Subartic Survival - Answer--As an individual they would've not survived, but with a team they survived
-1+1 to be greater than 2
Moral of the Story
-Don't crash!
-Synergy-- the breakfast of champions
-team decisions-- generally better than an individual
-If you stay away from the yellow sn...
MAN320f Final Exam Questions and
Answers
CASES - Answer-
Subartic Survival - Answer--As an individual they would've not survived, but with a team
they survived
-1+1 to be greater than 2
Moral of the Story
-Don't crash!
-Synergy-- the breakfast of champions
-team decisions-- generally better than an individual
-If you stay away from the yellow snow you don't need the water purification tablets
-Teams that work together synergistically can produce extraordinary results
Subartic Survival Situation
-Synergistic decision making is based on the premise that: 1+1=3
-People are supportive of one another, and
-They follow a rational sequence of activities in dealing with a problem
-They can perform beyond the sum of their individual resources
The Interpersonal Process
-Listening to others
-Supporting their efforts to do well
-Differing with others when necessary in a manner that is constructive rather than
defensive
-Participating EQUALLY in group discussions
Listening
-Objectively weigh what has been said
-Try to understand contributions from the speaker's point of view
-Periodically review and summarize what has been stated
Participating
-Ensure that ALL members feel comfortable enough to express their ideas
The Rational Process
-Analyze the situation
-Identify objectives of goals
-Simplify the problem
-Consider alternative strategies
-Discuss adverse consequences
, Moral of the story
-In general, groups will make better decisions than individuals
Conflict on a Trading Floor - Answer-Did the protagonist miss any reasons why he
should or should not send the fax?
-potentially illegal
What are the stakes for each option?
-loose job
-earn a lot of money
How will Linda react to each option?
How does the 40,000 bonus effect your decision?
Protagonist gave 4 reasons for sending and not sending the fax but is missing one
important reason
-Linda has an ethical obligation to keep her transactions honest
-Some items you might not have thought of
*Linda has set you up perfectly as a scapegoat
*There is too much money and the deal is too big not to go through
*Peter seems useless as amateur, the senior VP is too high for you to approach
The truth
-At some point, you have to stop covering your own hide and start thinking about the
$12 million fee. Six times higher than normal
-Is this theft, in an ethical sense (as opposed to a legal sense)?
Of course it's theft
-If Poseidon calls someone else for rates, the truth will unfold
-Eventually FirstAmerica will be caught
-The company will be sued and everyone involved int he deal will loose their job
-Not to mention the loss of reputation
"To this day, I regret not having taken action"
-You can rationalize all you want but you are still misleading the client
-As in Enron, WorldCom or even the Holocaust
*Everyone sees the wrong being committed but no one does anything
-Linda's are everywhere--you don't have to be sleazy to get ahead
Fundamental Law #2:
When placed in a most difficult situation, most people will follow the path of LEAST
RESISTANCE
The Army Crew Team - Answer-Four choices:
1. Replace the V team with the JV team
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lectknancy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
