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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. Which co was NOT implicated in the early 2000s?
As part of NAFTA - Canada & US agree to help Mexico in trade matters
Price cancellation
Altruism (refers to placing the needs of another above oneself)
All were implicated in scandals (Enron - Coca-Cola - Tyco International)

2. OSHA was created to?
Ensure worker safety
Nepotism (considering the interests of family ahead of what is best for the business)
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.
All were implicated in scandals (Enron - Coca-Cola - Tyco International)

3. What best describes rule utilitarianism?
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
A move toward equality among all races in issues related to environmental hazards
Through PACS
Act utilitarianism (called maximizing utility)

4. What statement would be the most correct under a classical view of business?
As part of NAFTA - Canada & US agree to help Mexico in trade matters
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Government regulations are always detrimental because the economy is self-correcting
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

5. What is NOT a benefit which can come to companies as a result of substainable business practices?
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
Nepotism (considering the interests of family ahead of what is best for the business)
To lower greenhouse gas emissions
All are possible benefits

6. What statement is TRUE?
When a person or co. trades goods or services in place of money.
Laws regulating consumer protection
A grease payment make things that would normally occur happen at a faster rate
It is unanimously agreed that there is a dire need for it in todays society

7. What is NOT a rule for creating maxims under Kantian ethics?
A maxim must be specific (should be generalized)
Advertising which involves technically true claims which are misleading by nature.
The primary factor in sexual harassment cases is the intent of the action
Allows foreign citizens to bring a citizen of the US to trial in the US

8. What is the stakeholder model of corporate governance?
Allows foreign citizens to bring a citizen of the US to trial in the US
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
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
To ensure & protect public health & safety

9. The perceived 'us' vs. 'them' mentality that emerges when doing business with different cultures is referred to?
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Self reference criterion
The WTO is governed by a conference of Secretariats with one Secretariat from each country

10. What statement is TRUE?
Hard money
All would be addressed in an NDA
Logos - jingles - & brand names can all be ex. of trademarks
OSHA

11. How many days of notice does the WARN Act require employers to give employees?
60 days
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Pump & dump
Foreign Corrupt Practices Act

12. The Fair Labor Standards Act?
Sets forth standards for management in relations with labor unions
Monopolies
Ensure worker safety
Kantian ethics (is deontological determines morality based on the morality of the action itself)

13. A noisy withdrawal would be done by?
Lawyers
Logos - jingles - & brand names can all be ex. of trademarks
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

14. What does EEOC stand for?
Equal Employment Opportunity Commission
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
All are ways businesses are regulated
Civil case (feel their rights have been violated)

15. What does NOT focus on increasing the ethical awareness of employees & strengthening the ethical culture of a workplace?
Post conventional (person is ruled by conscience instead of society)
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Discrimination
Democratic leadership style

16. A child cleans their room so they will be allowed to go to a friends house. Which of Kohlbergs stages are they in?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Universal imperative
Universal Ethics Protocol organization
It requires employers to give workers notice before mass layoffs so that they can prepare

17. What is the four P's of advertising?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Post conventional (person is ruled by conscience instead of society)
A strong focus on developing core values
Product - Place - Promotion - & Price

18. What are conflict diamonds?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Diamonds which are sold with the purpose of funding insurrection or war.
All were implicated in scandals (Enron - Coca-Cola - Tyco International)

19. What statement is TRUE?
Finding ways to eliminate the opportunities for employees to act unethically
Outsourcing is unanimously agreed to be a beneficial process.
An effective leader should be able to switch between transformational & transactional leadership styles.
Philanthropic

20. What is NOT an example of an in kind contribution?
Advertising which involves technically true claims which are misleading by nature.
Random drug testing of employees is allowed in all cases
Donating money to a humanitarian organizaiton for the purchase of blankets
Post conventional (person is ruled by conscience instead of society)

21. What is NOT a conflict of interest?
Reputation
Laws regulating consumer protection
Product - Place - Promotion - & Price
All are conflicts of interest

22. What statement is NOT true?
Prevent international trade crisis
Laws regulating consumer protection
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
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.

23. A lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
Outsourcing is unanimously agreed to be a beneficial process.
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Legal

24. 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?
Ensure worker safety
When a person is in a position to exploit their power for their own benefit
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Stage 4 (people are motivated primarily by authority such as law)

25. 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?
An effective leader should be able to switch between transformational & transactional leadership styles.
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
OSHA
Comparable worth

26. What would NOT be addressed in a Non-disclosure agreement?
All would be addressed in an NDA
Ensure worker safety
Equal Employment Opportunity Commission
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)

27. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Self reference criterion
Outside employment where a person has 2 jobs which conflict with each other
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

28. the merger between Delta Air Lines & Northwest Airlines raised concerns about what?
Ad hoc (means for this)
Monopolies
Civil Rights Act of 1964
EEOC (has to do with employment in US)

29. An ombudsman is?
Stage 2 people are concerned with obtaining rewards
An intermediary who investigates complaints against a group
Donating money to a humanitarian organizaiton for the purchase of blankets
Reputation

30. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
The only ethical regulation s businesses follow are mandated by the government
PACS are organized by SIGs (special interest groups)
Sarbanes-Oxley Act
Consumer (gives customeres more room to manipulate or deceive the business)

31. What is NOT a way in which business's are regulated?
All are ways businesses are regulated
Enquiring about off duty activities
An attempt to apply moral & ethical principles to business actions
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

32. A person is given the opportunity to volunteer at local food bank. They consider the other things they could do with that time. Decide to do volunteer work. What type of ethical theory does their thought process & decision follow?
To ensure & protect public health & safety
Act utilitarianism
To lower greenhouse gas emissions
A strong focus on developing core values

33. What statement about Corporate Social Responsibility is FALSE?
Laws regulating consumer protection
Foreign Corrupt Practices Act
It is unanimously agreed that there is a dire need for it in todays society
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

34. A virus is?
They can only sell stock amounting to a 10 M value at a time
All are conflicts of interest
Logos - jingles - & brand names can all be ex. of trademarks
A piece of code which spreads from computer to computer & can disrupt computer functions.

35. What statement BEST describes attitudes toward outsourcing?
The only ethical regulation s businesses follow are mandated by the government
Reputation
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Telling the truth because you think it is the right thing to do

36. What of the following is TRUE?
PACS are organized by SIGs (special interest groups)
An NDA would be appropriate in all situations
Foreign Corrupt Practices Act
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)

37. What is NOT a responsibility that should be considreed by businesses?
Fidiciary
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Government regulations are always detrimental because the economy is self-correcting
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

38. What term describes a moral theory which derives morality from actions?
Outsourcing is unanimously agreed to be a beneficial process.
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
The considerations of large co about the well being of society when they make business decisions
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to

39. Command & control regulations?
Allows an orgin site to send information to a computers browser
Non-renewal resources
Regulate how a co should manage certain processes that pollute the environment
Outside employment where a person has 2 jobs which conflict with each other

40. What describes a type of conflict of interest where a broker owns securities & spreads rumors about them to make the price go up - then sells them before the price goes back down?
Pump & dump
Stage 1 (person most concerned with avoiding punishment)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

41. Who has legal responsibility for a company's actions in a corporation?
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
A person has the right to remove documents about themselves from government records
Board of Directors
Donated to a candidates campaign

42. What is NOT an unethical pricing strategy?
Price cancellation
Finding ways to eliminate the opportunities for employees to act unethically
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Monopolies

43. Hiring family members would be considered which type of conflict of interest?
To lower greenhouse gas emissions
Enquiring about off duty activities
Nepotism (considering the interests of family ahead of what is best for the business)
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

44. The fact that in many cases a company's worth is greater than the value of its tangible assets is referred to as?
Goodwill (good reputation makes co. worth more)
Product - Place - Promotion - & Price
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

45. What group would not be considered a stakeholder?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Enquiring about off duty activities
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
All are stakeholders

46. What is NOT true of the WTO?
Environmental equilibrium
The WTO is governed by a conference of Secretariats with one Secretariat from each country
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

47. The Dukes vs. Walmart case involves which issue?
Logos - jingles - & brand names can all be ex. of trademarks
NDA (non-disclosure agreements are legal & binding)
Sexual discrimination
Non-point source contributions

48. What aid employers in keeping information private?
NDA (non-disclosure agreements are legal & binding)
Self reference criterion
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Pay raises

49. Oversight refers to?
Illegal drugs (drugs are monitored by DEA)
A system of accountability - oversight - & control within the company
Finding ways to eliminate the opportunities for employees to act unethically
Stage 1 (person most concerned with avoiding punishment)

50. The purpose of the International Monetary Fund?
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Prevent international trade crisis
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Pump & dump