BSNS11 exam questions Flashcards
Do characteristics (of a pluralistic society) work for or against business? Explain your answer
Choosing one of the major themes for BSNS111, explain how it might influence the relationship between business and society
Explain a situation where a regulatory change has had an outcome for New Zealand society. Has this had a positive or negative outcome for society?
Consider how elements introduced in this lecture (e.g. free trade agreements or fair pay agreements) might influence the relationship between business & society.
Discuss and critique the three models proposed in relation to their similarities and differences. Are they feasible models for a post-covid19 economic rebuild?
Hint: There is no right or wrong here. However, you should consider the purpose of both the Anglo-American model of corporate governance and the rationale for the alternative models that have emerged.
Explain (using media theory) how media influences society.
Hint: draw on materials presented in the first four chapters we have read in Mindtap and discussions from the first and second week.
Identify and explain TWO theories that can be used to describe the business, government and society relationship.
Hint: remember these theories provide a lens through which we can understand and explore different perspectives.
Explain the impact of the end of government intervention in the 1980s and 1990s (often called ‘Rogernomics’).
Hint - you can compare this to a case of perfect competition and use concepts from our discussions around capitalism.
How might the change (in the 1980s and 1990s) to a neoliberal business environment influence how businesses operate and behave in local markets?
Hint - Try to answer using established models; for example, you might consider the Social Contract model.
Discuss how the Māori worldview might offer an alternative perspective to dominant economic thinking.
Hint: You will need to explicitly explain Māori worldview, beliefs, values, and principles. Consider the the type of performance emphasised by Shareholder Primacy.
Explain how the connection to the land/or perspective on human relationships can influence Māori economic development.
Hint: Consider the Stakeholder Model and the Māori worldview.
Explain how entrepreneurship, as an instrument to allow Māori and other indigenous communities to realise their potential, may need to break out of the narrow economic and cultural assumptions associated with the practice in western societies.
Hint: you will need to consider principles of entrepreneurship, risk and return, and Shareholder Primacy to make an excellent answer.
Explain how the managerial strategies and actions taken by Māori organisations may be influenced by their different logics and priorities rooted in their culture.
Hint: Consider the Stakeholder Model. You will also want to consider Shareholder Primacy to make an excellent answer. Finally, you will need to outline the Māori worldview to explain logic and priorities explicitly.
How would the manager of a Māori business generate different social outcomes than a business run to enrich shareholders?
Hint: You may need to explain the Māori worldview and Shareholder Primacy (or Agency Theory) and connect the differences to social outcomes.
What motivation is there for a Māori leader to be accountable to their collective?
Hint: Consider the Stakeholder Model and the Māori worldview.