ETHICAL LEADERSHIP BUSI 3002 UPDATED
FINAL EXAM Latest Update 2024-2025 Actual Exam 160 Questions and 100% Verified Correct Answers Guaranteed A+
"quid pro quo" - CORRECT ANSWER: exchange of favors (unethically) usually involves harassment of some kind
Adam Smith - CORRECT ANSWER: a professor of logic and moral philosophy during
the late 18th century who developed critical economic ideas still considered important today.
AI - CORRECT ANSWER: technology that machines do human work like thinking
algorithim - CORRECT ANSWER: set of rules providing instructions for problem solving
apathetic culture - CORRECT ANSWER: shows minimal concern for either people or
performance
authentic leaders - CORRECT ANSWER: Leaders who are passionate about the
company, live out corporate values daily in their behavior in the workplace, and form long-term relationships with employees and other stakeholders
balanced scorecard - CORRECT ANSWER: a performance measurement tool that
details a company's performance through financial and nonfinancial perspectives, giving management a comprehensive view of the business
behavioral economics - CORRECT ANSWER: assumes humans act irrationally because
of genetics, emotions, learned behavior, and heuristics, or rules of thumb
- / 3
big data - CORRECT ANSWER: large volumes of structures and unstructured data that needs to be transmitted at very high speeds
Bimodel Wealth Distribution - CORRECT ANSWER: occurs when the middle class
shrinks, resulting in highly concentrated wealth among the rich and increased number of poor people with few resources
bioethics - CORRECT ANSWER: the ethical application and implication of ethics in medicine, healthcare, biotechnology, and the environment
Biotechnology - CORRECT ANSWER: the exploitation of biological processes for
industrial and other purposes, especially the genetic manipulation of microorganisms for the production of antibiotics, hormones, etc.
blockchain - CORRECT ANSWER: decentralized record keeping technology that stores an immutable record of data "blocks" or ledgers over time
Business for Social Responsibility (BSR) - CORRECT ANSWER: A globally based
resource system that endorses following responsible business practices abroad
caring culture - CORRECT ANSWER: exhibits high concern for people but minimal
concern for performance issues
centralized organization - CORRECT ANSWER: decision-making authority is
concentrated in the hands of top-level managers, and little authority is delegated to lower levels
Chief Privacy Officer (CPO) - CORRECT ANSWER: An executive responsible for
developing and implementing policies and procedures related to privacy protection
code of ethics - CORRECT ANSWER: consists of general statements, sometimes
altruistic or inspirational, that serve as principles and as the basis for rules of conduct
- / 3
codes of conduct - CORRECT ANSWER: formal statements that describe what an
organization expects of its employees
coercive power - CORRECT ANSWER: penalizes actions or behavior
compliance culture - CORRECT ANSWER: a legalistic approach to ethics
compliance orientation - CORRECT ANSWER: A control system that creates order by
requiring employees to identify with and commit to specific required conduct
consumerism - CORRECT ANSWER: the belief that the interests of consumers, rather than those of producers, should dictate the economic structure of a society
cookies - CORRECT ANSWER: data from website that is on computer then sent back to the website
COPPA (Children's Online Privacy Protection Act) - CORRECT ANSWER: US law that
directs FTO to create and enforce regulations governing the online privacy of children
copyright - CORRECT ANSWER: protects original works, both published and
unpublished: musical, literary, dramatic, and artistic work
cultural audit - CORRECT ANSWER: an assessment of an organization's values
cultural relativism - CORRECT ANSWER: The concept that morality varies from one
culture to another and that business practices are therefore differentially defined as right or wrong by particular cultures
decentralized organization - CORRECT ANSWER: decision making authority is
delegated as far down the chain of command as possible
- / 3