HFT 4224 final UPDATED ACTUAL Exam
Questions and CORRECT Answers
4 tenets of conscious capitalism - CORRECT ANSWER - 1. higher purpose
2. stakeholder integration
3. conscious leadership
4. conscious culture and management
higher purpose - CORRECT ANSWER - the reason a company exists
stakeholder integration - CORRECT ANSWER - All stakeholders in a business are
interconnected and independent
Stakeholders are motivated by the purpose
conscious leadership - CORRECT ANSWER - Leadership motivated by service
Conscious culture and management - CORRECT ANSWER - Using a business approach
to management
Who are the relevant stakeholders? - CORRECT ANSWER - Employees, supplies,
customers, investors, community, environment
What is Win6? - CORRECT ANSWER - When conflicts and potential trade-offs arise
between major stakeholders, conscious businesses engage in the limitless power of human
creativity to create win-win-win-win-win-win solutions that transcend those conflicts and create
a harmony of interests among the interdependent stakeholders.
Rawls veil of ignorance - CORRECT ANSWER - Imagine yourself in a conscious
intelligent state before your own birth and without any knowledge of what your future will be
Imagine if you are not you
Questions and CORRECT Answers
4 tenets of conscious capitalism - CORRECT ANSWER - 1. higher purpose
2. stakeholder integration
3. conscious leadership
4. conscious culture and management
higher purpose - CORRECT ANSWER - the reason a company exists
stakeholder integration - CORRECT ANSWER - All stakeholders in a business are
interconnected and independent
Stakeholders are motivated by the purpose
conscious leadership - CORRECT ANSWER - Leadership motivated by service
Conscious culture and management - CORRECT ANSWER - Using a business approach
to management
Who are the relevant stakeholders? - CORRECT ANSWER - Employees, supplies,
customers, investors, community, environment
What is Win6? - CORRECT ANSWER - When conflicts and potential trade-offs arise
between major stakeholders, conscious businesses engage in the limitless power of human
creativity to create win-win-win-win-win-win solutions that transcend those conflicts and create
a harmony of interests among the interdependent stakeholders.
Rawls veil of ignorance - CORRECT ANSWER - Imagine yourself in a conscious
intelligent state before your own birth and without any knowledge of what your future will be
Imagine if you are not you
