BA 300 Final Exam Questions and
Answers Verified Solutions Latest Update
2026/2027
Question:
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:
Answer:
Objectivism and shareholder orientation
Question:
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?
Answer:
c. the illusion of optimism
Question:
Which of the following statements about advertising ethics is not true according to the video and
reading "Ethics in Advertising"?
Answer:
b. Because advertising is morally neutral, and because truth
is always a matter of opinion, it is impossible to identify any limits on distortion
Question:
According to the text, a businessperson operating under the illusion of control believes he can
control events more than he really can and therefore:
,Answer:
d. Is likely to underestimate the risk facing his company
from a particular decision.
Question:
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:
Answer:
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.
Question:
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.
Answer:
c. Qui tam; False Claims Act
Question:
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 promotion, which of the following behaviors will he consider to be ethical?
Answer:
e. all the above
Question:
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:
Answer:
b. Calicorp will be liable if the heart of the reason the
Company is firing Michael is because of his religion
Question:
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:
Answer:
a. the illusion of superiority
Question:
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?
Answer:
e. Money paid to influence officials to make favorable decisions they would otherwise make
disrupts the free market system.
Question:
According to the text, the federal organizational sentencing guidelines use a "carrot and stick" to
encourage corporations to comply with the federal legal mandates including laws prohibiting fraud.
The "carrot" of the guidelines:
Answer:
a. Calls for decreases in the level of potential punishment
for companies that establish strong internal controls to detect and root our illegal behavior.
Question:
, 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:
Answer:
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.
Question:
According to the text, under the 2002 Sarbanes Oxley law legislating corporate governance and
accounting reform:
Answer:
e. all the above
Question:
Utilitarianism is:
Answer:
a. Consistent with a stakeholder
Question:
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:
Answer:
B, Nozick's rights theory
Question:
Aeronautics giant Boeing fired two internal auditors for leaking documents and information to a
reporter regarding alleged flaws in the company's internal audit of it information technology
control systems. The company convened an employee review board and determined that the leaks
Answers Verified Solutions Latest Update
2026/2027
Question:
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:
Answer:
Objectivism and shareholder orientation
Question:
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?
Answer:
c. the illusion of optimism
Question:
Which of the following statements about advertising ethics is not true according to the video and
reading "Ethics in Advertising"?
Answer:
b. Because advertising is morally neutral, and because truth
is always a matter of opinion, it is impossible to identify any limits on distortion
Question:
According to the text, a businessperson operating under the illusion of control believes he can
control events more than he really can and therefore:
,Answer:
d. Is likely to underestimate the risk facing his company
from a particular decision.
Question:
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:
Answer:
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.
Question:
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.
Answer:
c. Qui tam; False Claims Act
Question:
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 promotion, which of the following behaviors will he consider to be ethical?
Answer:
e. all the above
Question:
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:
Answer:
b. Calicorp will be liable if the heart of the reason the
Company is firing Michael is because of his religion
Question:
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:
Answer:
a. the illusion of superiority
Question:
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?
Answer:
e. Money paid to influence officials to make favorable decisions they would otherwise make
disrupts the free market system.
Question:
According to the text, the federal organizational sentencing guidelines use a "carrot and stick" to
encourage corporations to comply with the federal legal mandates including laws prohibiting fraud.
The "carrot" of the guidelines:
Answer:
a. Calls for decreases in the level of potential punishment
for companies that establish strong internal controls to detect and root our illegal behavior.
Question:
, 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:
Answer:
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.
Question:
According to the text, under the 2002 Sarbanes Oxley law legislating corporate governance and
accounting reform:
Answer:
e. all the above
Question:
Utilitarianism is:
Answer:
a. Consistent with a stakeholder
Question:
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:
Answer:
B, Nozick's rights theory
Question:
Aeronautics giant Boeing fired two internal auditors for leaking documents and information to a
reporter regarding alleged flaws in the company's internal audit of it information technology
control systems. The company convened an employee review board and determined that the leaks
