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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 is NOT an attempt at creating a universal ethical standard?
Legal
Universal Ethics Protocol organization
All would be addressed in an NDA
All are examples of corporate espionage

2. How many days of notice does the WARN Act require employers to give employees?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
60 days
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Reputation

3. What are conflict diamonds?
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
Diamonds which are sold with the purpose of funding insurrection or war.
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
The study of designing more comfortably or easily used equipment

4. The fact that in many cases a company's worth is greater than the value of its tangible assets is referred to as?
It requires employers to give workers notice before mass layoffs so that they can prepare
Illegal drugs (drugs are monitored by DEA)
Outsourcing is unanimously agreed to be a beneficial process.
Goodwill (good reputation makes co. worth more)

5. Implied falsity?
Statistical discrimination - Unintentional discrimination
Advertising which involves technically true claims which are misleading by nature.
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Philanthropic

6. Which co was NOT implicated in the early 2000s?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
An intermediary who investigates complaints against a group
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Foreign Corrupt Practices Act

7. What is NOT a responsibility that should be considreed by businesses?
Fidiciary
Outsourcing is unanimously agreed to be a beneficial process.
An effective leader should be able to switch between transformational & transactional leadership styles.
Product - Place - Promotion - & Price

8. An ombudsman is?
An intermediary who investigates complaints against a group
Sexual discrimination
It is unanimously agreed that there is a dire need for it in todays society
Patriot Act

9. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
Education
Fidiciary
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

10. What is the purpose of the Kyoto Protocol?
A grease payment make things that would normally occur happen at a faster rate
Finding ways to eliminate the opportunities for employees to act unethically
Ensure worker safety
To lower greenhouse gas emissions

11. What is NOT an example of how corporate espionage can occur?
As part of NAFTA - Canada & US agree to help Mexico in trade matters
All are examples of corporate espionage
Civil case (feel their rights have been violated)
Philanthropic

12. The purpose of the World Bank is?
Nepotism (considering the interests of family ahead of what is best for the business)
All would be addressed in an NDA
A system of accountability - oversight - & control within the company
Help developing countries stregthen their economics

13. What statement is NOT true?
All are related to government & business interactions
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
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.

14. Which act makes it illegal for US citizens to participate in bribes?
Ad hoc (means for this)
The only ethical regulation s businesses follow are mandated by the government
Sexual discrimination
Foreign Corrupt Practices Act

15. What is NOT a regulation for insiders trading stock?
An intermediary who investigates complaints against a group
Telling the truth because you think it is the right thing to do
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
They can only sell stock amounting to a 10 M value at a time

16. What correctly describes the legality of camera surveillance methods in a workplace?
Democratic leadership style
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
That management agrees to terms set forth by labor unions
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

17. 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?
Stage 2 people are concerned with obtaining rewards
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Donated to a candidates campaign

18. What statement is FALSE?
An NDA would be appropriate in all situations
Equal Employment Opportunity Commission
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
The only ethical regulation s businesses follow are mandated by the government

19. What is NOT a reason clinton's attempt at healthcare reform in the early 1990s failed?
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
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.
Non-renewal resources
The act did all

20. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
EEOC (has to do with employment in US)
The act did all
Consumer (gives customeres more room to manipulate or deceive the business)
Government regulations are always detrimental because the economy is self-correcting

21. A stable state economy is in a state of?
Kerr-McGee (plutonium tampering)
Environmental equilibrium
Advertising which involves technically true claims which are misleading by nature.
The primary factor in sexual harassment cases is the intent of the action

22. What best describes rule utilitarianism?
Sexual discrimination
The study of designing more comfortably or easily used equipment
Philanthropic
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

23. 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?
An intermediary who investigates complaints against a group
Allows foreign citizens to bring a citizen of the US to trial in the US
Outsourcing is unanimously agreed to be a beneficial process.
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional

24. What best describes soft money?
Logos - jingles - & brand names can all be ex. of trademarks
It requires employers to give workers notice before mass layoffs so that they can prepare
Money that is donated to political parties for the purpose of party building activities
Price cancellation

25. According to teleological ethics an action's morality is determined based on its consequences?
A grease payment make things that would normally occur happen at a faster rate
Ensure worker safety
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
The considerations of large co about the well being of society when they make business decisions

26. The Fair Labor Standards Act?
OSHA
Sets forth standards for management in relations with labor unions
Lawyers
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

27. What is the responsibility of the FDA?
Price cancellation
To ensure & protect public health & safety
Stage 4 (people are motivated primarily by authority such as law)
Government regulations are always detrimental because the economy is self-correcting

28. What is NOT a way in which business's are regulated?
An intermediary who investigates complaints against a group
All are ways businesses are regulated
They can only sell stock amounting to a 10 M value at a time
Because Dukes could not proves all women employees faced discrimination practices

29. A virus is?
A piece of code which spreads from computer to computer & can disrupt computer functions.
All would be addressed in an NDA
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
An effective leader should be able to switch between transformational & transactional leadership styles.

30. the merger between Delta Air Lines & Northwest Airlines raised concerns about what?
Any program which seeks to reverse the effects of any form of discrimination
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Misstating financial statements
Monopolies

31. What agency does not relate in some manner to international trade?
EEOC (has to do with employment in US)
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
PACS are organized by SIGs (special interest groups)
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

32. What statement would be the most correct under a classical view of business?
EEOC (has to do with employment in US)
A maxim must be specific (should be generalized)
Government regulations are always detrimental because the economy is self-correcting
The considerations of large co about the well being of society when they make business decisions

33. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Non-point source contributions
All are conflicts of interest
Lawyers

34. What is NOT regulated by the FDA?
All are possible benefits
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
As part of NAFTA - Canada & US agree to help Mexico in trade matters
Illegal drugs (drugs are monitored by DEA)

35. Ergonomics is?
Sets forth standards for management in relations with labor unions
Diamonds which are sold with the purpose of funding insurrection or war.
The study of designing more comfortably or easily used equipment
Price cancellation

36. What statement is TRUE?
Logos - jingles - & brand names can all be ex. of trademarks
Lawyers
Reputation
Immanuel Kant

37. Karen Silkwood is associated with?
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
Nepotism (considering the interests of family ahead of what is best for the business)
Kerr-McGee (plutonium tampering)
Donated to a candidates campaign

38. What is NOT illegal?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Nepotism (considering the interests of family ahead of what is best for the business)
Statistical discrimination - Unintentional discrimination

39. Cost benefit considerations would be most typical of what type of ethics?
Stage 2 people are concerned with obtaining rewards
OSHA
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Education

40. What moral theory considers the action resulting in the greatest benefit to all people as the most moral action?
Comparable worth
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Act utilitarianism (called maximizing utility)

41. 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?
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Pump & dump
All are examples of corporate espionage
Finding ways to eliminate the opportunities for employees to act unethically

42. OSHA was created to?
Product safety regulations - Import tariffs
When a person is in a position to exploit their power for their own benefit
Laws regulating consumer protection
Ensure worker safety

43. Considered from an ethical standpoint - MNCs should?
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Facilitating payment
Sarbanes-Oxley Act
Conform to the highest standards in all businesses whether overseas or not

44. What statement best describes the difference between corporate intelligence & corpirate espionage?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
All are possible benefits
All are examples of corporate espionage
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.

45. What is the purpose of the WARN Act?
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Education
Because Dukes could not proves all women employees faced discrimination practices
It requires employers to give workers notice before mass layoffs so that they can prepare

46. What statement BEST describes attitudes toward outsourcing?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Prevent international trade crisis
A person has the right to remove documents about themselves from government records

47. 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)
Reputation
Universal imperative
Fidiciary

48. The Alien Tort Claims Act?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Allows foreign citizens to bring a citizen of the US to trial in the US
Monopolies
A grease payment make things that would normally occur happen at a faster rate

49. What situation would be considered moral under Kantian theory?
The primary factor in sexual harassment cases is the intent of the action
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Telling the truth because you think it is the right thing to do
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

50. What is NOT a legal way for employers to monitor employees?
To lower greenhouse gas emissions
Because Dukes could not proves all women employees faced discrimination practices
Finding ways to eliminate the opportunities for employees to act unethically
Enquiring about off duty activities