Finance and Banking I, sem II

Topics for Discussion, Oral Exam

1. The function of leadership is to produce more leaders, not more followers.

2. Business people who travel to other countries have to permanently apply the
‘When in Rome, do as the Romans do’ rule.

3. “A business that makes nothing but money is a poor business.” (Henry Ford)

4. People are motivated by anxiety about their security.

5. Companies often succeed because their employees can identify, embrace, and act
on the values of the organization.

6. Cultural differences are, without a doubt, the biggest difficulty in international

meetings.

7. E-mail has become an essential management tool for tasks that have traditionally
been done face-to-face.

8. International teams have the potential to be more effective than mono-cultural

teams, and a cost-effective way of creating an international team is to work
virtually.

9. It is better to work for the same company throughout your whole life than to
switch jobs.

10. “Travel makes a wise man better, and a fool worse.” (Thomas Fuller)

11. “Company cultures are like country cultures. Never try to change one. Try,
instead, to work with what you've got.” (Peter Drucker)
12. “Your most unhappy customers are your greatest source of learning.” (Bill
Gates)

13. The most widespread revolution in the workplace will come from the rise in
collaboration and the decline in hierarchy.

14. Business trips are nothing but a waste of time and money.

15. A good idea and a dream is all that it takes in order to be a successful
entrepreneur.

16. “In looking for people to hire, you look for three qualities: integrity, intelligence,
and energy. And, if they don't have the first, the other two will kill you.” – Warren
Buffett

17. Each company’s travel policy should be regulated by its financial situation.

18. “The clichés of a culture sometimes tell the deepest truths.” (Faith Popcorn)

19. As companies downsize by eliminating managers and combining many functions

in one, business schools should start to cross departmental lines when teaching
management.

20. “A company's culture is often buried so deeply inside rituals, assumptions,

attitudes, and values that it becomes transparent to an organization's members only
when, for some reason, it changes.” (Rob Goffee)

21. People are the most important resource a business has.

22. “Clothes don't make the man—but they go a long way towards making a
businessman.” (Thomas J. Watson)

23. There is no such thing as business ethics.

24. A strong corporate culture leads to better performance and profitability.

25. International leaders have to learn to deal with uncertainty, complexity,

paradoxes and diversity.

26. “No man should travel until he has learned the language of the country he visits.
Otherwise he voluntarily makes himself a great baby - so helpless and so
ridiculous.” (Ralph Waldo Emerson)

27. “Real commitment is rare in today's organization...90 percent of the time what
passes for commitment is compliance.” (Peter Senge)

28. “A business that makes nothing but money is a poor business.” (Warren Buffett)