BUS 2000 EXAM 1 questions & correct
answers graded A+
What is the purpose of BUS 2000? - correct answer ✔✔First business course for
Zicklin students, provides an overview of fundamental business disciplines.
What are the 5 main business disciplines? - correct answer ✔✔1. Managerial
economics; micro/macro
2. Accounting/Finance
3. Marketing and behavioral science
4. Computer Information systems/operational research
5. Management/organizational behaviour
What are the Five Pillars and ESG? - correct answer ✔✔1. Ethical decision making
2. Communication skills
3. Quantitative analytical skills
4. Information literacy competencies
5. Global business/management
Environmental, Social, and Governance (ESG).
What is the big picture concept of the course? - correct answer
✔✔Interdisciplinary understanding of business, focusing on more than functional
areas.
,How is problem-solving developed in the course? - correct answer ✔✔Through a
research project in real business settings.
How is the course grade determined? - correct answer ✔✔Lecture grade (2/3 of
the course grade) and Recitation grade (1/3 of the course grade).
What is the grading policy for the lecture and recitation? - correct answer
✔✔Maintain an 80/82 average for large lecture/recitation.
What are the key points for ethical communication and email etiquette? - correct
answer ✔✔Show respect in communication, follow email basics.
Who should the email for written assignment #1 be addressed to? - correct
answer ✔✔Recitation professor, copy to Professor Takada.
What is covered in the large lecture for the research project? - correct answer
✔✔Research framework, processes, theoretical and analytical concepts, and
quantitative skills.
What is the focus of the recitation for the research project? - correct answer
✔✔Shadow-a-Company research project, emphasizes quantitative analytical skills
using Excel.
What is the Shadow-a-Company research project? - correct answer ✔✔Group
work, applies the business research framework to actual cases.
, What does the course cover in relation to current events? - correct answer
✔✔Major current events affecting business, with discussion and analysis of event
implications.
What is ethics? - correct answer ✔✔Values, principles, and moral standards.
What are the three questions to make ethical decisions? - correct answer ✔✔1. Is
my proposed action legal? (legal is not always ethical)
2. Is it balanced? (it is fair)
3. How will it make me feel about myself?
What is social responsibility? - correct answer ✔✔Concern for the welfare of
society as a whole.
What are some ways to prevent unethical behavior? - correct answer
✔✔Leadership, Codes of Ethics, Social Audit, Whistleblowing.
What factors influence managerial ethics? - correct answer ✔✔Individual,
Organizational, and Environmental.
What is fostering ethical behavior? - correct answer ✔✔Leadership, Codes of
Ethics, Social Audit, Whistleblowing.
What is income inequality? - correct answer ✔✔Unequal distribution of wealth.
answers graded A+
What is the purpose of BUS 2000? - correct answer ✔✔First business course for
Zicklin students, provides an overview of fundamental business disciplines.
What are the 5 main business disciplines? - correct answer ✔✔1. Managerial
economics; micro/macro
2. Accounting/Finance
3. Marketing and behavioral science
4. Computer Information systems/operational research
5. Management/organizational behaviour
What are the Five Pillars and ESG? - correct answer ✔✔1. Ethical decision making
2. Communication skills
3. Quantitative analytical skills
4. Information literacy competencies
5. Global business/management
Environmental, Social, and Governance (ESG).
What is the big picture concept of the course? - correct answer
✔✔Interdisciplinary understanding of business, focusing on more than functional
areas.
,How is problem-solving developed in the course? - correct answer ✔✔Through a
research project in real business settings.
How is the course grade determined? - correct answer ✔✔Lecture grade (2/3 of
the course grade) and Recitation grade (1/3 of the course grade).
What is the grading policy for the lecture and recitation? - correct answer
✔✔Maintain an 80/82 average for large lecture/recitation.
What are the key points for ethical communication and email etiquette? - correct
answer ✔✔Show respect in communication, follow email basics.
Who should the email for written assignment #1 be addressed to? - correct
answer ✔✔Recitation professor, copy to Professor Takada.
What is covered in the large lecture for the research project? - correct answer
✔✔Research framework, processes, theoretical and analytical concepts, and
quantitative skills.
What is the focus of the recitation for the research project? - correct answer
✔✔Shadow-a-Company research project, emphasizes quantitative analytical skills
using Excel.
What is the Shadow-a-Company research project? - correct answer ✔✔Group
work, applies the business research framework to actual cases.
, What does the course cover in relation to current events? - correct answer
✔✔Major current events affecting business, with discussion and analysis of event
implications.
What is ethics? - correct answer ✔✔Values, principles, and moral standards.
What are the three questions to make ethical decisions? - correct answer ✔✔1. Is
my proposed action legal? (legal is not always ethical)
2. Is it balanced? (it is fair)
3. How will it make me feel about myself?
What is social responsibility? - correct answer ✔✔Concern for the welfare of
society as a whole.
What are some ways to prevent unethical behavior? - correct answer
✔✔Leadership, Codes of Ethics, Social Audit, Whistleblowing.
What factors influence managerial ethics? - correct answer ✔✔Individual,
Organizational, and Environmental.
What is fostering ethical behavior? - correct answer ✔✔Leadership, Codes of
Ethics, Social Audit, Whistleblowing.
What is income inequality? - correct answer ✔✔Unequal distribution of wealth.
