Busmhr 2292 Study guides, Class notes & Summaries

Objectivity and Transparency - ️️Rationalizations can create hurdles to objectivity -Some Rationalizations and Hurdles: -Conflicting Interest - Self Interest, "Inappropriate self-interest) -"Moral Disengagement" (See Bandura's Moral Disengagement) -Conflicts of interest can threaten our impartiality -"Tests" of Ethical Judgement (Paine's). Visibility, Generality, Legacy West Point - Three Rules of Thumb - ️️1. does action attempt to deceive or allow deceit? 2. does action ...

Social Loafing - ️️The more people on the team the easier it is to hide; Dependability, structure and clarity is a lot more difficult because there's more people to coordinate Google's 5 key characteristics to high performing teams? - ️️1. Dependability 2. Structure and clarity- Clarifying team deliverables 3. Meaning 4. Impact 5. Psychological saftey- Feeling like you can approach or share your opinion and showing vulnerability and bravery to speak up Primary differences for ...

Integrating (problem solving) - ️️When using an integrating style, interested parties confront the issue and cooperatively identify the problem, generate and weigh alternatives, and select a solution. Psychologically safe climate - ️️refers to a shared belief held by team members that the team is a safe place for interpersonal risk taking and captures a sense of confidence that the team will not embarrass, reject, or punish someone for speaking up. Intergroup conflict - ️️-Conf...

Primary differences for profit oriented businesses deal with: - answer-Single or double taxation Liability sharing (2 types of liability) Paperwork & legal costs Ken Jennings question about artificial intelligence? - answer-What happens to society when the world has all this artificial intelligence Google's 5 key characteristics to high performing teams? - answer-1. Dependability 2. Structure and clarity- Clarifying team deliverables 3. Meaning 4. Impact 5. Psychological saftey- Fee...

Paine's Basic Ethics Framework, what was his framework article about? - answer--Markets are amoral, but market participants frequently must make ethical judgements (Trust) -Repeats links between ethics and performance -Despite those links, Paine argues we haven't done a good job of integrating ethics strategies into management decision making strategies -Paine suggests a framework for doing so: -Difficulty is that we often use emotion, rather than reason, to resolve ethical issues....

Conflict - answer-Occurs when one party perceives that its interests are being opposed or negatively affected by another party. Two kinds of conflict - answer-1. Functional 2. Dysfunctional Conflict escalation often exhibits these five characteristics: - answer-1. Change in tactics—Parties often move from "light tactics" (e.g., persuasive arguments, promises, and efforts to please the other side) to "heavy tactics" (e.g., threats, power plays, and violence). 2. Number of issues gr...

Tyco Scandal - ️️Dennis Kozlowski (former CEO of Tyco), convicted in 2002 for a misappropriation of Tyco's corporate funds results lens - ️️greatest good for the greatest number of people (consequentialist theories utilitarianism) Morality - ️️personal compass of values and motives Justice - ️️just behavior or treatment ethics - ️️actions that count for meeting shared community values business ethics - ️️shared and mutually enforced professional norms Rights/Resp...

Morality - answer-personal compass of values and motives Justice - answer-just behavior or treatment ethics - answer-actions that count for meeting shared community values business ethics - answer-shared and mutually enforced professional norms Rights/Responsibilities Lens - answer-you act in an ethical manner because it is your duty (deontological theories) Relationships Lens - answer-if the process id right it will take care of all stakeholders (justice theories) results lens...

SWOT analysis - the pattern of decisions in a company that determines and reveals its objectives, purposes, or goals, produces the principal policies and plans for achieving those goals, and defines the range of business the company is to pursue. Purpose: to understand how internal conditions contribute to your organization's strengths and weaknesses and how external conditions exist as opportunities and threats to your business model. The goal of a SWOT is not just to develop a laundry list of...