Test your basic knowledge |

DSST Business Ethics And Society

Subject : dsst

Instructions:

Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can study here.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

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 would NOT be illegal under the Foreign Corrupt Practices Act?
Patriot Act
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Government regulations are always detrimental because the economy is self-correcting
A grease payment make things that would normally occur happen at a faster rate

2. Does the Foreign Corrupt Practices Act include grease payments?
Education
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Stage 2 people are concerned with obtaining rewards
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)

3. Who is best known for creating the categorical imperative?
Immanuel Kant
The considerations of large co about the well being of society when they make business decisions
NDA (non-disclosure agreements are legal & binding)
All are related to government & business interactions

4. What BEST describes the old social contract?
Harris vs. Forklife Systems - Inc
To ensure & protect public health & safety
Any program which seeks to reverse the effects of any form of discrimination
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.

5. What is the purpose of the WARN Act?
EEOC (has to do with employment in US)
It requires employers to give workers notice before mass layoffs so that they can prepare
Dumpster diving
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

6. What statement is TRUE?
When a person is in a position to exploit their power for their own benefit
The study of designing more comfortably or easily used equipment
Outsourcing is unanimously agreed to be a beneficial process.
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources

7. A child cleans their room so they will be allowed to go to a friends house. Which of Kohlbergs stages are they in?
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Equal Employment Opportunity Commission
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

8. Considered from an ethical standpoint - MNCs should?
Conform to the highest standards in all businesses whether overseas or not
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
Stage 1 (person most concerned with avoiding punishment)

9. How many days of notice does the WARN Act require employers to give employees?
Illegal drugs (drugs are monitored by DEA)
A strong focus on developing core values
60 days
Misstating financial statements

10. What is NOT a benefit which can come to companies as a result of substainable business practices?
Self reference criterion
All are possible benefits
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.
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

11. What is NOT regulated by the FDA?
KPCS (they work to reduce circulation of conflict diamonds)
It is messages sent electronicaly to a large # of people - it is unsolicited - It can be send through mail - instant messaging - blogs - & other electronic methods
Illegal drugs (drugs are monitored by DEA)
Sarbanes-Oxley Act

12. Arable land is used for?
It is messages sent electronicaly to a large # of people - it is unsolicited - It can be send through mail - instant messaging - blogs - & other electronic methods
To ensure & protect public health & safety
Farming (suitable for agricultural use)
OSHA

13. What did the Bipartisan Campaign Reform Act NOT do?
Facilitating payment
Economical
Authoritative (leader makes decisions & tells employees what their responsibilities are)
The act did all

14. What statement about Corporate Social Responsibility is FALSE?
Finding ways to eliminate the opportunities for employees to act unethically
Act utilitarianism
Fidiciary
It is unanimously agreed that there is a dire need for it in todays society

15. What would NOT be addressed in a Non-disclosure agreement?
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Fidiciary
The primary factor in sexual harassment cases is the intent of the action
All would be addressed in an NDA

16. If a resource is used at the same rate at which it can be replenished it is describes as?
Philanthropic
EEOC (has to do with employment in US)
Environmental equilibrium
Price cancellation

17. What is NOT an example of an in kind contribution?
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Donating money to a humanitarian organizaiton for the purchase of blankets
Consumer (gives customeres more room to manipulate or deceive the business)
Outside employment where a person has 2 jobs which conflict with each other

18. 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?
Price cancellation
Money that is donated to political parties for the purpose of party building activities
Consumer (gives customeres more room to manipulate or deceive the business)
Stage 1 (person most concerned with avoiding punishment)

19. What is NOT a type of imperative considered under Kantian ethics?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Comparable worth
Universal imperative
All would be addressed in an NDA

20. What is NOT an ex. of social engineering?
Non-point source contributions
Dumpster diving
Product - Place - Promotion - & Price
The act did all

21. What theory claims that ethical beliefs are determined by the society in which one lives?
Illegal drugs (drugs are monitored by DEA)
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Ad hoc (means for this)
The WTO is governed by a conference of Secretariats with one Secretariat from each country

22. What aid employers in keeping information private?
Any program which seeks to reverse the effects of any form of discrimination
Harris vs. Forklife Systems - Inc
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
NDA (non-disclosure agreements are legal & binding)

23. What is a way in which government interventions in the economy can be beneficial to consumers?
Prevent international trade crisis
An NDA would be appropriate in all situations
Lawyers
Product safety regulations - Import tariffs

24. Implied falsity?
Advertising which involves technically true claims which are misleading by nature.
KPCS (they work to reduce circulation of conflict diamonds)
An attempt to apply moral & ethical principles to business actions
Radioactive products (threat to public safety)

25. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Immanuel Kant
Non-point source contributions

26. The Tyco scandal is associated with which ACT?
Post conventional (person is ruled by conscience instead of society)
The only ethical regulation s businesses follow are mandated by the government
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Sarbanes-Oxley Act

27. Lobbying is?
All are possible benefits
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
That management agrees to terms set forth by labor unions
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.

28. What BEST describes affirmative action?
Any program which seeks to reverse the effects of any form of discrimination
Education
Because Dukes could not proves all women employees faced discrimination practices
Act utilitarianism

29. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
Environmental equilibrium
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Pay raises

30. The perceived 'us' vs. 'them' mentality that emerges when doing business with different cultures is referred to?
Telling the truth because you think it is the right thing to do
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
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.
Self reference criterion

31. What moral theory is NOT consequentialist?
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Sexual discrimination
Government regulations are always detrimental because the economy is self-correcting
Logos - jingles - & brand names can all be ex. of trademarks

32. What is regulated by FDA?
Radioactive products (threat to public safety)
The only ethical regulation s businesses follow are mandated by the government
Logos - jingles - & brand names can all be ex. of trademarks
The primary factor in sexual harassment cases is the intent of the action

33. What statement is TRUE?
Finding ways to eliminate the opportunities for employees to act unethically
Discrimination
A grease payment make things that would normally occur happen at a faster rate
The WTO is governed by a conference of Secretariats with one Secretariat from each country

34. What statement is TRUE?
An attempt to apply moral & ethical principles to business actions
Philanthropic
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Kantian ethics (is deontological determines morality based on the morality of the action itself)

35. What type of responsibility is the LEAST regulated?
It is unanimously agreed that there is a dire need for it in todays society
Laws regulating consumer protection
Philanthropic
Logos - jingles - & brand names can all be ex. of trademarks

36. What statement is TRUE?
Prevent international trade crisis
An effective leader should be able to switch between transformational & transactional leadership styles.
Act utilitarianism (called maximizing utility)
An attempt to apply moral & ethical principles to business actions

37. What case established that is was how actions were interpreted that matter in sexual harassment cases?
Fidiciary
When a person is in a position to exploit their power for their own benefit
Harris vs. Forklife Systems - Inc
Price cancellation

38. A conflict of interest?
Non-renewal resources
Reputation
All are conflicts of interest
When a person is in a position to exploit their power for their own benefit

39. What is best ex. of point secure pollution?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
The primary factor in sexual harassment cases is the intent of the action
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Oil spill

40. Why did Supreme Court rule in favor of Walmart in the case of Dukes vs Walmart?
Economical
Because Dukes could not proves all women employees faced discrimination practices
KPCS (they work to reduce circulation of conflict diamonds)
Non-point source contributions

41. What is the purpose of the Kyoto Protocol?
Outsourcing is unanimously agreed to be a beneficial process.
Fidiciary
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
To lower greenhouse gas emissions

42. Ergonomics is?
Oil spill
Kerr-McGee (plutonium tampering)
The study of designing more comfortably or easily used equipment
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional

43. What are conflict diamonds?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Stage 5 People act because they feel an obligation to society
Self reference criterion
Diamonds which are sold with the purpose of funding insurrection or war.

44. What is NOT a way in which business's are regulated?
All are ways businesses are regulated
Sets forth standards for management in relations with labor unions
To ensure & protect public health & safety
Act utilitarianism

45. What is NOT an unethical pricing strategy?
An NDA would be appropriate in all situations
Random drug testing of employees is allowed in all cases
Price cancellation
Advertising which involves technically true claims which are misleading by nature.

46. If people object to something being built near their homes it is referred to as?
Stage 2 people are concerned with obtaining rewards
NIMBY (not in my backyard)
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
OSHA

47. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
NDA (non-disclosure agreements are legal & binding)
Equal Employment Opportunity Commission
Outside employment where a person has 2 jobs which conflict with each other

48. A grease payment can also be called?
Pump & dump
Altruism (refers to placing the needs of another above oneself)
Facilitating payment
Outsourcing is unanimously agreed to be a beneficial process.

49. 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.
Because Dukes could not proves all women employees faced discrimination practices
Allows foreign citizens to bring a citizen of the US to trial in the US
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

50. What is NOT true of the WTO?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
They can only sell stock amounting to a 10 M value at a time
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Price cancellation