BUSI 310 Karen’s’ Post- Reply 1 Ethics in Leadership:  According to our text, “ethics are the values, morals, and basic principles that an individual uses to decide between right and wrong”, and more importantly, exhibiting high moral principles when no one is looking (Satterlee, 2012, p. 112).  Especially important is the moral character of a good leader which is evident not just on the job, but in everything he or she sets out to do.  When a person lives by a code of ethics, it is evident in that person’s behavior and actions and their superiors, co-workers, employees, family, and even with their interactions with a total stranger.  You cannot hide who you truly are.      On a weekly basis we hear reports of government officials, corporation heads, and business men being charged with crimes associated with embezzlement, bribes, and kickbacks.  Just this week, the ex-mayor of New Orleans, Ray Nagin, received a ten year prison sentence for accepting bribes and kickbacks from contractors who were hired to rebuild the hurricane ravaged area of Louisiana.  “Prosecutors argued the 57-year-old Nagin was the center of a kickback scheme in which he received checks, cash, wire transfers, personal services and free travel from businessmen seeking contracts and favorable treatment from the city” (Smith & Hackney, 2014).  A city and its people who had suffered such a tragedy and loss of life, already beaten down from the hurricane, were being run by an individual who did not have their best interest at heart.        Individuals in a leadership role represent a position of trust and integrity both to the owners of the company as well as the employees who work for that company.  A violation of trust can destroy a company’s reputation as well as its worth in the eyes of the public and its stockholders.  The Enron scandal is another example of poor leadership and management, and a total lack of ethical moral character of those in leadership.  Employees lost millions of dollars in retirement, and were forced to sale their homes and exhaust their savings to survive the loss suffered when the truth was exposed of the mismanagement of Enron.       The moral failures of successful and once ethical-minded leaders have sometimes been referred to as the ‘Bathsheba syndrome’ (Ciulla, 2004).   King David’s desire to cover-up his sin with Bathsheba, caused him to put Uriah in harms-way by ordering him to the front line of battle, which gets Uriah killed.  History has continued to repeat itself with scandals ranging from Watergate to President Clinton and Monica Lewinsky, all following the general pattern of this story.  Because those in power have unlimited access to whatever their hearts desire, leaders have more opportunities to indulge themselves, which requires them to resist even more temptation to make wrong choices and decisions.        Our text references different scriptures that speak to the foundation of a person of good moral character and of ethical mor ...

1. BUSI 310
Karen’s’ Post- Reply 1
Ethics in Leadership: According to our text, “ethics are the
values, morals, and basic principles that an individual uses to
decide between right and wrong”, and more importantly,
exhibiting high moral principles when no one is looking
(Satterlee, 2012, p. 112). Especially important is the moral
character of a good leader which is evident not just on the job,
but in everything he or she sets out to do. When a person lives
by a code of ethics, it is evident in that person’s behavior and
actions and their superiors, co-workers, employees, family, and
even with their interactions with a total stranger. You cannot
hide who you truly are.
On a weekly basis we hear reports of government officials,
corporation heads, and business men being charged with crimes
associated with embezzlement, bribes, and kickbacks. Just this
week, the ex-mayor of New Orleans, Ray Nagin, received a ten
year prison sentence for accepting bribes and kickbacks from
contractors who were hired to rebuild the hurricane ravaged
area of Louisiana. “Prosecutors argued the 57-year-old Nagin
was the center of a kickback scheme in which he received
checks, cash, wire transfers, personal services and free travel
from businessmen seeking contracts and favorable treatment
from the city” (Smith & Hackney, 2014). A city and its people
who had suffered such a tragedy and loss of life, already beaten
down from the hurricane, were being run by an individual who
did not have their best interest at heart.
Individuals in a leadership role represent a position of trust
and integrity both to the owners of the company as well as the
employees who work for that company. A violation of trust can
destroy a company’s reputation as well as its worth in the eyes
of the public and its stockholders. The Enron scandal is another

2. example of poor leadership and management, and a total lack of
ethical moral character of those in leadership. Employees lost
millions of dollars in retirement, and were forced to sale their
homes and exhaust their savings to survive the loss suffered
when the truth was exposed of the mismanagement of Enron.
The moral failures of successful and once ethical-minded
leaders have sometimes been referred to as the ‘Bathsheba
syndrome’ (Ciulla, 2004). King David’s desire to cover-up his
sin with Bathsheba, caused him to put Uriah in harms-way by
ordering him to the front line of battle, which gets Uriah killed.
History has continued to repeat itself with scandals ranging
from Watergate to President Clinton and Monica Lewinsky, all
following the general pattern of this story. Because those in
power have unlimited access to whatever their hearts desire,
leaders have more opportunities to indulge themselves, which
requires them to resist even more temptation to make wrong
choices and decisions.
Our text references different scriptures that speak to the
foundation of a person of good moral character and of ethical
moral standards, which can apply to both a leader or manager,
and the worker. I especially like the one found in Proverbs 6:6-
8, “Go to the ant, you sluggard; consider its ways and be wise.
It has no commander, no overseer or ruler, yet it stores its
provisions in summer and gathers its food at harvest.” First, we
must love the Lord with everything that is within us.
Deuteronomy 6:5 (NIV), “Love the Lord your God with all your
heart and with all your soul and with all your strength.” Your
Christian walk should represent your love of Christ as well as
your actions towards each other. Being found faithful in your
word, and respectful of each other, represents your moral
character.
References:
Ciulla, J.B. (2004). Ethics and leadership effectiveness. The
nature of leadership, p. 302 –
327.
Satterlee, A. (2012). Organizational management and

3. leadership. Roanoke, VA: Synergistics,
Inc.
Smith, M. & Hackney, D. (2014, February 14). Ex-New Orleans
Mayor Ray Nagin guilty after
courtroom ‘belly flop’. Retrieved from:
http://www.cnn.com/2014/02/12/justice/louisiana-nagin-
convicted.
Lille’s Post Reply 2
RE: Rules
Definition: “Management”. Outline the steps that employees are
to take in performing their jobs.
Satterlee, Anita (2013, 2009) Organizational Management and
Leadership: A Christian Perspective (2nd Ed). Raleigh, N C
27615 Synergistic International Inc.
Summary:
Anita Satterlee is a full professor of Business
Administration at Liberty University. In her book she
introduced her readers to organizational Management and
leadership. She gave definitions to the key- terms so that the
readers will fully understand why managers are important. Anita
Satterlee concluded her chapter by giving her readers key terms
and a look at business in a Christian Perspective. I found that
the key terms are really helpful with my learning abilities.
Discussion: Rules are detrimental in the business field. In order
for any organization to operate effectively and consistently,

4. there must be rules applicable. The three most important rules
to remember in any organization is to always meet and exceed
customers’ expectations. Meeting and exceeding customer
expectations is the most important but often overlooked rule of
business. The only way a company stays in business is if the
customer is satisfied with its product or service. This generates
profit, builds long-term stability, and meets the challenge of
competitors. Meeting expectations should be considered the
baseline for company performance. Exceeding expectations
should be the ultimate goal.
Working to build long term profitability and increased
long- term value of the business is a important rule to
remember also. The owners and managers of a business must
maintain their focus on creating sustainable long-term
profitability and value. Short-term tactics must be subordinated
to the long-term strategies that reinforce healthy profitability.
Unfortunately, many executives and companies sacrifice
resources, employee morale, customer satisfaction, product or
service quality, and future competitive strategies through
excessive preoccupation with short-term profitability.
The last rule in an organization or franchise is to always
treat your employees the same way you expect them to treat
your best customers. Employees play the most critical part in
the long-term success and survivability of a company. It is
essential that management only hire and promote the best
people, continually treat them with the respect, care, and
concern shown to their best customers, and ethically rewards
them according to the proportional value and contributions
these employees bring to the table.
Rules are a value of life that every person should obtain at
some point of their lifespan. Without rules to follow this world
will be full of chaos, and there will be no organizations, nor
procedures to follow.” Let every person be subject to the
governing authorities. For there is no authority except from
God, and those that exist have been instituted by God.”
(Romans 13:1).

5. References:
Satterlee, Anita (2013, 2009) Organizational Management and
Leaderships: A Christian Perspective (2ndEd). Raleigh, N C
27615 Synergistic International Inc.
The Promise Bible
Alexandria Reply Post 3
Key Roles Of A Team
There are those who call putting a group of people together and
telling them to work on a certain task a team. A team is much
more than that. A team is “…a congregation of individuals,
each of whom has a role which is understood by other members
(Belbin, 2014).” Each person in a team needs to not only
coexist together, but they need to also fit together like puzzle
pieces. Every individual within a team needs to find the role
that best fits them.
According to Belbin, there are nine roles that each person
in a team fits into. One of the roles is called the plant. The
plant is the person who has been placed in the group as
supporters. They are not very strong leaders, but they tend to
more creative and are able to “think outside the box” (Belbin,
2014). The next role is the monitor evaluator. This person is
the team member that is able to view all of the team’s decisions
in an impartial way. They are able to keep the team focused
and to make sure the team stays on track. The coordinator
focuses on the tasks that the team has been assigned and they
give the other members their specific job (Belbin, 2014). The
resource investigator is like a spy in some ways. They try to
gather information on what ideas other teams are discussing and
making sure that their team’s ideas will be well received.
There are other roles within a team such as the
implementer, completer finisher, team worker, shaper and
specialist. These roles are very important aspects of the team as

6. well. The implementer is able to strategize and make sure the
team’s plans are carried out in the most efficient way possible
(Belbin, 2014). A team needs someone to act as the completer
finisher to make sure the presentation is flawless and to add the
finishing touches to the project. Team workers and shapers
have similar roles. Their jobs are to keep the “hive” going and
to motivate everyone on continuing the tasks. The final role,
the specialist, is the key member who has the most knowledge
about the task that the team is attempting to complete.
All of these personalities and different roles have to be
cohesive in order for the team to be successful. Perhaps, the
best example of a successful team is Jesus Christ and His
disciples. Jesus was able to put twelve men together in a team
to accomplish the goal of spreading the Gospel and letting
people know who Jesus is and how He can save them. Each
disciple had their own role to play in making sure the goal is
accomplished and everywhere they went they expanded the
group by creating more disciples. More and more people
followed Christ and their mission has been extended to us
today.
As modern day followers of Christ we still carry task of
the original disciples to “[g]o into all the world and preach the
gospel to all creation (Mark 16:15).” We all work together as a
team to share our testimony and turn others to Christ. It has
been proven that every drop of knowledge that has been
discovered in the world has originated from the Word of God
and the subject of teams is no different. Romans 12:4-5 gives
us the true definition of a team “[f]or just as each of us has one
body with many members, and these member do not all have the
same function, so in Christ we, though many, form one body,
and each member belongs to all the others.”
Reference
Belbin, R.M.(2014).Belbin team roles.Retrieved from:
http://www.belbin.com/rte.asp?id=8

7. FIN 534 – Homework Set #1
Use the following information for Questions 1 through 8:
Assume that you recently graduated and have just reported to
work as an investment advisor at the one
of the firms on Wall Street. You have been presented and asked
to review the following Income
Statement and Balance Sheets of one of the firm’s clients. Your
boss has developed the following set of
questions you must answer.
Income Statements and Balance Sheet
Balance Sheet 2012 2013
Cash $9,000 $7,282
Short-term investments 48,600 20,000
Accounts receivable 351,200 632,160
Inventories 715,200 1,287,360
Total current assets $1,124,000 $1,946,802
Gross fixed assets 491,000 1,202,950
Less: Accumulated depreciation 146,200 263,160
Net fixed assets $344,800 $939,790
Total assets $1,468,800 $2,886,592
Liabilities and Equity
Accounts payable $145,600 $324,000
Notes payable 200,000 720,000
Accruals 136,000 284,960

8. Total current liabilities $481,600 $1,328,960
Long-term debt 323,432 1,000,000
Common stock (100,000
shares)
460,000 460,000
Retained earnings 203,768 97,632
Total equity $663,768 $557,632
Total liabilities and equity $1,468,800 $2,886,592
Income Statements 2012 2013
Sales $3,432,000 $5,834,400
Cost of goods sold except depr. 2,864,000 4,980,000
Depreciation and amortization 18,900 116,960
Other expenses 340,000 720,000
Total operating costs $3,222,900 $5,816,960
EBIT $209,100 $17,440
Interest expense 62,500 176,000
EBT $146,600 ($158,560)
Taxes (40%) 58,640 -63,424
Net income $87,960 ($95,136)
Other Data 2012 2013
Stock price $8.50 $6.00
Shares outstanding 100,000 100,000
EPS $0.88 ($0.95)
DPS $0.22 0.11
Tax rate 40% 40%
Book value per share $6.64 $5.58
Lease payments $40,000 $40,000
Ratio Analysis 2012 2013

9. Current 2.3 1.5
Quick 0.8 0.5
Inventory turnover 4 4
Days sales outstanding 37.3 39.6
Fixed assets turnover 10 6.2
Total assets turnover 2.3 2
Debt ratio 35.60% 59.60%
Liabilities-to-assets ratio 54.80% 80.70%
TIE 3.3 0.1
EBITDA coverage 2.6 0.8
Profit margin 2.60% −1.6%
Basic earning power 14.20% 0.60%
ROA 6.00% −3.3%
ROE 13.30% −17.1%
Price/Earnings (P/E) 9.7 −6.3
Price/Cash flow 8 27.5
Market/Book 1.3 1.1
1. What is the free cash flow for 2013?
2. Suppose Congress changed the tax laws so that Berndt’s
depreciation expenses doubled. No
changes in operations occurred. What would happen to reported
profit and to net cash flow?
3. Calculate the 2013 current and quick ratios based on the
projected balance sheet and income
statement data. What can you say about the company’s liquidity
position in 2013?
4. Calculate the 2013 inventory turnover, days sales outstanding
(DSO), fixed assets turnover, and
total assets turnover.
5. Calculate the 2013 debt ratio, liabilities-to-assets ratio,

10. times-interest-earned, and EBITDA
coverage ratios. What can you conclude from these ratios?
6. Calculate the 2013 profit margin, basic earning power (BEP),
return on assets (ROA), and return
on equity (ROE). What can you say about these ratios?
7. Calculate the 2013 price / earnings ratio, price / cash flow
ratio, and market / book ratio.
8. Use the extended DuPont equation to provide a summary and
overview of company’s financial
condition as projected for 2013. What are the firm’s major
strengths and weaknesses?