BUS 303- Midterm Exam Questions with 100% Correct Answers

BUS 303- Midterm Exam Questions with 100% Correct Answers 3 maxims of practical reason - kant tells us how we must think about ethics: - think for yourself - think from the POV of others - think consistently awareness of your emotions can help you - - know your values better - provides emotional dimension and understanding of situations bad scientist - 1. use data favouring desired result 2. recall memories affirming desired result 3. choose friends who agree with us 4. ask questions soliciting desired answer 5. when facts are available ppl see what they want to conclude 6. we are more critical of the methodology of studies we disagree with confirmation bias - experiences are ambiguous- can be view in many ways - to ensure that our views are credible, our brain accepts what our eyes see - to ensure that our views are positive, our eye looks for what brain wants context frequency recency - important in clarifying ambiguous symbols cost benefit analysis - a decision-making process in which you compare what you will sacrifice and gain by a specific action - utilitarianism provides moral authority for CBA - highly subjective develop alternatives and decision criteria - decision criteria should be quantitative and qualitative ex: quantitative: profit, cost, bonus, ROI, market share qualitative: image, ehtics, safety, employee morale development of EI - 1. my ideal self 2. my real self 3. my learning agenda 4. experimenting with new behaviours, thoughts, feelings e features of defining moments - 1. reveal 2. test 3. shape