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DSST Business Ethics And Society

Subject : dsst

Instructions:

Answer 50 questions in 15 minutes.
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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 Fair Labor Standards Act?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
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
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Sets forth standards for management in relations with labor unions

2. What statement is TRUE?
Misstating financial statements
Stage 5 People act because they feel an obligation to society
An effective leader should be able to switch between transformational & transactional leadership styles.
Money that is donated to political parties for the purpose of party building activities

3. The FTC was created to monitor which type of regulation?
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 are stakeholders
All are concerns about outsourcing
Laws regulating consumer protection

4. What BEST describes affirmative action?
Any program which seeks to reverse the effects of any form of discrimination
Stage 4 (people are motivated primarily by authority such as law)
Fidiciary
Help developing countries stregthen their economics

5. What is NOT related to the interactions that occur between government & business?
All are possible benefits
NIMBY (not in my backyard)
OSHA
All are related to government & business interactions

6. What is the stakeholder model of corporate governance?
Environmental equilibrium
Non-renewal resources
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
Allows an orgin site to send information to a computers browser

7. What is NOT a benefit which can come to companies as a result of substainable business practices?
When a person is in a position to exploit their power for their own benefit
A grease payment make things that would normally occur happen at a faster rate
Oil spill
All are possible benefits

8. What is environmental justice?
Legal
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
A move toward equality among all races in issues related to environmental hazards
Civil Rights Act of 1964

9. What agency does not relate in some manner to international trade?
Non-point source contributions
All are concerns about outsourcing
60 days
EEOC (has to do with employment in US)

10. 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?
All are related to government & business interactions
All are concerns about outsourcing
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
To ensure & protect public health & safety

11. Lobbying is?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Education
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

12. What is NOT a legal way for employers to monitor employees?
Environmental equilibrium
NIMBY (not in my backyard)
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Enquiring about off duty activities

13. A noisy withdrawal would be done by?
Prevent international trade crisis
Lawyers
The act did all
Discrimination

14. What is NOT an attempt at creating a universal ethical standard?
Statistical discrimination - Unintentional discrimination
Universal Ethics Protocol organization
An intermediary who investigates complaints against a group
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

15. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
Goodwill (good reputation makes co. worth more)
A strong focus on developing core values
The considerations of large co about the well being of society when they make business decisions
Outsourcing is unanimously agreed to be a beneficial process.

16. What case established that is was how actions were interpreted that matter in sexual harassment cases?
Harris vs. Forklife Systems - Inc
Conflict diamonds
Stage 2 people are concerned with obtaining rewards
Illegal drugs (drugs are monitored by DEA)

17. 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
Misstating financial statements
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

18. What type of information is complied to answer a specific question?
Ad hoc (means for this)
A person has the right to remove documents about themselves from government records
Stage 5 People act because they feel an obligation to society
Comparable worth

19. What statement is TRUE?
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
The only ethical regulation s businesses follow are mandated by the government
Stage 4 (people are motivated primarily by authority such as law)

20. OSHA was created to?
Self reference criterion
Prevent international trade crisis
Regulate how a co should manage certain processes that pollute the environment
Ensure worker safety

21. What is the purpose of the Kyoto Protocol?
To lower greenhouse gas emissions
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
To ensure & protect public health & safety
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)

22. In what situation would an NDA NOT be used?
The study of designing more comfortably or easily used equipment
An NDA would be appropriate in all situations
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
When a person is in a position to exploit their power for their own benefit

23. 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?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Stage 2 people are concerned with obtaining rewards
Help developing countries stregthen their economics
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

24. What best describes soft money?
Diamonds which are sold with the purpose of funding insurrection or war.
Pump & dump
Money that is donated to political parties for the purpose of party building activities
60 days

25. If a resource is used at the same rate at which it can be replenished it is describes as?
60 days
Environmental equilibrium
Allows foreign citizens to bring a citizen of the US to trial in the US
Nepotism (considering the interests of family ahead of what is best for the business)

26. What is NOT an agency responsible for protecting workers health?
PACS are organized by SIGs (special interest groups)
Equal Employment Opportunity Commission
All would be addressed in an NDA
KPCS (they work to reduce circulation of conflict diamonds)

27. What of the following is TRUE?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
A piece of code which spreads from computer to computer & can disrupt computer functions.
Philanthropic
PACS are organized by SIGs (special interest groups)

28. Cost benefit considerations would be most typical of what type of ethics?
That management agrees to terms set forth by labor unions
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Product - Place - Promotion - & Price

29. What types of contributions to a political campaign have donations limits imposed by law?
Hard money
Comparable worth
Monopolies
Democratic leadership style

30. The Alien Tort Claims Act?
Allows foreign citizens to bring a citizen of the US to trial in the US
Government regulations are always detrimental because the economy is self-correcting
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
All are possible benefits

31. What group would not be considered a stakeholder?
Education
Universal imperative
All are stakeholders
Allows foreign citizens to bring a citizen of the US to trial in the US

32. What would NOT be illegal under the Foreign Corrupt Practices Act?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
NDA (non-disclosure agreements are legal & binding)
A maxim must be specific (should be generalized)
Education

33. Why did Supreme Court rule in favor of Walmart in the case of Dukes vs Walmart?
Because Dukes could not proves all women employees faced discrimination practices
Universal imperative
Prevent international trade crisis
Finding ways to eliminate the opportunities for employees to act unethically

34. Corporate governance?
Act utilitarianism (called maximizing utility)
Sexual harassment
A system of accountability - oversight - & control within the company
Allows foreign citizens to bring a citizen of the US to trial in the US

35. The perceived 'us' vs. 'them' mentality that emerges when doing business with different cultures is referred to?
Civil Rights Act of 1964
Self reference criterion
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)

36. If people object to something being built near their homes it is referred to as?
NIMBY (not in my backyard)
Help developing countries stregthen their economics
Dumpster diving
Civil Rights Act of 1964

37. What statement is TRUE?
Because Dukes could not proves all women employees faced discrimination practices
Misstating financial statements
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

38. Who has legal responsibility for a company's actions in a corporation?
Board of Directors
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Random drug testing of employees is allowed in all cases

39. What act conflicts with the Privacy Act of 1974?
Equal Employment Opportunity Commission
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Radioactive products (threat to public safety)
Patriot Act

40. What is true about spam?
Harris vs. Forklife Systems - Inc
Education
Laws regulating consumer protection
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

41. 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)
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Statistical discrimination - Unintentional discrimination

42. If a person were to sue a co. for not fulfilling a contractual obligation it would be?
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
A strong focus on developing core values
Civil case (feel their rights have been violated)
When a person or co. trades goods or services in place of money.

43. Does the Foreign Corrupt Practices Act include grease payments?
Any program which seeks to reverse the effects of any form of discrimination
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
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
A system of accountability - oversight - & control within the company

44. What moral theory is NOT consequentialist?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
All are stakeholders
That management agrees to terms set forth by labor unions
Kantian ethics (is deontological determines morality based on the morality of the action itself)

45. What type of responsibility is the LEAST regulated?
Philanthropic
Education
A move toward equality among all races in issues related to environmental hazards
Patriot Act

46. What is the purpose of the WARN Act?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
It requires employers to give workers notice before mass layoffs so that they can prepare
The study of designing more comfortably or easily used equipment
All are concerns about outsourcing

47. The Tyco scandal is associated with which ACT?
Sarbanes-Oxley Act
Education
Kantian ethics (is deontological determines morality based on the morality of the action itself)
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.

48. Implied falsity?
Advertising which involves technically true claims which are misleading by nature.
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Dumpster diving
All would be addressed in an NDA

49. What is NOT an ex. of social engineering?
Dumpster diving
Through PACS
Post conventional (person is ruled by conscience instead of society)
Illegal drugs (drugs are monitored by DEA)

50. Ergonomics is?
The primary factor in sexual harassment cases is the intent of the action
Stage 2 people are concerned with obtaining rewards
Authoritative (leader makes decisions & tells employees what their responsibilities are)
The study of designing more comfortably or easily used equipment

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DSST Business Ethics And Society

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