BA 342 3 Practice Exam A+ Amoral
Questions and Answers Verified Solutions
Latest Update 2026/2027
Question:
"What should be the respective roles of business and government in our socioeconomic system?"--
There is a clash of beliefs in the United States about what the role of government should be in
society.-- Two opposing views:* Government should do more - Government beliefs (collectivist
ethic of government)* Government should do less - Business beliefs (individualistic ethic of
business)-- Between these two viewpoints, the
country is almost evenly split.* 49%- The government is doing too much* 45%- The government is
doing too little* 6% - The government is just the right size2. Business Beliefs-- Individualistic--
Maximum concession to self-interest-- Minimizing the load of obligations society imposes on the
individual (personal freedom)Emphasizes inequalities of individuals3. Government beliefs--
Collectivist ethic-- Subordination of individual goals and self-interest to group and group interests--
Maximizing the obligations assumed by the individual and discouraging self-interest-- Emphasized
equality of individuals4. Government interaction with business-- Three main groups of interction
that affect each other:* Government* Business* Public-- Government affects business.*
Regulations and persuasion-- Government affects public* Politics* Influence-- Business affects
government* Lobbying-- Business affects public* Ads* Public relations-- Public affects business*
Interests in products* Protests* Not buying products-- Public affects government* Politics*
Voting* INterests
■Sustainability and Smeal Majors - Accounting.
Answer:
1. The Prince's Accounting for Sustainability Project-- Started by
the Prince of Wales-- Aim is to develop an accounting method for valuing (pricing) the Planet--
The planet is undervalued2. Integrated international reporting-- Must be forward looking-- New
mindset and model for accounting3. Sustainability auditing
■Cultural Relativism.
Answer:
do what is the norm where you are at
■John Q (Movie).
,Answer:
Example of an ethical extremeDenzel WashingtonSon is dying and dad wants to kill himself to give
his heart to his son
■John Elkington.
Answer:
Creator of triple bottom line. Chairman of Volans. Volans is a company that helps leading
businesses prepare for the business of the future.
* Professor at Cranfield School of Management and founder of
sustainability. **** Term first appeared in his 1997 book Cannibals with
forks: The triple bottom line of 21st century Business.
■Civil rights of the 1950's and 1960's.
Answer:
-- Unequal opportunities existed long before the 50s and 60s; however, it was during this time that
minorities had the courage to stand up for their rights.-- Rosa Parks - Arrested in 1955 for refusing
to move to the back of the bus-- Dr. Martin Luther King, Jr. - Bus boycott and "I have a dream"
speech
■Contemporary view of diversity.
Answer:
1. The diversity progression-- Affirmative actions-- Valuing
differences-- Managing diversity2. Four levels of Contemporary Diversity-- Organizational -
outward qualities that include location, seniority, and union affiliation.-- External - Surface level
differences such as marital status or income-- Internal - Personal qualities that include gender, race,
age, and abilities-- Innermost - The ability of one's personality to make one uniqueNOTE: Both the
traditional view and contemporary view are fully engaged right now.
■Corporate Culture.
Answer:
Shapes AttitudesReinforce BeliefsDirect BehaviorSets Expectations
■Individual Process to Teach Ethics.
Answer:
1. Ethical Awareness2. Ethical Judgement3. Ethical Behavior
■"3 Qualities for Hiring" - Warren Buffet.
, Answer:
1. Integrity2. Intelligence3. Energy"If you don't have the first the
last two will kill you"
■Progress in the 1980s.
Answer:
-- Unemployment fell across the board.* Black unemployment - 19.5%-15.1%* Women
unemployment - 6.9% to 5.4%-- By 1990, nearly 80% of blacks had completed four years of high
school (63% in 1980).
■Technology.
Answer:
all the ways people inventions and discoveries to meet needs and
wants
■Sustainability and Smeal Majors - Management.
Answer:
Management1. Green to gold video-- Going Green - Doing more with less-- Sustainability will be a
huge player in management over the next several decades
■Mckinsey resource resolution. 6 different risks..
Answer:
1. energy business, finance, and consulting group2. constraints:
food, land, energy, water3. trends4. there has been a decrease in prices for solar and natural
gas/shale energy which is why the use of these renewable resources is growing annually5. our
middle/consuming class is growing so we have to think of ways to be more sustainable
■Solyndra, USPS, and Childhood Obesity.
Answer:
1. Solyndra-- Example of industrial policy-- Solyndra was a
california-based solar panel company and is a recent example of how the government can influence
business through guaranteed loans.-- The Obama administration gave Solyndra $530 million
dollars in guaranteed loans.* Shortly afterward, the company failed, and the government
(taxpayers) had to foot the bill.* An example of the government picking winners and losers2.
Questions and Answers Verified Solutions
Latest Update 2026/2027
Question:
"What should be the respective roles of business and government in our socioeconomic system?"--
There is a clash of beliefs in the United States about what the role of government should be in
society.-- Two opposing views:* Government should do more - Government beliefs (collectivist
ethic of government)* Government should do less - Business beliefs (individualistic ethic of
business)-- Between these two viewpoints, the
country is almost evenly split.* 49%- The government is doing too much* 45%- The government is
doing too little* 6% - The government is just the right size2. Business Beliefs-- Individualistic--
Maximum concession to self-interest-- Minimizing the load of obligations society imposes on the
individual (personal freedom)Emphasizes inequalities of individuals3. Government beliefs--
Collectivist ethic-- Subordination of individual goals and self-interest to group and group interests--
Maximizing the obligations assumed by the individual and discouraging self-interest-- Emphasized
equality of individuals4. Government interaction with business-- Three main groups of interction
that affect each other:* Government* Business* Public-- Government affects business.*
Regulations and persuasion-- Government affects public* Politics* Influence-- Business affects
government* Lobbying-- Business affects public* Ads* Public relations-- Public affects business*
Interests in products* Protests* Not buying products-- Public affects government* Politics*
Voting* INterests
■Sustainability and Smeal Majors - Accounting.
Answer:
1. The Prince's Accounting for Sustainability Project-- Started by
the Prince of Wales-- Aim is to develop an accounting method for valuing (pricing) the Planet--
The planet is undervalued2. Integrated international reporting-- Must be forward looking-- New
mindset and model for accounting3. Sustainability auditing
■Cultural Relativism.
Answer:
do what is the norm where you are at
■John Q (Movie).
,Answer:
Example of an ethical extremeDenzel WashingtonSon is dying and dad wants to kill himself to give
his heart to his son
■John Elkington.
Answer:
Creator of triple bottom line. Chairman of Volans. Volans is a company that helps leading
businesses prepare for the business of the future.
* Professor at Cranfield School of Management and founder of
sustainability. **** Term first appeared in his 1997 book Cannibals with
forks: The triple bottom line of 21st century Business.
■Civil rights of the 1950's and 1960's.
Answer:
-- Unequal opportunities existed long before the 50s and 60s; however, it was during this time that
minorities had the courage to stand up for their rights.-- Rosa Parks - Arrested in 1955 for refusing
to move to the back of the bus-- Dr. Martin Luther King, Jr. - Bus boycott and "I have a dream"
speech
■Contemporary view of diversity.
Answer:
1. The diversity progression-- Affirmative actions-- Valuing
differences-- Managing diversity2. Four levels of Contemporary Diversity-- Organizational -
outward qualities that include location, seniority, and union affiliation.-- External - Surface level
differences such as marital status or income-- Internal - Personal qualities that include gender, race,
age, and abilities-- Innermost - The ability of one's personality to make one uniqueNOTE: Both the
traditional view and contemporary view are fully engaged right now.
■Corporate Culture.
Answer:
Shapes AttitudesReinforce BeliefsDirect BehaviorSets Expectations
■Individual Process to Teach Ethics.
Answer:
1. Ethical Awareness2. Ethical Judgement3. Ethical Behavior
■"3 Qualities for Hiring" - Warren Buffet.
, Answer:
1. Integrity2. Intelligence3. Energy"If you don't have the first the
last two will kill you"
■Progress in the 1980s.
Answer:
-- Unemployment fell across the board.* Black unemployment - 19.5%-15.1%* Women
unemployment - 6.9% to 5.4%-- By 1990, nearly 80% of blacks had completed four years of high
school (63% in 1980).
■Technology.
Answer:
all the ways people inventions and discoveries to meet needs and
wants
■Sustainability and Smeal Majors - Management.
Answer:
Management1. Green to gold video-- Going Green - Doing more with less-- Sustainability will be a
huge player in management over the next several decades
■Mckinsey resource resolution. 6 different risks..
Answer:
1. energy business, finance, and consulting group2. constraints:
food, land, energy, water3. trends4. there has been a decrease in prices for solar and natural
gas/shale energy which is why the use of these renewable resources is growing annually5. our
middle/consuming class is growing so we have to think of ways to be more sustainable
■Solyndra, USPS, and Childhood Obesity.
Answer:
1. Solyndra-- Example of industrial policy-- Solyndra was a
california-based solar panel company and is a recent example of how the government can influence
business through guaranteed loans.-- The Obama administration gave Solyndra $530 million
dollars in guaranteed loans.* Shortly afterward, the company failed, and the government
(taxpayers) had to foot the bill.* An example of the government picking winners and losers2.
