In a Study of Inductees into the Babson University Academy

question 12

Multiple Choice

In a study of inductees into the Babson University Academy of Distinguished Entrepreneurs, the three attributes and behaviours cited as the principal reasons for entrepreneurial success are:

• A) Openness to change, personal initiative, and perseverance.
• B) Commitment, dedication, and perseverance.
• C) Positive attitude, social savvy, and intellectual intelligence.
• D) Emotional intelligence, social intelligence, mathematical intelligence.

Demonstrate knowledge of effort justification and its relation to value assessment.

Understand the definitions and examples of common ethical issues in business such as collusion, copyright infringement, and conflicts of interest.

Recognize the ethical dimensions of business decisions, including the need to evaluate actions as right or wrong.

Identify the importance of honesty, integrity, and virtue in business ethics.

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Definitions:

Situational Attribution

The process of attributing a person's behavior to external factors, circumstances, or the environment rather than to internal personality traits.

Momma's Boy

A term often used to describe a man who has a very close and dependent relationship with his mother, beyond what is considered usual.

Actor-Observer Effect

The tendency to attribute one’s own behavior primarily to situational factors and the behavior of others primarily to dispositional factors.

Football Scholarship

A financial aid award for students to attend college primarily based on their skills and potential in the sport of football, often covering tuition or other educational expenses.