Forsyth BA 200 Exam 1 – University of Southern
Mississippi – 2026 – Study Guide and Practice Material
What is ethics? - correct answer ✔✔ normative standards, generally accepted rules of conduct
that govern society
How to evaluate ethical dilemmas? - correct answer ✔✔ Make sure you grasp all the facts,
analyze both sides of the dilemma, evaluate resolutions, make recommendations for solving the
dilemma.
Blanchard and Peale - correct answer ✔✔ Is it legal and balanced? How does it make me feel?
Front Page of Newspaper Test - correct answer ✔✔ How would the story be reported?
Objective and informed reporter's view.
If something is illegal it is also... - correct answer ✔✔ unethical
Laura Nash and Perspective - correct answer ✔✔ How would I view the problem on the other
side? Am I able to discuss decisions with friends and family? What am I trying to accomplish?
Will I feel comfortable with my decision in the long run?
Wall Street Journal Model - correct answer ✔✔ Compliance (legal?), contribution,
consequences (effects of decision)
Inherence - correct answer ✔✔ Serve shareholders (Friedman view)
, Enlightened Self-Interest - correct answer ✔✔ Manage responsible to shareholders first, but
serves best by being responsible to larger society. Business value is enhanced for being
responsive to society needs.
Invisible Hand - correct answer ✔✔ Best for society to guide itself
Social Responsibility School - correct answer ✔✔ Manager serve larger society, involved in
political and social issues, encourage mangers to be involved
Unethical behavior makes profits... - correct answer ✔✔ Decrease
Trial Courts - correct answer ✔✔ Place where case begins, jury hears case and makes decisions,
single judge presides over case
Appellate Courts - correct answer ✔✔ review actions of trial court, no trial, panel of judges hear
case
Judicial review (Appellate) - correct answer ✔✔ determine if error was made, transcript and
evidence reviewed, parties submit written summaries of evidence and issues
En banc - correct answer ✔✔ full bench hears case
Reversible error - correct answer ✔✔ error that might have affected the outcome
Affirm - correct answer ✔✔ no reversible error and decision stands
Reverse - correct answer ✔✔ reversible error, decision reversed
Mississippi – 2026 – Study Guide and Practice Material
What is ethics? - correct answer ✔✔ normative standards, generally accepted rules of conduct
that govern society
How to evaluate ethical dilemmas? - correct answer ✔✔ Make sure you grasp all the facts,
analyze both sides of the dilemma, evaluate resolutions, make recommendations for solving the
dilemma.
Blanchard and Peale - correct answer ✔✔ Is it legal and balanced? How does it make me feel?
Front Page of Newspaper Test - correct answer ✔✔ How would the story be reported?
Objective and informed reporter's view.
If something is illegal it is also... - correct answer ✔✔ unethical
Laura Nash and Perspective - correct answer ✔✔ How would I view the problem on the other
side? Am I able to discuss decisions with friends and family? What am I trying to accomplish?
Will I feel comfortable with my decision in the long run?
Wall Street Journal Model - correct answer ✔✔ Compliance (legal?), contribution,
consequences (effects of decision)
Inherence - correct answer ✔✔ Serve shareholders (Friedman view)
, Enlightened Self-Interest - correct answer ✔✔ Manage responsible to shareholders first, but
serves best by being responsible to larger society. Business value is enhanced for being
responsive to society needs.
Invisible Hand - correct answer ✔✔ Best for society to guide itself
Social Responsibility School - correct answer ✔✔ Manager serve larger society, involved in
political and social issues, encourage mangers to be involved
Unethical behavior makes profits... - correct answer ✔✔ Decrease
Trial Courts - correct answer ✔✔ Place where case begins, jury hears case and makes decisions,
single judge presides over case
Appellate Courts - correct answer ✔✔ review actions of trial court, no trial, panel of judges hear
case
Judicial review (Appellate) - correct answer ✔✔ determine if error was made, transcript and
evidence reviewed, parties submit written summaries of evidence and issues
En banc - correct answer ✔✔ full bench hears case
Reversible error - correct answer ✔✔ error that might have affected the outcome
Affirm - correct answer ✔✔ no reversible error and decision stands
Reverse - correct answer ✔✔ reversible error, decision reversed
