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BA 300 Practice mini final Exam Questions and Answers 100% Pass
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BA 300 Practice mini final Exam Questions and Answers 100% Pass c. Nozick's Rights Theory --> (Business is contractual, there is freedom from force and fraud for both parties [no one is obligated to pay money for mortgages] even if behind the scenes the company is acting on insider informat...

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  • January 8, 2025
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  • 2024/2025
  • Exam (elaborations)
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  • ba 300 practice mini final exam questions and answ

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BA 300 Practice mini final Exam
Questions and Answers 100% Pass

c. Nozick's Rights Theory




--> (Business is contractual, there is freedom from force and fraud for both parties [no

one is obligated to pay money for mortgages] even if behind the scenes the company is

acting on insider information.) - ✔✔Goldman Sachs CEO Lloyd Blankfein publicly

justified the firm selling bundles of troubled mortgages to its clients at the same time it

bet the firm's own money that the value of those mortgages would fall by saying that

Goldman's *clients knew what they were buying*. Goldman, he said, was *simply

offering its clients a service*. Mr. Blankfein's response reflects an attitude that is most

consistent with:




a. Virtue Ethics


b. Sound principles of organizational behavior.




Emily Charlene © All Rights Reserved 2025. 1

,c. Nozick's Rights Theory


d. Rawl's Theory of Justice


e. The Ethics of Care


Virtue Ethics




--> (Virtue Ethics at its core is a belief that you should act to be the most self-righteous

you can be, and to always do what is right in the big picture. Meritocracy, the basis of

judging people based on ability/achievement is fundamental to this philosophy.) -

✔✔On March 14, 2012, Greg Smith, a former Vice President of investment giant

Goldman Sachs, published an essay in the New York Times explaining why he was

resigning from the firm. He had joined Goldman 12 years before right out of college, but

he said he was leaving because he had come to believe that Goldman had developed a

culture of putting quick profits for the firm ahead of the interests of the firm's clients.

Smith wrote: *"My proudest moments in life . . . have all come through hard work*,

with no shortcuts. Goldman Sachs today has become *too much about shortcuts* and

*not enough about achievement*. It just doesn't feel right to me anymore." Mr. Smith's

decision was driven by:




Emily Charlene © All Rights Reserved 2025. 2

, a. Utilitarianism


b. The illusion of superiority


c. Virtue Ethics


d. Integrative Social Contracts Theory


e. A low desire for moral appropriation of self


e. Nozick's Rights Theory




--> (Nozick's Theory is largely a libertarian viewpoint about taking ownership of

yourself and being free of outside influences. A nanny state is akin to the idea of the

helicopter parent, where you are constantly watched and influenced to make choices

you may not otherwise make on your own.) - ✔✔A July 17, 2009 article in the Wall

Street Journal entitled "Drinks with a Jolt Draw New Scrutiny" discusses limits that

states are considering imposing on the marketing of caffeinated alcoholic beverages

such as Joose that are especially popular with college students. One beer distributor

complained that regulators were unfairly targeting such drinks. "*I really believe in

personal responsibility*, and I think it's ridiculous that the attorneys general have

turned it into a *nanny state*." The ethical theory that best reflects the beer distributor's

reaction to the proposed new regulations is:



Emily Charlene © All Rights Reserved 2025. 3

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