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BA 300 (Austin)- Final Questions and
Answers Latest 2026
Armand Lauren is CEO of sequa Corporation an industrial
company acquired by the carlyle group. In a feburary 2,
2012 essay in the Wall Street Journal, Mr Lauzon wrote
"Private equity firms exist for.....potential for growth"
Equity firms and those appointed to run the companies
that private-equity firms acquire have : Ans: a strong
shareholder orientation
Mr henry potter the richest man in bedford falls is the
principle shareholder in Bailey Savings & loan and the
banks board of trustees. He dismisses peter bailey's
restraint toward customers who fall behind in their loan
as "sentimental hogwash". Mr. Potters business
philosophy is most consistent with: Ans: Objectivism and
shareholder orientation
In recent Businessweek article, one scholar wrote: "When
people judge their chances of experiencing a good
outcome -- getting a great job or financial security -- they
estimate their odds to be higher than average. What
concept matches that description? Ans: c. the illusion of
optimism
Which of the following statements about advertising
ethics is not true according to the video and reading
"Ethics in Advertising"? Ans: b. Because advertising is
morally neutral, and because truth is always a matter of
© 2025 All rights reserved
, 2 | Page
opinion, it is impossible to identify any limits on
distortion
According to the text, a businessperson operating under
the illusion of control believes he can control events
more than he really can and therefore: Ans: d. Is likely to
underestimate the risk facing his company from a
particular decision.
In a February 2, 2012 Wall Street Journal, Forbs columnist
Rich Karlgaar offered a vigorous ethical defense of
Apple's use of factories run by a company named
Foxconn in Shenzhen, China to make certain Apple
products, including the iPad.Apple use of Foxconn
employees to manufacture Apple products is: Ans:
Consistent with ISCT, assuming the inspection by the
independent labor group confirms that Foxconn's
treatment of a workers in China offends no broadly held
held ethical norms.
On November 4, 2013 the Department of Justice Office of
Public Affairs issued a press release stating that Johnson
and Johnson and its subsidiaries agreed to pay more than
$2.2 billion in criminal and civil liability for making off-
label was the result of multiple lawsuits filed under the
________________ provision _________________, which
allows prove citizens to bring action on behalf of the
government and to share in any recovery. Ans: c. Qui
tam; False Claims Act
Carl, a junior executive, has worked for 10 years at a
major tech company. He lives in accordance with
Nozcick's Rights Theory. As he pursues his next
© 2025 All rights reserved
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promotion, which of the following behaviors will he
consider to be ethical? Ans: e. all the above
Calicorp, a California, has decided to fire Michael, a fat
hairy Muslim employee that is in ISIS. Several employees
have complained to the chief executive officer that, now
that Osama Bin Laden has been killed they feel that it
would be un-American to continue to employee a Muslim
out of fear that he will seek revenge for Bin Laden's
death. If Calicorp fired Michael because they believes his
religion makes it more likely he will seek revenge for the
death of Osama Bin laden: Ans: b. Calicorp will be liable
if the heart of the reason the Company is firing Michael is
because of his religion
A recent survey of 1000 Wall Street analysts found that
two-thirds of them had accepted various favors from
companies they follow and on which they offer guidance
to potential investors. The analysts who denied they
could be influenced to give special treatment to
companies who gave them favors may be suffering under
the distorting effect of: Ans: a. the illusion of superiority
According to the textbook, why does the Foreign Corrupt
Practices Act make it illegal for companies and their
employees t make payments or give rewards to a foreign
government or other high-rank official? Ans: e. Money
paid to influence officials to make favorable decisions
they would otherwise make disrupts the free market
system.
According to the text, the federal organizational
sentencing guidelines use a "carrot and stick" to
© 2025 All rights reserved
, 4 | Page
encourage corporations to comply with the federal legal
mandates including laws prohibiting fraud. The "carrot"
of the guidelines: Ans: a. Calls for decreases in the level
of potential punishment for companies that establish
strong internal controls to detect and root our illegal
behavior.
Destructive Development, Inc, is trying to get an
ordinance passed by the City Council that will favor their
business. Nothing is written down and the company
actually has no intention of following through with the
promise. This is: Ans: b.An attempted bribe, because a
promise of something of value in this context has the
same effect as if something has actually been received.
According to the text, under the 2002 Sarbanes Oxley law
legislating corporate governance and accounting reform:
Ans: e. all the above
Utilitarianism is: Ans: a. Consistent with a stakeholder
Charles G. Koch, chairman and CEO of Koch Industries - a
company estimated to be worth $100 billion - released a
book this month, called Good Profit. On page 7 of the
book, Koch talks about his company's opposition to
government subsidies, "such as special tax breaks, import
tariffs, restrictions on exports, mandates, anticompetitive
regulations, and bailouts - including those that would
sermon the surface to be beneficial to us.".......... Koch's
opposition to corporate welfare is most aligned with:
Ans: B, Nozick's rights theory
© 2025 All rights reserved
BA 300 (Austin)- Final Questions and
Answers Latest 2026
Armand Lauren is CEO of sequa Corporation an industrial
company acquired by the carlyle group. In a feburary 2,
2012 essay in the Wall Street Journal, Mr Lauzon wrote
"Private equity firms exist for.....potential for growth"
Equity firms and those appointed to run the companies
that private-equity firms acquire have : Ans: a strong
shareholder orientation
Mr henry potter the richest man in bedford falls is the
principle shareholder in Bailey Savings & loan and the
banks board of trustees. He dismisses peter bailey's
restraint toward customers who fall behind in their loan
as "sentimental hogwash". Mr. Potters business
philosophy is most consistent with: Ans: Objectivism and
shareholder orientation
In recent Businessweek article, one scholar wrote: "When
people judge their chances of experiencing a good
outcome -- getting a great job or financial security -- they
estimate their odds to be higher than average. What
concept matches that description? Ans: c. the illusion of
optimism
Which of the following statements about advertising
ethics is not true according to the video and reading
"Ethics in Advertising"? Ans: b. Because advertising is
morally neutral, and because truth is always a matter of
© 2025 All rights reserved
, 2 | Page
opinion, it is impossible to identify any limits on
distortion
According to the text, a businessperson operating under
the illusion of control believes he can control events
more than he really can and therefore: Ans: d. Is likely to
underestimate the risk facing his company from a
particular decision.
In a February 2, 2012 Wall Street Journal, Forbs columnist
Rich Karlgaar offered a vigorous ethical defense of
Apple's use of factories run by a company named
Foxconn in Shenzhen, China to make certain Apple
products, including the iPad.Apple use of Foxconn
employees to manufacture Apple products is: Ans:
Consistent with ISCT, assuming the inspection by the
independent labor group confirms that Foxconn's
treatment of a workers in China offends no broadly held
held ethical norms.
On November 4, 2013 the Department of Justice Office of
Public Affairs issued a press release stating that Johnson
and Johnson and its subsidiaries agreed to pay more than
$2.2 billion in criminal and civil liability for making off-
label was the result of multiple lawsuits filed under the
________________ provision _________________, which
allows prove citizens to bring action on behalf of the
government and to share in any recovery. Ans: c. Qui
tam; False Claims Act
Carl, a junior executive, has worked for 10 years at a
major tech company. He lives in accordance with
Nozcick's Rights Theory. As he pursues his next
© 2025 All rights reserved
, 3 | Page
promotion, which of the following behaviors will he
consider to be ethical? Ans: e. all the above
Calicorp, a California, has decided to fire Michael, a fat
hairy Muslim employee that is in ISIS. Several employees
have complained to the chief executive officer that, now
that Osama Bin Laden has been killed they feel that it
would be un-American to continue to employee a Muslim
out of fear that he will seek revenge for Bin Laden's
death. If Calicorp fired Michael because they believes his
religion makes it more likely he will seek revenge for the
death of Osama Bin laden: Ans: b. Calicorp will be liable
if the heart of the reason the Company is firing Michael is
because of his religion
A recent survey of 1000 Wall Street analysts found that
two-thirds of them had accepted various favors from
companies they follow and on which they offer guidance
to potential investors. The analysts who denied they
could be influenced to give special treatment to
companies who gave them favors may be suffering under
the distorting effect of: Ans: a. the illusion of superiority
According to the textbook, why does the Foreign Corrupt
Practices Act make it illegal for companies and their
employees t make payments or give rewards to a foreign
government or other high-rank official? Ans: e. Money
paid to influence officials to make favorable decisions
they would otherwise make disrupts the free market
system.
According to the text, the federal organizational
sentencing guidelines use a "carrot and stick" to
© 2025 All rights reserved
, 4 | Page
encourage corporations to comply with the federal legal
mandates including laws prohibiting fraud. The "carrot"
of the guidelines: Ans: a. Calls for decreases in the level
of potential punishment for companies that establish
strong internal controls to detect and root our illegal
behavior.
Destructive Development, Inc, is trying to get an
ordinance passed by the City Council that will favor their
business. Nothing is written down and the company
actually has no intention of following through with the
promise. This is: Ans: b.An attempted bribe, because a
promise of something of value in this context has the
same effect as if something has actually been received.
According to the text, under the 2002 Sarbanes Oxley law
legislating corporate governance and accounting reform:
Ans: e. all the above
Utilitarianism is: Ans: a. Consistent with a stakeholder
Charles G. Koch, chairman and CEO of Koch Industries - a
company estimated to be worth $100 billion - released a
book this month, called Good Profit. On page 7 of the
book, Koch talks about his company's opposition to
government subsidies, "such as special tax breaks, import
tariffs, restrictions on exports, mandates, anticompetitive
regulations, and bailouts - including those that would
sermon the surface to be beneficial to us.".......... Koch's
opposition to corporate welfare is most aligned with:
Ans: B, Nozick's rights theory
© 2025 All rights reserved
