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BA 300 (Austin)- Final Exam Questions and Answers (Graded A)
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BA 300 (Austin)- Final Exam Questions and Answers
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BA 300 (Austin)- Final Exam Questionsand Answers
Armand iiLauren iiis iiCEO iiof iisequa iiCorporation iian iiindustrial iicompany iiacquired iiby
iithe iicarlyle iigroup. iiIn iia iifeburary ii2, ii2012 iiessay iiin iithe iiWall iiStreet iiJournal, iiMr
iiLauzon iiwrote ii"Private iiequity iifirms iiexist iifor.....potential iifor iigrowth" iiEquity iifirms
iiand iithose iiappointed iito iirun iithe iicompanies iithat iiprivate-equity iifirms iiacquire iihave ii:
ii- iiAnswers ii-a iistrong iishareholder iiorientation
Mr iihenry iipotter iithe iirichest iiman iiin iibedford iifalls iiis iithe iiprinciple iishareholder iiin
iiBailey iiSavings ii& iiloan iiand iithe iibanks iiboard iiof iitrustees. iiHe iidismisses iipeter
iibailey's iirestraint iitoward iicustomers iiwho iifall iibehind iiin iitheir iiloan iias ii"sentimental
iihogwash". iiMr. iiPotters iibusiness iiphilosophy iiis iimost iiconsistent iiwith: ii- iiAnswers ii-
Objectivism iiand iishareholder iiorientation
In iirecent iiBusinessweek iiarticle, iione iischolar iiwrote: ii"When iipeople iijudge iitheir
iichances iiof iiexperiencing iia iigood iioutcome ii-- iigetting iia iigreat iijob iior iifinancial
iisecurity ii-- iithey iiestimate iitheir iiodds iito iibe iihigher iithan iiaverage. iiWhat iiconcept
iimatches iithat iidescription? ii- iiAnswers ii-c. iithe iiillusion iiof iioptimism
Which iiof iithe iifollowing iistatements iiabout iiadvertising iiethics iiis iinot iitrue iiaccording iito
iithe iivideo iiand iireading ii"Ethics iiin iiAdvertising"? ii- iiAnswers ii-b. iiBecause iiadvertising
iiis iimorally iineutral, iiand iibecause iitruth iiis iialways iia iimatter iiof iiopinion, iiit iiis
iiimpossible iito iiidentify iiany iilimits iion iidistortion
According iito iithe iitext, iia iibusinessperson iioperating iiunder iithe iiillusion iiof iicontrol
iibelieves iihe iican iicontrol iievents iimore iithan iihe iireally iican iiand iitherefore: ii- iiAnswers
ii-d. iiIs iilikely iito iiunderestimate iithe iirisk iifacing iihis iicompany iifrom iia iiparticular
iidecision.
In iia iiFebruary ii2, ii2012 iiWall iiStreet iiJournal, iiForbs iicolumnist iiRich iiKarlgaar iioffered
iia iivigorous iiethical iidefense iiof iiApple's iiuse iiof iifactories iirun iiby iia iicompany iinamed
iiFoxconn iiin iiShenzhen, iiChina iito iimake iicertain iiApple iiproducts, iiincluding iithe
iiiPad.Apple iiuse iiof iiFoxconn iiemployees iito iimanufacture iiApple iiproducts iiis: ii-
iiAnswers ii-Consistent iiwith iiISCT, iiassuming iithe iiinspection iiby iithe iiindependent iilabor
iigroup iiconfirms iithat iiFoxconn's iitreatment iiof iia iiworkers iiin iiChina iioffends iino iibroadly
iiheld iiheld iiethical iinorms.
On iiNovember ii4, ii2013 iithe iiDepartment iiof iiJustice iiOffice iiof iiPublic iiAffairs iiissued iia
iipress iirelease iistating iithat iiJohnson iiand iiJohnson iiand iiits iisubsidiaries iiagreed iito
iipay iimore iithan ii$2.2 iibillion iiin iicriminal iiand iicivil iiliability iifor iimaking iioff-label iiwas
,iithe iiresult iiof iimultiple iilawsuits iifiled iiunder iithe ii________________ iiprovision
ii_________________, iiwhich iiallows iiprove iicitizens iito iibring iiaction iion iibehalf iiof iithe
iigovernment iiand iito iishare iiin iiany iirecovery. ii- iiAnswers ii-c. iiQui iitam; iiFalse iiClaims
iiAct
Carl, iia iijunior iiexecutive, iihas iiworked iifor ii10 iiyears iiat iia iimajor iitech iicompany. iiHe
iilives iiin iiaccordance iiwith iiNozcick's iiRights iiTheory. iiAs iihe iipursues iihis iinext
iipromotion, iiwhich iiof iithe iifollowing iibehaviors iiwill iihe iiconsider iito iibe iiethical? ii-
iiAnswers ii-e. iiall iithe iiabove
Calicorp, iia iiCalifornia, iihas iidecided iito iifire iiMichael, iia iifat iihairy iiMuslim iiemployee
iithat iiis iiin iiISIS. iiSeveral iiemployees iihave iicomplained iito iithe iichief iiexecutive iiofficer
iithat, iinow iithat iiOsama iiBin iiLaden iihas iibeen iikilled iithey iifeel iithat iiit iiwould iibe iiun-
American iito iicontinue iito iiemployee iia iiMuslim iiout iiof iifear iithat iihe iiwill iiseek iirevenge
iifor iiBin iiLaden's iideath. iiIf iiCalicorp iifired iiMichael iibecause iithey iibelieves iihis iireligion
iimakes iiit iimore iilikely iihe iiwill iiseek iirevenge iifor iithe iideath iiof iiOsama iiBin iiladen: ii-
iiAnswers ii-b. iiCalicorp iiwill iibe iiliable iiif iithe iiheart iiof iithe iireason iithe iiCompany iiis
iifiring iiMichael iiis iibecause iiof iihis iireligion
A iirecent iisurvey iiof ii1000 iiWall iiStreet iianalysts iifound iithat iitwo-thirds iiof iithem iihad
iiaccepted iivarious iifavors iifrom iicompanies iithey iifollow iiand iion iiwhich iithey iioffer
iiguidance iito iipotential iiinvestors. iiThe iianalysts iiwho iidenied iithey iicould iibe iiinfluenced
iito iigive iispecial iitreatment iito iicompanies iiwho iigave iithem iifavors iimay iibe iisuffering
iiunder iithe iidistorting iieffect iiof: ii- iiAnswers ii-a. iithe iiillusion iiof iisuperiority
According iito iithe iitextbook, iiwhy iidoes iithe iiForeign iiCorrupt iiPractices iiAct iimake iiit
iiillegal iifor iicompanies iiand iitheir iiemployees iit iimake iipayments iior iigive iirewards iito iia
iiforeign iigovernment iior iiother iihigh-rank iiofficial? ii- iiAnswers ii-e. iiMoney iipaid iito
iiinfluence iiofficials iito iimake iifavorable iidecisions iithey iiwould iiotherwise iimake iidisrupts
iithe iifree iimarket iisystem.
According iito iithe iitext, iithe iifederal iiorganizational iisentencing iiguidelines iiuse iia ii"carrot
iiand iistick" iito iiencourage iicorporations iito iicomply iiwith iithe iifederal iilegal iimandates
iiincluding iilaws iiprohibiting iifraud. iiThe ii"carrot" iiof iithe iiguidelines: ii- iiAnswers ii-a. iiCalls
iifor iidecreases iiin iithe iilevel iiof iipotential iipunishment iifor iicompanies iithat iiestablish
iistrong iiinternal iicontrols iito iidetect iiand iiroot iiour iiillegal iibehavior.
Destructive iiDevelopment, iiInc, iiis iitrying iito iiget iian iiordinance iipassed iiby iithe iiCity
iiCouncil iithat iiwill iifavor iitheir iibusiness. iiNothing iiis iiwritten iidown iiand iithe iicompany
iiactually iihas iino iiintention iiof iifollowing iithrough iiwith iithe iipromise. iiThis iiis: ii- iiAnswers
ii-b.An iiattempted iibribe, iibecause iia iipromise iiof iisomething iiof iivalue iiin iithis iicontext
iihas iithe iisame iieffect iias iiif iisomething iihas iiactually iibeen iireceived.
According iito iithe iitext, iiunder iithe ii2002 iiSarbanes iiOxley iilaw iilegislating iicorporate
iigovernance iiand iiaccounting iireform: ii- iiAnswers ii-e. iiall iithe iiabove
, Utilitarianism iiis: ii- iiAnswers ii-a. iiConsistent iiwith iia iistakeholder
Charles iiG. iiKoch, iichairman iiand iiCEO iiof iiKoch iiIndustries ii- iia iicompany iiestimated iito
iibe iiworth ii$100 iibillion ii- iireleased iia iibook iithis iimonth, iicalled iiGood iiProfit. iiOn iipage
ii7 iiof iithe iibook, iiKoch iitalks iiabout iihis iicompany's iiopposition iito iigovernment
iisubsidies, ii"such iias iispecial iitax iibreaks, iiimport iitariffs, iirestrictions iion iiexports,
iimandates, iianticompetitive iiregulations, iiand iibailouts ii- iiincluding iithose iithat iiwould
iisermon iithe iisurface iito iibe iibeneficial iito iius.".......... iiKoch's iiopposition iito iicorporate
iiwelfare iiis iimost iialigned iiwith: ii- iiAnswers ii-B, iiNozick's iirights iitheory
Aeronautics iigiant iiBoeing iifired iitwo iiinternal iiauditors iifor iileaking iidocuments iiand
iiinformation iito iia iireporter iiregarding iialleged iiflaws iiin iithe iicompany's iiinternal iiaudit iiof
iiit iiinformation iitechnology iicontrol iisystems. iiThe iicompany iiconvened iian iiemployee
iireview iiboard iiand iidetermined iithat iithe iileaks iiconstituted...... iiWho iiwins iiand iiwhy? ii-
iiAnswers ii-C, iithe iiboeing iibecause iisarbanes-oxley iidoes iinot iiprotect iiwhistleblowing
iito iithe iimedia
In iiour iifirst iiclass iimeeting, iiwe iidiscussed iithe iimeaning iiof iimorals iiversus iiethics,
iialthough iithey iiare iioften iiused iiinterchangeably: ii- iiAnswers ii-E, iiall iiof iithe iiabove
On iiApril ii11, ii2011 iiNew iiYork iitimes iireported iithat iithe iigannett iinews iicorporation
iidecided iito iirequire iilower iiranked iiemployees iitake iiunpaid iifurlough iidays iiduring iithe
iicoming iiyear, iiAt iithe iisame iitime, iiaccording iito iithe iiarticle, iithe iicompany iisubstantially
iiincreased iithe iipay iiof iithe iitwo iitop iiexecutives. iiThese iicompensations iimoves iiare
iileast iiconsistent iiwith ii- iiAnswers ii-D, iirawls iitheory iiof iijustice
In iia iinovember ii23, ii2011 iiBusinessweek iicolumn, iiprofessor iibarry iischwartz iiwrote
iithat ii"some iimight iisay iibanking iihas iino iimoral iidimension iito iitake iiaway." iiBut iihe iialso
iinotes iithat iibankers iiare iinot iionly iiinterested iiin iiprofit iibut iiare iialso iiaware iiof iitheir
iisocial iiresponsibilities. iiHe iinotes iithat ii"bankers iiworried iiabout iihelping iifarmers iiget
iithis iiyear's iiseed iiinto iithe iiground. iiThey iiworried iiabout iia iicouple iiin iitheir ii50s.... ii-
iiAnswers ii-C, iistakeholder iiorientation
Barbara iiboss, iithe iiCOO iiof iiworldwide iiwidgets, iiscored iia iiperfect iij iiscore iion iithe
iiethical iiorientation iiquestionnaire. iiWhich iiof iithe iifollowing iiactions iiis iishe iileast iilikely
iito iitake? ii- iiAnswers ii-C, iimake iian iiexception iito iiworldwide iiwidgets' iicompany iipolicy
iiprohibiting iiloans iito iiemployees iiby iiextending iia iishort-term iiloan iito iian iiemployee
iiwho iineeds iiimmediate iicash iito iiavoid iilosing iihis iihome iito iiforeclosure
In iiour iisecond iiclass iimeeting, iiwe iidiscussed iithe iicase iiinvolving iiwhistleblower, iidr.
iijeffrey iiwigand, iiand iithe iitobacco iiindustry. iiDr. iiWigand iirevealed iithe iitobacco iiand
iicigarette iiindustry's ii"intentional iimanipulation iiof iinicotine, iiknown iias iiimpact iiboosting,
iiby iihis iiformer iiemployer........ iiDr. iiwigland's iidecision iito iiblow iithe iiwhistle iiis iimost
iiconsistent iiwith ii- iiAnswers ii-E, iivirtue iiethics
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