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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. What group would not be considered a stakeholder?
They can only sell stock amounting to a 10 M value at a time
Enquiring about off duty activities
All are stakeholders
Illegal drugs (drugs are monitored by DEA)

2. What statement is FALSE?
Help developing countries stregthen their economics
Oil spill
The only ethical regulation s businesses follow are mandated by the government
A system of accountability - oversight - & control within the company

3. OSHA was created to?
All are ways businesses are regulated
Post conventional (person is ruled by conscience instead of society)
Ensure worker safety
Foreign Corrupt Practices Act

4. What is NOT a benefit which can come to companies as a result of substainable business practices?
Altruism (refers to placing the needs of another above oneself)
An attempt to apply moral & ethical principles to business actions
A system of accountability - oversight - & control within the company
All are possible benefits

5. What is NOT a form of marketing fraud?
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
A grease payment make things that would normally occur happen at a faster rate
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Misstating financial statements

6. What of the following is TRUE?
Stage 1 (person most concerned with avoiding punishment)
Stage 4 (people are motivated primarily by authority such as law)
PACS are organized by SIGs (special interest groups)
Random drug testing of employees is allowed in all cases

7. An ombudsman is?
Civil Rights Act of 1964
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Sexual harassment
An intermediary who investigates complaints against a group

8. What statement is TRUE?
Kerr-McGee (plutonium tampering)
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Non-renewal resources

9. What statement is TRUE?
Philanthropic
An effective leader should be able to switch between transformational & transactional leadership styles.
As part of NAFTA - Canada & US agree to help Mexico in trade matters
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

10. What is a way in which government interventions in the economy can be beneficial to consumers?
Donated to a candidates campaign
Foreign Corrupt Practices Act
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Product safety regulations - Import tariffs

11. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
Consumer (gives customeres more room to manipulate or deceive the business)
Farming (suitable for agricultural use)
All would be addressed in an NDA
Hard money

12. What is NOT true of NAFTA?
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
An NDA would be appropriate in all situations
As part of NAFTA - Canada & US agree to help Mexico in trade matters
Board of Directors

13. What moral theory considers the action resulting in the greatest benefit to all people as the most moral action?
Education
Diamonds which are sold with the purpose of funding insurrection or war.
Outside employment where a person has 2 jobs which conflict with each other
Act utilitarianism (called maximizing utility)

14. Protections for workers from workplace hazard are regulated & mandated by what agency?
Universal imperative
OSHA
Money that is donated to political parties for the purpose of party building activities
A person has the right to remove documents about themselves from government records

15. Command & control regulations?
Regulate how a co should manage certain processes that pollute the environment
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Misstating financial statements
Outside employment where a person has 2 jobs which conflict with each other

16. What is NOT an unethical pricing strategy?
Allows an orgin site to send information to a computers browser
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Board of Directors
Price cancellation

17. What statement BEST describes attitudes toward outsourcing?
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Finding ways to eliminate the opportunities for employees to act unethically
Because Dukes could not proves all women employees faced discrimination practices
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.

18. What is NOT true of the WTO?
When a person is in a position to exploit their power for their own benefit
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Regulate how a co should manage certain processes that pollute the environment
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)

19. What is NOT an attempt at creating a universal ethical standard?
Kerr-McGee (plutonium tampering)
Environmental equilibrium
Universal Ethics Protocol organization
Outside employment where a person has 2 jobs which conflict with each other

20. What is NOT concern relative to outsourcing?
Civil Rights Act of 1964
A grease payment make things that would normally occur happen at a faster rate
Universal Ethics Protocol organization
All are concerns about outsourcing

21. The term quid pro quo related to what issue?
The considerations of large co about the well being of society when they make business decisions
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
A person has the right to remove documents about themselves from government records
Sexual harassment

22. What is NOT a responsibility that should be considreed by businesses?
A person has the right to remove documents about themselves from government records
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Fidiciary
To lower greenhouse gas emissions

23. If a person were to sue a co. for not fulfilling a contractual obligation it would be?
A move toward equality among all races in issues related to environmental hazards
Donated to a candidates campaign
Civil case (feel their rights have been violated)
EEOC (has to do with employment in US)

24. What is NOT a right outlined in the Privacy Act of 1974?
Misstating financial statements
Education
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
A person has the right to remove documents about themselves from government records

25. Who has legal responsibility for a company's actions in a corporation?
Any program which seeks to reverse the effects of any form of discrimination
Education
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Board of Directors

26. 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?
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
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Government regulations are always detrimental because the economy is self-correcting

27. Corporate citizenship?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
The considerations of large co about the well being of society when they make business decisions
Because Dukes could not proves all women employees faced discrimination practices
Oil spill

28. What are conflict diamonds?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Diamonds which are sold with the purpose of funding insurrection or war.
OSHA
Oil spill

29. Which act makes it illegal for US citizens to participate in bribes?
Foreign Corrupt Practices Act
Radioactive products (threat to public safety)
To ensure & protect public health & safety
Product safety regulations - Import tariffs

30. 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?
Stage 4 (people are motivated primarily by authority such as law)
Ad hoc (means for this)
Democratic leadership style
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.

31. What is environmental justice?
A move toward equality among all races in issues related to environmental hazards
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
A maxim must be specific (should be generalized)
An attempt to apply moral & ethical principles to business actions

32. Which co was NOT implicated in the early 2000s?
KPCS (they work to reduce circulation of conflict diamonds)
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Oil spill

33. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
Ethical egosim (states if it benefits the person then it is the right thing to do)
Civil Rights Act of 1964
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Education

34. The FTC was created to monitor which type of regulation?
Laws regulating consumer protection
Civil case (feel their rights have been violated)
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
As part of NAFTA - Canada & US agree to help Mexico in trade matters

35. What statement best describes the difference between corporate intelligence & corpirate espionage?
Monopolies
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
A system of accountability - oversight - & control within the company

36. What act conflicts with the Privacy Act of 1974?
Regulate how a co should manage certain processes that pollute the environment
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Patriot Act
To ensure & protect public health & safety

37. 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?
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Universal Ethics Protocol organization
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.
Stage 2 people are concerned with obtaining rewards

38. Oversight refers to?
Finding ways to eliminate the opportunities for employees to act unethically
To lower greenhouse gas emissions
Radioactive products (threat to public safety)
Stage 1 (person most concerned with avoiding punishment)

39. A business practices underhanded accounting practices to raise stock prices & make money. Which type of ethics does this fall under?
All are stakeholders
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Fidiciary
Economical

40. What statement is TRUE?
A grease payment make things that would normally occur happen at a faster rate
Oil spill
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
Logos - jingles - & brand names can all be ex. of trademarks

41. Arable land is used for?
Farming (suitable for agricultural use)
Consumer (gives customeres more room to manipulate or deceive the business)
Ensure worker safety
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

42. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
Outside employment where a person has 2 jobs which conflict with each other
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Education
Authoritative (leader makes decisions & tells employees what their responsibilities are)

43. Hiring family members would be considered which type of conflict of interest?
Nepotism (considering the interests of family ahead of what is best for the business)
Misstating financial statements
Non-renewal resources
Allows an orgin site to send information to a computers browser

44. 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?
Product safety regulations - Import tariffs
Stage 5 People act because they feel an obligation to society
Education
Stage 1 (person most concerned with avoiding punishment)

45. Ethical & philanthropic responsibilities are important in building?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Civil case (feel their rights have been violated)
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Reputation

46. What is NOT illegal?
Statistical discrimination - Unintentional discrimination
Non-point source contributions
Altruism (refers to placing the needs of another above oneself)
When a person or co. trades goods or services in place of money.

47. What is regulated by FDA?
Radioactive products (threat to public safety)
Allows an orgin site to send information to a computers browser
The considerations of large co about the well being of society when they make business decisions
Foreign Corrupt Practices Act

48. What is the responsibility of the FDA?
A move toward equality among all races in issues related to environmental hazards
Non-renewal resources
To ensure & protect public health & safety
Education

49. What is NOT a type of discrimination investigated by the EEOC?
Education
The primary factor in sexual harassment cases is the intent of the action
Price cancellation
Legal

50. 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?
A piece of code which spreads from computer to computer & can disrupt computer functions.
They can only sell stock amounting to a 10 M value at a time
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Pump & dump