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DSST Business Ethics And Society

Subject : dsst

Instructions:

Answer 50 questions in 15 minutes.
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Match each statement with the correct term.
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This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.

1. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
Non-renewal resources
Kantian ethics (is deontological determines morality based on the morality of the action itself)
A strong focus on developing core values
Any company that is caught bluffing in negotiations for government contracts is immediately brought under investigation by the SEC & those involved may face criminal charges.

2. The intent of the Sarbanes-Oxley Act was to?
Kerr-McGee (plutonium tampering)
Lawyers
Prevent international trade crisis
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

3. What is NOT legally required in management relations with labor unions?
Price cancellation
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Philanthropic
That management agrees to terms set forth by labor unions

4. What is the purpose of the Kyoto Protocol?
A person has the right to remove documents about themselves from government records
They can only sell stock amounting to a 10 M value at a time
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
To lower greenhouse gas emissions

5. What moral theory is NOT consequentialist?
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
NDA (non-disclosure agreements are legal & binding)
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Kantian ethics (is deontological determines morality based on the morality of the action itself)

6. What theory claims that ethical beliefs are determined by the society in which one lives?
Discrimination
An intermediary who investigates complaints against a group
EEOC (has to do with employment in US)
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

7. An employee of a donut shop does not steal donuts because they are afraid they would get fired if they did. Which of Kohlbergs stages are they in?
Universal imperative
All would be addressed in an NDA
Equal Employment Opportunity Commission
Stage 1 (person most concerned with avoiding punishment)

8. What case established that is was how actions were interpreted that matter in sexual harassment cases?
Price cancellation
Pump & dump
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Harris vs. Forklife Systems - Inc

9. What is NOT an illegal basis of discrimination?
Ad hoc (means for this)
Product safety regulations - Import tariffs
Education
Reputation

10. What would NOT be illegal under the Foreign Corrupt Practices Act?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Patriot Act
A system of accountability - oversight - & control within the company

11. What are conflict diamonds?
Diamonds which are sold with the purpose of funding insurrection or war.
That management agrees to terms set forth by labor unions
Ensure worker safety
When a lawyer withdraws legal representation for their client & notifies the proper authorities

12. The perceived 'us' vs. 'them' mentality that emerges when doing business with different cultures is referred to?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Dumpster diving
Self reference criterion
The primary factor in sexual harassment cases is the intent of the action

13. What situation would be considered moral under Kantian theory?
Telling the truth because you think it is the right thing to do
Immanuel Kant
Pump & dump
All are correct guidelines

14. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
A manager must consider which group of stakeholders is the most important to please & then work towards developing positive long term relationships with that group
Philanthropic
Consumer (gives customeres more room to manipulate or deceive the business)

15. The CEO of a co works to raise stock prices because they will get a bonus if the stock prices increases by a certain %. Which of Kohlberg's stages are they in?
The primary factor in sexual harassment cases is the intent of the action
Reputation
Stage 2 people are concerned with obtaining rewards
All are stakeholders

16. Business ethics is?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
KPCS (they work to reduce circulation of conflict diamonds)
Legal
An attempt to apply moral & ethical principles to business actions

17. Which co was NOT implicated in the early 2000s?
All are examples of corporate espionage
Donated to a candidates campaign
Non-point source contributions
All were implicated in scandals (Enron - Coca-Cola - Tyco International)

18. The FTC was created to monitor which type of regulation?
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Laws regulating consumer protection
Economical

19. What is NOT a type of imperative considered under Kantian ethics?
Education
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Universal imperative

20. Who has legal responsibility for a company's actions in a corporation?
All are concerns about outsourcing
A strong focus on developing core values
Regulate how a co should manage certain processes that pollute the environment
Board of Directors

21. Oversight refers to?
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Finding ways to eliminate the opportunities for employees to act unethically
Ensure worker safety
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.

22. Hard money is?
PACS are organized by SIGs (special interest groups)
A person considers an action independently of a situation & determines whether it is more often moral or immoral to determine how to classify it in all situations
Donated to a candidates campaign
The primary factor in sexual harassment cases is the intent of the action

23. What is NOT an example of how corporate espionage can occur?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
All are correct guidelines
All are examples of corporate espionage
An intermediary who investigates complaints against a group

24. What is NOT a benefit which can come to companies as a result of substainable business practices?
Price cancellation
A piece of code which spreads from computer to computer & can disrupt computer functions.
All are possible benefits
Immanuel Kant

25. Utilitarianism is a type of?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Kerr-McGee (plutonium tampering)
Universal imperative
Ethical egosim (states if it benefits the person then it is the right thing to do)

26. What is best ex. of point secure pollution?
Legal
Universal Ethics Protocol organization
Oil spill
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)

27. What is the responsibility of the FDA?
Reputation
To ensure & protect public health & safety
Fidiciary
Prevent international trade crisis

28. What statement is NOT true?
Any company that is caught bluffing in negotiations for government contracts is immediately brought under investigation by the SEC & those involved may face criminal charges.
Hard money
To ensure & protect public health & safety
Help developing countries stregthen their economics

29. What type of responsibility is the LEAST regulated?
Outside employment where a person has 2 jobs which conflict with each other
Philanthropic
Any company that is caught bluffing in negotiations for government contracts is immediately brought under investigation by the SEC & those involved may face criminal charges.
Laws regulating consumer protection

30. What aid employers in keeping information private?
When a person is in a position to exploit their power for their own benefit
Patriot Act
NIMBY (not in my backyard)
NDA (non-disclosure agreements are legal & binding)

31. Ethical & philanthropic responsibilities are important in building?
Help developing countries stregthen their economics
OSHA
Reputation
NDA (non-disclosure agreements are legal & binding)

32. What statement is FALSE about merger between Delta Air Lines & Northwest Airlines in 2008?
Stage 5 People act because they feel an obligation to society
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Stage 2 people are concerned with obtaining rewards
Equal Employment Opportunity Commission

33. the merger between Delta Air Lines & Northwest Airlines raised concerns about what?
Allows an orgin site to send information to a computers browser
Monopolies
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary

34. The Alien Tort Claims Act?
Allows foreign citizens to bring a citizen of the US to trial in the US
Education
Allows an orgin site to send information to a computers browser
Pump & dump

35. What is NOT true of the WTO?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Philanthropic
EEOC (has to do with employment in US)
A move toward equality among all races in issues related to environmental hazards

36. What does EEOC stand for?
Equal Employment Opportunity Commission
The considerations of large co about the well being of society when they make business decisions
60 days
All are stakeholders

37. What is environmental justice?
Finding ways to eliminate the opportunities for employees to act unethically
A move toward equality among all races in issues related to environmental hazards
That management agrees to terms set forth by labor unions
Sexual discrimination

38. Fast food places do not pay their workers less than minimum wage because it is against the law. Which of Kohlbergs stages does this describe?
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Stage 4 (people are motivated primarily by authority such as law)
When a person or co. trades goods or services in place of money.
Altruism (refers to placing the needs of another above oneself)

39. What is NOT true of NAFTA?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
The primary factor in sexual harassment cases is the intent of the action
As part of NAFTA - Canada & US agree to help Mexico in trade matters

40. Fossil fuels are?
Lawyers
An NDA would be appropriate in all situations
Non-renewal resources
The WTO is governed by a conference of Secretariats with one Secretariat from each country

41. What is NOT a reason clinton's attempt at healthcare reform in the early 1990s failed?
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
An intermediary who investigates complaints against a group
A move toward equality among all races in issues related to environmental hazards
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

42. Some people believe that women earn less than men because female held jobs have been historically devalued - & that women should be given equal pay for equal work. This belief called?
Comparable worth
Advertising which involves technically true claims which are misleading by nature.
Reputation
A manager must consider which group of stakeholders is the most important to please & then work towards developing positive long term relationships with that group

43. What is NOT an attempt at creating a universal ethical standard?
Universal Ethics Protocol organization
The study of designing more comfortably or easily used equipment
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Decide the benefits of releasing the software now outweight the costs - & present the product as finished

44. A person helps an old lady across the street because they think that it is the right thing to do - & makes them feel useful & happy. Which of Kohlbergs stages are they in?
Post conventional (person is ruled by conscience instead of society)
Farming (suitable for agricultural use)
PACS are organized by SIGs (special interest groups)
Sexual discrimination

45. Ergonomics is?
The study of designing more comfortably or easily used equipment
Immanuel Kant
Post conventional (person is ruled by conscience instead of society)
Altruism (refers to placing the needs of another above oneself)

46. What statement is TRUE?
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Money that is donated to political parties for the purpose of party building activities
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Stage 1 (person most concerned with avoiding punishment)

47. What best describes soft money?
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Stage 5 People act because they feel an obligation to society
Money that is donated to political parties for the purpose of party building activities
Decide the benefits of releasing the software now outweight the costs - & present the product as finished

48. What statement would be the most correct under a classical view of business?
When a person is in a position to exploit their power for their own benefit
Government regulations are always detrimental because the economy is self-correcting
Equal Employment Opportunity Commission
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

49. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
All are ways businesses are regulated
Lawyers
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

50. The president of the co must decide whethere to continue to sell textbooks that he knows have incorrect information in them or not. Considered from standpoint of Kantian ethics the president would most likely?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Stage 4 (people are motivated primarily by authority such as law)
Discrimination