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MGT 389 FINAL EXAM
MGT 389, Fall 2020 – Hargrave
FINAL EXAM STUDY GUIDE
Material covered before the midterm
Primary and secondary stakeholders
Shareholder theory and its problems
Stakeholder theory and its problems
Pros and cons of corporate power
Corporate social responsibility and its pros and cons Why ethics is important to business
Why ethical problems occur in business
Ethical frameworks: utilitarianism, rights, virtues, care Public issues
Performance-expectations gap
Approaches to issues management
MGT 389 FINAL EXAM
Business-Government Relations
Types of government policies and regulations – economic, social, environmental Market failure – definition and types
Government failure – definition and types
Influencing the Political Environment
Reasons business should and should not be involved in politics Types of corporate political strategy
Lobbying
Economic leverage
Constituency building
Business and Sustainability
Sustainability and sustainable development
Anthropocene
Planetary boundaries
Climate change and its business impacts
Limits to growth (neo-Malthusian) perspective
Technological optimism (cornucopian perspective)
Competitive advantages of sustainability, and whether sustainability always “pays”
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