ latest Version (2024/2025)
Martha McCaskey works for a division of Praxis that specializes in industry analysis.
McCaskey's current project requires her to obtain proprietary __________ about the
competitor of her client. All solutions to successfully complete the project result in a
compromise of McCaskey's _____. - ✔✔information,values
The first alternative includes setting up another meeting with ______ and paying him the
$____ for the information needed. McCaskey feels ___________ with this alternative
because it compromises her personal values of honesty and integrity. However, she is also
lacking confidence in whether this really is just a "gentleman's industrial espionage" -
something that sounds less dishonest. - ✔✔Devon,4000,uncomfortable
The second alternative includes her handing over the second interview with Devon to
Kaufmann.__________ has much experience in obtaining information that is considered
proprietary in the past. In addition, McCaskey will still be promoted to group manager if she
does not conduct the second interview with Devon herself. As long as Praxis collects the
necessary ___________ about the manufacturing processes and costs for building a new
type of computer chip McCaskey will be promoted. The main problem with this course of
action is that it still conflicts with McCaskey's personal values of ________ and __________.
The main benefit is that she can rationalize that her hands are slightly ____dirty in the
process. - ✔✔Kauffmann,information,honesty,integrity,less
The third alternative includes McCaskey __________ this unethical ________ to a superior
of Praxis. Because there are no formal written guidelines that discourages a Praxis employee
to gain what may be considered proprietary information by paying a large sum to a contact,
McCaskey must present this information to upper management that will enforce regulations
to be met. In addition, Praxis is made up of four divisions with the Industry Analysis Division
very separate from the other three branches. These branches may be unaware of the
practices taking place in Industry Analysis Division; therefore, McCaskey may feel it is
pertinent to inform them of such practices. This would be a courageous move for McCaskey
and may carry great benefits. If guidelines are set she may feel her personal values are more
compatible with Praxis's and more importantly Industry Analysis's values; thus, she will
continue working for Praxis. - ✔✔reporting,behavior
The last alternative includes McCaskey deciding to not finish the project and _____ Praxis
completely. She feels the company has put her in a difficult position where she is to
compromise her values. Consequently, she may choose to leave Praxis and seek a company
,with corporate values that better suit her personal values. In this alternative, McCaskey also
must decide whether to still inform her direct superiors, Praxis executives, and possibly the
companies that the proprietary information is being gathered about. Again, in these
decisions, McCaskey may be committing herself to drawn out investigations or possibly
hurting her reputation in the industry. - ✔✔leave
In conclusion, we strongly believe it is best for McCaskey to ___ Praxis and find other
employment that more accurately aligns with her personal values, and if, the situation ever
arises where she is questioned about the practices at IAD later on, she should comply and
________ any information on the practices. - ✔✔quit,disclose
They ___about ethics, but do not actually _____ethical behavior. - ✔✔talk,display
Martha is an _____and upright person, but has done something that are _______. -
✔✔honest,unethical
Martha has started to go down that slippery ____. - ✔✔slope
Martha's boss _____information on her slides to change what their research is about. -
✔✔changing
When you have ___all those little _______behavior, it makes the organization _______. -
✔✔add,unethical,unethical
Venture Capita ($18 B), State Funds ($4 B), Angel Investors ($35 B), Three F's (friends,
family, fools - $60 B) - ✔✔What are the 3 top sources of start up funding?
250,000 - 500,000 - ✔✔Size of investment?
Medical devices & equipment, Software, biotechnology - ✔✔Top 3 investment categories?
close to home ("in their backyard"), 2 hour drive - ✔✔Where do VC's invest?
, bc potential ROI - ✔✔Why do Angel groups often pay over value for investments ?
20% make up for 80% that dont matter - ✔✔What is the percentage of successful deals for
VC?
preferred investment/company stage - ✔✔What is important to note about the seed/early
stage?
pension funds, insurance companies, endowments, foundations, HIGH NET WoRTH
INDIVIDUALS (not what you know but who you know) - ✔✔Where do I get the money to
invest?
equity investments made to fund the launch or early development, or expansion of a private
and quite young company. - ✔✔What is a Venture Capitalist?
higher than average return - ✔✔What kind of return does a VC expect?
Entrepreneur; someone who assumes the financial risk of beginning and managing a new
venture - ✔✔Who will a VC fund?
-an experienced/proven management team
-a great idea/concept that is proprietary
-something that cannot be duplicated
-a product or service that 7 billion humans will buy
-a great rate of return on investment
-intellectual property that is protected by patents or trademarks
-Zero risk, which does not exist (PERFECT INVESTMENT DOES NOT EXIST BC fundamental
laws of business) - ✔✔What does a "perfect" investment opportunity look like?
1- it will always cost more than you thought it would
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