LSUS MBA 704 LATEST 2026 EXAMS SCRIPT
QUESTIONS AND ANSWERS SURE A+
✔✔What opportunities and challenges can an aging workforce create? - ✔✔healthcare
and massive retirement projections
✔✔What has a significant impact on the corporate bottom line? - ✔✔Fostering
engagement (a concept related to passion) in employees
✔✔What is a gig economy? - ✔✔Consists of temporary, flexible jobs where
organizations hire independent contractors instead of, or in addition to, full-time
employees with no particular loyalty to either organization
✔✔What is a key issue with a gig economy? - ✔✔Changing nature of the employment
contact- both from legal as well as attitudinal approach
✔✔What is outsourcing? - ✔✔Consists of temporary, flexible jobs where organizations
hire independent contractors instead of, or in addition to, full-time employees with no
particular loyalty to either organization
✔✔What is a key issue with a gig economy? - ✔✔Changing nature of the employment
contact- both from legal as well as attitudinal approach
, ✔✔What is outsourcing? - ✔✔Refers to having someone outside the formal ongoing
organization doing work previously handled in-house (i.e. a company hiring the services
of a different firm to handle patrol and benefits instead of having these administered
within the company)
✔✔What is offshoring? - ✔✔Sending jobs previously done in one country to another
country (i.e. lower cost of labor)
✔✔What industry uses outsourcing and offshoring the most? - ✔✔Software technology
(43 percent of companies in the US)
✔✔In 2019, what percentage of women contributed to the work force in the US? - ✔✔46
percent
✔✔What are the percentages of black and hispanic people in the US? - ✔✔12.6
percent black and 18 percent hispanic
✔✔In the US, what percent of domestic employees are foreign born? - ✔✔17 percent
✔✔What is diversity? - ✔✔Refers to compositional differences among people in a work
unit; may be defined by any characteristic that varies within a particular work unit such
as gender, race, age, education, tenure, or functional background (engineer versus
accountant)
✔✔What is inclusion? - ✔✔Involves allowing individuals to bring aspects of themselves
that make then unique, while also being treated as insiders (organizations ensure that
all individuals are allowed to participate in the organizational life fully, their voices are
heard, and concerted efforts are made to remove barriers to the fair treatment of
everyone)
✔✔What are the benefits of diversity? - ✔✔Increased creativity in decision making
because of higher quality decisions; appeal to a broader customer base (i.e. apple
having a sodium intake metric, but reproductive health; image recognition software to
recognize black face) more advantage in the stock market because of diversity
programs
✔✔What are some positive reasons for organizations to have diversity? - ✔✔Trust of
the employees; without it, employees feel injustice and higher levels of abandonment
✔✔What two things outlawed discrimination based on age, gender, race, national origin,
or religion? - ✔✔The Age Discrimination Act of 1975 and Title VII of the Civil Rights Act
of 1964
QUESTIONS AND ANSWERS SURE A+
✔✔What opportunities and challenges can an aging workforce create? - ✔✔healthcare
and massive retirement projections
✔✔What has a significant impact on the corporate bottom line? - ✔✔Fostering
engagement (a concept related to passion) in employees
✔✔What is a gig economy? - ✔✔Consists of temporary, flexible jobs where
organizations hire independent contractors instead of, or in addition to, full-time
employees with no particular loyalty to either organization
✔✔What is a key issue with a gig economy? - ✔✔Changing nature of the employment
contact- both from legal as well as attitudinal approach
✔✔What is outsourcing? - ✔✔Consists of temporary, flexible jobs where organizations
hire independent contractors instead of, or in addition to, full-time employees with no
particular loyalty to either organization
✔✔What is a key issue with a gig economy? - ✔✔Changing nature of the employment
contact- both from legal as well as attitudinal approach
, ✔✔What is outsourcing? - ✔✔Refers to having someone outside the formal ongoing
organization doing work previously handled in-house (i.e. a company hiring the services
of a different firm to handle patrol and benefits instead of having these administered
within the company)
✔✔What is offshoring? - ✔✔Sending jobs previously done in one country to another
country (i.e. lower cost of labor)
✔✔What industry uses outsourcing and offshoring the most? - ✔✔Software technology
(43 percent of companies in the US)
✔✔In 2019, what percentage of women contributed to the work force in the US? - ✔✔46
percent
✔✔What are the percentages of black and hispanic people in the US? - ✔✔12.6
percent black and 18 percent hispanic
✔✔In the US, what percent of domestic employees are foreign born? - ✔✔17 percent
✔✔What is diversity? - ✔✔Refers to compositional differences among people in a work
unit; may be defined by any characteristic that varies within a particular work unit such
as gender, race, age, education, tenure, or functional background (engineer versus
accountant)
✔✔What is inclusion? - ✔✔Involves allowing individuals to bring aspects of themselves
that make then unique, while also being treated as insiders (organizations ensure that
all individuals are allowed to participate in the organizational life fully, their voices are
heard, and concerted efforts are made to remove barriers to the fair treatment of
everyone)
✔✔What are the benefits of diversity? - ✔✔Increased creativity in decision making
because of higher quality decisions; appeal to a broader customer base (i.e. apple
having a sodium intake metric, but reproductive health; image recognition software to
recognize black face) more advantage in the stock market because of diversity
programs
✔✔What are some positive reasons for organizations to have diversity? - ✔✔Trust of
the employees; without it, employees feel injustice and higher levels of abandonment
✔✔What two things outlawed discrimination based on age, gender, race, national origin,
or religion? - ✔✔The Age Discrimination Act of 1975 and Title VII of the Civil Rights Act
of 1964
