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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.
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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. The Dukes vs. Walmart case involves which issue?
All are conflicts of interest
Help developing countries stregthen their economics
Sexual discrimination
Sarbanes-Oxley Act

2. Considered from an ethical standpoint - MNCs should?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Civil case (feel their rights have been violated)
Conform to the highest standards in all businesses whether overseas or not
Facilitating payment

3. What is NOT a type of discrimination investigated by the EEOC?
All are correct guidelines
Fidiciary
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Education

4. A manager implements new safety procedures because they feel obligated to protect the safety of their employees. Which of Kolhbergs stages does this describe?
Farming (suitable for agricultural use)
Immanuel Kant
Any program which seeks to reverse the effects of any form of discrimination
Stage 5 People act because they feel an obligation to society

5. Ergonomics is?
Misstating financial statements
It is unanimously agreed that there is a dire need for it in todays society
The study of designing more comfortably or easily used equipment
Civil Rights Act of 1964

6. The FTC was created to monitor which type of regulation?
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
As part of NAFTA - Canada & US agree to help Mexico in trade matters
When a person or co. trades goods or services in place of money.
Laws regulating consumer protection

7. 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?
To lower greenhouse gas emissions
Civil Rights Act of 1964
Comparable worth
The only ethical regulation s businesses follow are mandated by the government

8. Noisy withdrawal is?
EEOC (has to do with employment in US)
When a lawyer withdraws legal representation for their client & notifies the proper authorities
OSHA
Allows foreign citizens to bring a citizen of the US to trial in the US

9. What is NOT a regulation for insiders trading stock?
All would be addressed in an NDA
Advertising which involves technically true claims which are misleading by nature.
They can only sell stock amounting to a 10 M value at a time
Sarbanes-Oxley Act

10. What is a way in which government interventions in the economy can be beneficial to consumers?
Donating money to a humanitarian organizaiton for the purchase of blankets
Product safety regulations - Import tariffs
A system of accountability - oversight - & control within the company
Monopolies

11. What term is synonymous with philanthropy?
Altruism (refers to placing the needs of another above oneself)
Telling the truth because you think it is the right thing to do
Act utilitarianism
Non-renewal resources

12. The purpose of the World Bank is?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Stage 4 (people are motivated primarily by authority such as law)
Legal
Help developing countries stregthen their economics

13. What statement is TRUE?
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Outsourcing is unanimously agreed to be a beneficial process.
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
KPCS (they work to reduce circulation of conflict diamonds)

14. An ombudsman is?
An intermediary who investigates complaints against a group
Board of Directors
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Nepotism (considering the interests of family ahead of what is best for the business)

15. Does the Foreign Corrupt Practices Act include grease payments?
Illegal drugs (drugs are monitored by DEA)
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Fidiciary
Logos - jingles - & brand names can all be ex. of trademarks

16. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
All are correct guidelines
A strong focus on developing core values
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Legal

17. The intent of the Sarbanes-Oxley Act was to?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Immanuel Kant
Philanthropic
KPCS (they work to reduce circulation of conflict diamonds)

18. What are conflict diamonds?
Diamonds which are sold with the purpose of funding insurrection or war.
OSHA
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Ensure worker safety

19. What statement is FALSE?
Legal
All are conflicts of interest
The only ethical regulation s businesses follow are mandated by the government
Prevent international trade crisis

20. What is NOT an ex. of social engineering?
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Dumpster diving
Nepotism (considering the interests of family ahead of what is best for the business)
Legal

21. What is NOT a form of marketing fraud?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Misstating financial statements
Democratic leadership style
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.

22. What type of information is complied to answer a specific question?
Any program which seeks to reverse the effects of any form of discrimination
Ad hoc (means for this)
Comparable worth
Ethical egosim (states if it benefits the person then it is the right thing to do)

23. What statement is 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.
An effective leader should be able to switch between transformational & transactional leadership styles.
Fidiciary
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources

24. What is NOT a responsibility that should be considreed by businesses?
Fidiciary
The study of designing more comfortably or easily used equipment
Stage 2 people are concerned with obtaining rewards
Lawyers

25. What would NOT be illegal under the Foreign Corrupt Practices Act?
Fidiciary
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
When a person is in a position to exploit their power for their own benefit
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

26. What types of contributions to a political campaign have donations limits imposed by law?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
All are stakeholders
Hard money
It requires employers to give workers notice before mass layoffs so that they can prepare

27. Hiring family members would be considered which type of conflict of interest?
Donating money to a humanitarian organizaiton for the purchase of blankets
Nepotism (considering the interests of family ahead of what is best for the business)
Conflict diamonds
Telling the truth because you think it is the right thing to do

28. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Authoritative (leader makes decisions & tells employees what their responsibilities are)
All are examples of corporate espionage

29. A business practices underhanded accounting practices to raise stock prices & make money. Which type of ethics does this fall under?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Altruism (refers to placing the needs of another above oneself)
Economical
Universal imperative

30. What does NOT focus on increasing the ethical awareness of employees & strengthening the ethical culture of a workplace?
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.
Democratic leadership style
EEOC (has to do with employment in US)
Environmental equilibrium

31. What does EEOC stand for?
Equal Employment Opportunity Commission
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
All are ways businesses are regulated
All were implicated in scandals (Enron - Coca-Cola - Tyco International)

32. What is a standard that aides companies in improving their environmental practices?
Environmental equilibrium
Environmental equilibrium
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Altruism (refers to placing the needs of another above oneself)

33. What is NOT true of sexual harassment?
All are ways businesses are regulated
Goodwill (good reputation makes co. worth more)
Outsourcing is unanimously agreed to be a beneficial process.
The primary factor in sexual harassment cases is the intent of the action

34. If people object to something being built near their homes it is referred to as?
Product safety regulations - Import tariffs
Illegal drugs (drugs are monitored by DEA)
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
NIMBY (not in my backyard)

35. If a resource is used at the same rate at which it can be replenished it is describes as?
OSHA
Stage 1 (person most concerned with avoiding punishment)
Stage 4 (people are motivated primarily by authority such as law)
Environmental equilibrium

36. What BEST describes affirmative action?
Prevent international trade crisis
60 days
Any program which seeks to reverse the effects of any form of discrimination
Legal

37. What term describes a moral theory which derives morality from actions?
Prevent international trade crisis
An intermediary who investigates complaints against a group
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
An effective leader should be able to switch between transformational & transactional leadership styles.

38. A lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
An attempt to apply moral & ethical principles to business actions
60 days
Legal
Monopolies

39. The Alien Tort Claims Act?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Allows foreign citizens to bring a citizen of the US to trial in the US
Farming (suitable for agricultural use)
Prevent international trade crisis

40. The fact that in many cases a company's worth is greater than the value of its tangible assets is referred to as?
Universal Ethics Protocol organization
Reputation
All are ways businesses are regulated
Goodwill (good reputation makes co. worth more)

41. What is NOT an attempt at creating a universal ethical standard?
Facilitating payment
Universal Ethics Protocol organization
EEOC (has to do with employment in US)
Farming (suitable for agricultural use)

42. What of the following is TRUE?
Conform to the highest standards in all businesses whether overseas or not
Stage 5 People act because they feel an obligation to society
Misstating financial statements
PACS are organized by SIGs (special interest groups)

43. What statement is TRUE?
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
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
Any program which seeks to reverse the effects of any form of discrimination
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)

44. What situation would be considered moral under Kantian theory?
Post conventional (person is ruled by conscience instead of society)
An NDA would be appropriate in all situations
Telling the truth because you think it is the right thing to do
Legal

45. The origins of the FDA can be traces to what ACT?
Philanthropic
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
All were implicated in scandals (Enron - Coca-Cola - Tyco International)

46. 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
Outsourcing is unanimously agreed to be a beneficial process.
Stage 5 People act because they feel an obligation to society
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.

47. Lobbying is?
Statistical discrimination - Unintentional discrimination
The study of designing more comfortably or easily used equipment
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.
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to

48. What is NOT legally required in management relations with labor unions?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Prevent international trade crisis
That management agrees to terms set forth by labor unions
It requires employers to give workers notice before mass layoffs so that they can prepare

49. Who has legal responsibility for a company's actions in a corporation?
Equal Employment Opportunity Commission
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Board of Directors
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

50. What statement about Corporate Social Responsibility is FALSE?
Kerr-McGee (plutonium tampering)
It is unanimously agreed that there is a dire need for it in todays society
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
They can only sell stock amounting to a 10 M value at a time