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Test your basic knowledge |
DSST Business Ethics And Society
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Study First
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. Arable land is used for?
Help developing countries stregthen their economics
All are ways businesses are regulated
It requires employers to give workers notice before mass layoffs so that they can prepare
Farming (suitable for agricultural use)
2. What statement is NOT true?
All would be addressed in an NDA
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Fidiciary
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.
3. The perceived 'us' vs. 'them' mentality that emerges when doing business with different cultures is referred to?
Self reference criterion
Prevent international trade crisis
Stage 2 people are concerned with obtaining rewards
Facilitating payment
4. If people object to something being built near their homes it is referred to as?
Universal Ethics Protocol organization
NIMBY (not in my backyard)
Product - Place - Promotion - & Price
Price cancellation
5. 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?
All are stakeholders
Through PACS
Stage 4 (people are motivated primarily by authority such as law)
Act utilitarianism
6. What theory claims that ethical beliefs are determined by the society in which one lives?
EEOC (has to do with employment in US)
They can only sell stock amounting to a 10 M value at a time
Logos - jingles - & brand names can all be ex. of trademarks
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
7. What is NOT an ex. of social engineering?
Donating money to a humanitarian organizaiton for the purchase of blankets
Non-point source contributions
Dumpster diving
Prevent international trade crisis
8. What is NOT a responsibility that should be considreed by businesses?
Fidiciary
Goodwill (good reputation makes co. worth more)
Help developing countries stregthen their economics
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
9. A cookie?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Allows an orgin site to send information to a computers browser
All are ways businesses are regulated
Ensure worker safety
10. The fact that in many cases a company's worth is greater than the value of its tangible assets is referred to as?
When a person or co. trades goods or services in place of money.
Goodwill (good reputation makes co. worth more)
Farming (suitable for agricultural use)
KPCS (they work to reduce circulation of conflict diamonds)
11. What group would not be considered a stakeholder?
Equal Employment Opportunity Commission
All are correct guidelines
Goodwill (good reputation makes co. worth more)
All are stakeholders
12. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
An intermediary who investigates complaints against a group
Environmental equilibrium
Kerr-McGee (plutonium tampering)
Non-point source contributions
13. A software designer knows there are some minor problems with the software they are develoing. However - if they wait to declare the product finished - it will not be released before another similar products - which would be highly damaging to its suc
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
It is unanimously agreed that there is a dire need for it in todays society
Hard money
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
14. How many days of notice does the WARN Act require employers to give employees?
60 days
Prevent international trade crisis
It is unanimously agreed that there is a dire need for it in todays society
Through PACS
15. The purpose of the World Bank is?
Legal
Help developing countries stregthen their economics
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Philanthropic
16. The Dukes vs. Walmart case involves which issue?
Illegal drugs (drugs are monitored by DEA)
Product safety regulations - Import tariffs
Sexual discrimination
It requires employers to give workers notice before mass layoffs so that they can prepare
17. Command & control regulations?
Regulate how a co should manage certain processes that pollute the environment
Civil case (feel their rights have been violated)
Because Dukes could not proves all women employees faced discrimination practices
Stage 5 People act because they feel an obligation to society
18. What is NOT an example of an in kind contribution?
Conflict diamonds
EEOC (has to do with employment in US)
All are conflicts of interest
Donating money to a humanitarian organizaiton for the purchase of blankets
19. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
Statistical discrimination - Unintentional discrimination
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
It is unanimously agreed that there is a dire need for it in todays society
Consumer (gives customeres more room to manipulate or deceive the business)
20. 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?
Oil spill
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Comparable worth
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
21. What statement about Corporate Social Responsibility is FALSE?
Farming (suitable for agricultural use)
Sets forth standards for management in relations with labor unions
It is unanimously agreed that there is a dire need for it in todays society
Immanuel Kant
22. Cost benefit considerations would be most typical of what type of ethics?
All are possible benefits
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Stage 4 (people are motivated primarily by authority such as law)
Pay raises
23. What is NOT a regulation for insiders trading stock?
They can only sell stock amounting to a 10 M value at a time
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Act utilitarianism (called maximizing utility)
A piece of code which spreads from computer to computer & can disrupt computer functions.
24. What is the stakeholder model of corporate governance?
All are related to government & business interactions
The act did all
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
Misstating financial statements
25. Karen Silkwood is associated with?
60 days
Conflict diamonds
All are conflicts of interest
Kerr-McGee (plutonium tampering)
26. What is the purpose of the Kyoto Protocol?
An intermediary who investigates complaints against a group
Outside employment where a person has 2 jobs which conflict with each other
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
To lower greenhouse gas emissions
27. What did the Bipartisan Campaign Reform Act NOT do?
Non-point source contributions
Ethical egosim (states if it benefits the person then it is the right thing to do)
Fidiciary
The act did all
28. Corporate citizenship?
Conform to the highest standards in all businesses whether overseas or not
It is unanimously agreed that there is a dire need for it in todays society
All are possible benefits
The considerations of large co about the well being of society when they make business decisions
29. The Fair Labor Standards Act?
Environmental equilibrium
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Sets forth standards for management in relations with labor unions
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
30. What statement is TRUE?
A grease payment make things that would normally occur happen at a faster rate
Discrimination
Self reference criterion
Altruism (refers to placing the needs of another above oneself)
31. Which co was NOT implicated in the early 2000s?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
The primary factor in sexual harassment cases is the intent of the action
An attempt to apply moral & ethical principles to business actions
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
32. What of the following is TRUE?
When a lawyer withdraws legal representation for their client & notifies the proper authorities
It requires employers to give workers notice before mass layoffs so that they can prepare
PACS are organized by SIGs (special interest groups)
Fidiciary
33. 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?
All are stakeholders
Civil Rights Act of 1964
Post conventional (person is ruled by conscience instead of society)
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
34. What statement best describes the difference between corporate intelligence & corpirate espionage?
Facilitating payment
All are ways businesses are regulated
All are examples of corporate espionage
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
35. Fossil fuels are?
A move toward equality among all races in issues related to environmental hazards
Patriot Act
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Non-renewal resources
36. What is NOT regulated by the FDA?
Lawyers
A system of accountability - oversight - & control within the company
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
Illegal drugs (drugs are monitored by DEA)
37. What statement is TRUE?
Education
Immanuel Kant
Universal Ethics Protocol organization
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
38. What is NOT a way that government can influence businesses?
Through PACS
Logos - jingles - & brand names can all be ex. of trademarks
When a person is in a position to exploit their power for their own benefit
Help developing countries stregthen their economics
39. What is NOT an illegal basis of discrimination?
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Education
Consumer (gives customeres more room to manipulate or deceive the business)
Non-renewal resources
40. If a person were to sue a co. for not fulfilling a contractual obligation it would be?
The study of designing more comfortably or easily used equipment
Illegal drugs (drugs are monitored by DEA)
Oil spill
Civil case (feel their rights have been violated)
41. What is NOT a type of discrimination investigated by the EEOC?
Ad hoc (means for this)
Regulate how a co should manage certain processes that pollute the environment
Education
Board of Directors
42. What act conflicts with the Privacy Act of 1974?
Patriot Act
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
To lower greenhouse gas emissions
Universal Ethics Protocol organization
43. What statement is TRUE?
OSHA
Fidiciary
An effective leader should be able to switch between transformational & transactional leadership styles.
Stage 4 (people are motivated primarily by authority such as law)
44. Protections for workers from workplace hazard are regulated & mandated by what agency?
Immanuel Kant
OSHA
All are ways businesses are regulated
Education
45. What statement is TRUE?
Lawyers
Logos - jingles - & brand names can all be ex. of trademarks
Laws regulating consumer protection
Finding ways to eliminate the opportunities for employees to act unethically
46. What is NOT an unethical pricing strategy?
Stage 1 (person most concerned with avoiding punishment)
An intermediary who investigates complaints against a group
Because Dukes could not proves all women employees faced discrimination practices
Price cancellation
47. What statement would be the most correct under a classical view of business?
Telling the truth because you think it is the right thing to do
Donating money to a humanitarian organizaiton for the purchase of blankets
Sexual discrimination
Government regulations are always detrimental because the economy is self-correcting
48. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Random drug testing of employees is allowed in all cases
The primary factor in sexual harassment cases is the intent of the action
Regulate how a co should manage certain processes that pollute the environment
49. Considered from an ethical standpoint - MNCs should?
Monopolies
Civil Rights Act of 1964
Conform to the highest standards in all businesses whether overseas or not
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.
50. Utilitarianism is a type of?
Conform to the highest standards in all businesses whether overseas or not
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Enquiring about off duty activities
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive