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BA 300 Practice mini final Exam Questions and Answers
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BA 300 Practice mini final Exam Questions and Answers
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BA 300 Practice mini final ExamQuestions and Answers
c. iiNozick's iiRights iiTheory
--> ii(Business iiis iicontractual, iithere iiis iifreedom iifrom iiforce iiand iifraud iifor iiboth iiparties
ii[no iione iiis iiobligated iito iipay iimoney iifor iimortgages] iieven iiif iibehind iithe iiscenes iithe
iicompany iiis iiacting iion iiinsider iiinformation.) ii- iiAnswers ii-Goldman iiSachs iiCEO iiLloyd
iiBlankfein iipublicly iijustified iithe iifirm iiselling iibundles iiof iitroubled iimortgages iito iiits
iiclients iiat iithe iisame iitime iiit iibet iithe iifirm's iiown iimoney iithat iithe iivalue iiof iithose
iimortgages iiwould iifall iiby iisaying iithat iiGoldman's ii*clients iiknew iiwhat iithey iiwere
iibuying*. iiGoldman, iihe iisaid, iiwas ii*simply iioffering iiits iiclients iia iiservice*. iiMr.
iiBlankfein's iiresponse iireflects iian iiattitude iithat iiis iimost iiconsistent iiwith:
a. iiVirtue iiEthics
b. iiSound iiprinciples iiof iiorganizational iibehavior.
c. iiNozick's iiRights iiTheory
d. iiRawl's iiTheory iiof iiJustice
e. iiThe iiEthics iiof iiCare
Virtue iiEthics
--> ii(Virtue iiEthics iiat iiits iicore iiis iia iibelief iithat iiyou iishould iiact iito iibe iithe iimost iiself-
righteous iiyou iican iibe, iiand iito iialways iido iiwhat iiis iiright iiin iithe iibig iipicture.
iiMeritocracy, iithe iibasis iiof iijudging iipeople iibased iion iiability/achievement iiis
iifundamental iito iithis iiphilosophy.) ii- iiAnswers ii-On iiMarch ii14, ii2012, iiGreg iiSmith, iia
iiformer iiVice iiPresident iiof iiinvestment iigiant iiGoldman iiSachs, iipublished iian iiessay iiin
iithe iiNew iiYork iiTimes iiexplaining iiwhy iihe iiwas iiresigning iifrom iithe iifirm. iiHe iihad
iijoined iiGoldman ii12 iiyears iibefore iiright iiout iiof iicollege, iibut iihe iisaid iihe iiwas iileaving
iibecause iihe iihad iicome iito iibelieve iithat iiGoldman iihad iideveloped iia iiculture iiof iiputting
iiquick iiprofits iifor iithe iifirm iiahead iiof iithe iiinterests iiof iithe iifirm's iiclients. iiSmith iiwrote:
ii*"My iiproudest iimoments iiin iilife ii. ii. ii. iihave iiall iicome iithrough iihard iiwork*, iiwith iino
iishortcuts. iiGoldman iiSachs iitoday iihas iibecome ii*too iimuch iiabout iishortcuts* iiand
ii*not iienough iiabout iiachievement*. iiIt iijust iidoesn't iifeel iiright iito iime iianymore." iiMr.
iiSmith's iidecision iiwas iidriven iiby:
a. iiUtilitarianism
b. iiThe iiillusion iiof iisuperiority
c. iiVirtue iiEthics
, d. iiIntegrative iiSocial iiContracts iiTheory
e. iiA iilow iidesire iifor iimoral iiappropriation iiof iiself
e. iiNozick's iiRights iiTheory
--> ii(Nozick's iiTheory iiis iilargely iia iilibertarian iiviewpoint iiabout iitaking iiownership iiof
iiyourself iiand iibeing iifree iiof iioutside iiinfluences. iiA iinanny iistate iiis iiakin iito iithe iiidea iiof
iithe iihelicopter iiparent, iiwhere iiyou iiare iiconstantly iiwatched iiand iiinfluenced iito iimake
iichoices iiyou iimay iinot iiotherwise iimake iion iiyour iiown.) ii- iiAnswers ii-A iiJuly ii17, ii2009
iiarticle iiin iithe iiWall iiStreet iiJournal iientitled ii"Drinks iiwith iia iiJolt iiDraw iiNew iiScrutiny"
iidiscusses iilimits iithat iistates iiare iiconsidering iiimposing iion iithe iimarketing iiof
iicaffeinated iialcoholic iibeverages iisuch iias iiJoose iithat iiare iiespecially iipopular iiwith
iicollege iistudents. iiOne iibeer iidistributor iicomplained iithat iiregulators iiwere iiunfairly
iitargeting iisuch iidrinks. ii"*I iireally iibelieve iiin iipersonal iiresponsibility*, iiand iiI iithink iiit's
iiridiculous iithat iithe iiattorneys iigeneral iihave iiturned iiit iiinto iia ii*nanny iistate*." iiThe
iiethical iitheory iithat iibest iireflects iithe iibeer iidistributor's iireaction iito iithe iiproposed iinew
iiregulations iiis:
a. iiThe iiEthic iiof iiCare
b. iiKohlberg's iiTheory iiof iiMoral iiDevelopment
c. iiIntegrative iiSocial iiContracts iiTheory
d. iiRawl's iiTheory iiof iiJustice
e. iiNozick's iiRights iiTheory
b. iiA iishareholder iiprimacy iiorientation
-->(Firms iiwho iibelieve iithis iiconcept iibelieve iithat iicompanies' iionly iiobjective iiis iito
iimake iia iiprofit, iiand iithus iicreate iivalue iifor iishareholders.) ii- iiAnswers ii-Armand
iiLauzon iiis iiCEO iiof iiSequa iiCorporation, iian iiindustrial iicompany iiacquired iiby iithe
iiCarlyle iiGroup, iia iiprivate-equity iifirm. iiIn iia iiFebruary ii2, ii2012 iiessay iiin iiThe iiWall
iiStreet iiJournal, iiMr. iiLauzon iiwrote: ii*"Private-equity iifirms iiexist iifor iione iireason: iiTo
iicreate iivalue iifor iishareholders*, iithe iilargest iipercentage iiof iiwhich iiare iipublic iipension
iifunds. iiFirms iido iithis iiby iifinding iiand iiinvesting iiin iiunderperforming iibusinesses iithat
iihave iipotential iifor iigrowth." ii*Private-equity iifirms* iiand iithose iiappointed iito iirun iithe
iicompanies iithat iiprivate-equity iifirms iiacquire iitherefore iihave:
a. iiA iihigh iiexternal iilocus iiof iicontrol
b. iiA iishareholder iiprimacy iiorientation
c. iiDistorted iimoral iiawareness, iiaccording iito iiDr. iiRyan's iivideo
d. iiA iistrong iistakeholder iiorientation
e. iiConfirmation iibias
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