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BA 342 Comprehensive Exam 1 (2024) – With Questions & Answers (Rated A+)

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BA 342 Comprehensive Exam 1 (2024) – With Questions & Answers (Rated A+) BA 342 Comprehensive Exam 1 (2024) – With Questions & Answers (Rated A+) 6Elements of an Ethics and Compliance Program - ANSWER - - How can you trust that your workers will do the right thing? - 2013, 41% of US worker...

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BA 342 Comprehensive Exam 1
(2024) – With Questions &
Answers (Rated A+)




Conceptial Research


, BA 342 Comprehensive Exam 1 (2024)
– With Questions & Answers (Rated A+)
○ 6Elements of an Ethics and Compliance Program - ANSWER - - How can you trust
that your workers will do the right thing?
- 2013, 41% of US workers said that they observed illegal or unethical practices in
the workplace

○ 6Elements of an Ethics and Compliance Program
■ Written standards of ethical workplace conduct
■ Training on standards
■ Company resources that provide advice on ethics issues
■ A process to report potential violations confidentially or anonymously
■ Performance evaluations of ethical conduct
■ Systems to discipline violators.
- Ethical Danger Zones:
Euphemisms.
Lowered thresholds.
Rationalization.
Avoidance.
Fear of retaliation
Conflicting goals

Article:
The Fraud Triangle - ANSWER - ● Opportunity
○ Element which businesses have the most control
○ Created by weak internal controls, poor management oversight, and/or through
use of ones position and authority
○ Failure to establish adequate procedures to detect fraudulent activity also
increases the opportunities fraud for to occur

● Motivation (Pressure/Incentive)
○ Can be financial motivations but addictions to drugs or gambling can also motivate
someone to commit fraud

● Rationalization
○ Frame of mind or ethical character that allows employees to intentionally
misappropriate cash or other organizational assets and justify their dishonest actions
○ Common rationalizations include making up for being underpaid or replacing a
bonus that was deserved but not received

Values Based Framework for Ethical Decision Making Process - ANSWER - Ethical
Decision-Making Process

Step #1: Awareness: What are the ethical concerns or issues?

Step #2: Facts: What is known or unknown in this situation?

, Step #3: Stakeholders: What individuals or groups are affected or will be affected?

Step #4: Standards: Are there any laws, policies or professional standards that apply
to this situation?

Step #5: Values: What personal or organization values apply?

Step #6: Options/Action: What options do you have? What actions will you take?

Why take BA342? Theme of class - ANSWER - Responsibility

Responsibility and Responsibility Leadership definitions - ANSWER - ○
Responsibility - the ability or authority to act or decide on one's own without
supervision

○ Responsible leadership - making business decisions that takes into account
stakeholders such as workers, clients, suppliers, the environment, the community,
and future generations

Snapshot cases (Ashley Madison, Chipotle, Volkswagen, FIFA) - ANSWER - ○
Ashley Madison - website for affairs that leaked the userlist on accident (caused
divorces, suicides, ruined reputations.)
○ Chipotle - all the food prep scandals
○ Volkswagen - Dieselgate
○ FIFA - corruption involving FIFA world cup locations

Smeal Strategic Plan (14-19)
4 key culture elements - ANSWER - ○ Providing extraordinary education
○ Highest quality research
○ Building our Culture of:
■ Integrity
■ Diversity
■ Service
■ Sustainability

EAP - ANSWER - ○ Excellent Performance
○ Academic Integrity
○ Professional Behavior

CISCO Video Case on Responsibility - ANSWER - ○ Corporate & social
responsibility - what are they doing to impact the world?

○ Examples:
■ Malaysia - CISCO sensors to measure energy efficiency
■ Africa - Ebola & Nethope; help design communication network
■ Nepal - earthquake; CISCO set up emergency communication and rapid response
kits
■ Recycling - packaging to reduce greenhouse gas emissions
■ 9000 private/public partnerships to teach IT education - networking academies

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