Business Cornerstone PDF

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Final Exam Study Guide Business Cornerstone Multiple choice and T/F 40 questions (approx. ½ Critical Thinking, ¼ Teams/Ethics & ¼ Career) 4 x 6 Notecard front and back allowed This review sheet should help you focus your time studying for the exam. Students that do well on my tests study this material each day. Chapter’s 8a,b,c , 9a Critical Thinking 1. Introduction to Critical Thinking (pp. 321-333) 2. Characteristics of well-cultivated critical thinker (p.327) 3. First order thinking vs Second order thinking (p. 329) 4. Intellectuals standards and identify examples (pp. 335-347) 5. Elements of Reasoning (pp. 347-354) 6. Three Categories of Questions (pp. 365-372) 7. Know the Fallacies and identify examples (pp. 396-398) Do not need to know circular reasoning or non sequitur for test

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Study the “Fallacy Help sheet” and videos located under Critical Thinking

2. Practice the assessment quizzes and understand the answers (don’t memorize) 3. Take your study guide and write down your notes to each one in a very short direct and concise manner. Don’t answer them in long paragraphs. You need to understand the material…..

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Under the Intellectual Standards: be able to differentiate between them. The best way to do this is to study the squared bullet points under each one. For example, under “Clarity”, which is the gateway standard, the bullet points say  Could you elaborate on that point?  Could you express that point in another way?’  Could you give me an illustration?  Could you give me an example?

Three Categories of Questions: Fact: one right answer Preference: your opinion like favorite color blue, loved your trip to Hawaii Judgement: your opinion, but you answer with critical analysis because the question is debatable, has multiple views, and is significant ….For example: Do you think Business Cornerstone be a required course to graduate from the College of Business? Do you think there be capital punishment? Gun Control? Health Care Reform?

Teams 1. Decision-Making Pitfalls (Audio) Groupthink situation and Escalation of Commitment how to avoid these pitfalls 2. Causes of Team Imbalance (Audio) 3. Successful Teams: The 3 C’s (Reading Material/audio) 4. Characteristics of Effective Teams (Reading Material/audio) 5. Stages of Team Development: Forming, Storming, Norming, Performing and Adjourning (Reading Material)

Chapter’s 11, 12 Business Ethics 1. Prescriptive Approaches: Virtue, Deontological and Utilitarianism. Be able to identify examples of each 2. Tylenol Case (Johnson & Johnson), Integrated Approach-the economic, legal and moral, (pp. 441-443, 449) 3. 8- step guide to Ethical Decision Making and question guide by Texas Instruments 4. Economic Responsibility, Social Responsibility (CSR) (p. 471-475)

Career Information What “Wow” means, Cover letter, references, resume, elevator pitch, Mock Interview (i.e. STAR, situational questions), difference between Service Learning, Volunteering and Community Service...