Name and define the four components of authentic leadership.
What will be an ideal response?
Self-awareness means being conscious of, and trusting in, our motives, desires,
feelings, and self-concept. Self-aware people know their strengths and weaknesses,
personal traits, and emotional patterns, and they are able to use this knowledge when
interacting with others and their environments. Balanced processing describes remaining
objective when receiving information. Inauthentic responses involve denying, distorting, or
ignoring feedback we don’t want to acknowledge. We may have to accept the fact that we
aren’t very good at certain activities (accounting, writing, and playing basketball) or that
we have problems managing our anger. Internalized moral perspective refers to regulating our behavior according to our internal standards and values, not according to what others
say. We act in harmony with what we believe and do not change our behavior to please
others or to earn rewards or avoid punishment. Relational transparency is presenting the
authentic self to others, openly expressing true thoughts, and feelings appropriate for the
situation.
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The company that Don owns, the Ardmore General Store, is a family-owned company that has been in business for more than 100 years. Don wants to give back to the people of the community to acknowledge their role in the store's success. He decides to donate a significant portion of the store's profits to a charity every year. Don's decision is an example of ___ in action.
A. corporate social responsibility B. corporate governance C. a code of ethics D. economic responsibility E. legal responsibility
The contribution margin ratio is:
A) the same as the variable cost ratio B) the same as profit C) the portion of equity contributed by the stockholders D) the same as the profit-volume ratio
A male friend has asked for advice on how he should dress to give a presentation at a local business organization's annual awards banquet to be held in a downtown hotel. Which of the following would be your BEST suggestion?
a. Dress professionally, as much for yourself as for your audience. b. Anything that is clean and neat would be appropriate; your appearance will not be important to the audience. c. It is better to underdress than to overdress, so that you don't alienate yourself from your audience. d. Business casual wear would be appropriate, since the event is being held after work hours.
Which scholar described how people think about moral issues in terms of stages of development?
A. Heifetz B. Kohlberg C. Plato D. Crain