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DSST Business Ethics And Society

Subject : dsst

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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. What is NOT regulated by the FDA?
Illegal drugs (drugs are monitored by DEA)
Through PACS
Logos - jingles - & brand names can all be ex. of trademarks
Universal imperative

2. What is true about spam?
Altruism (refers to placing the needs of another above oneself)
Price cancellation
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
All are related to government & business interactions

3. Cost benefit considerations would be most typical of what type of ethics?
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
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
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
A strong focus on developing core values

4. The origins of the FDA can be traces to what ACT?
Conform to the highest standards in all businesses whether overseas or not
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Reputation
Legal

5. What would NOT be illegal under the Foreign Corrupt Practices Act?
An intermediary who investigates complaints against a group
Ethical egosim (states if it benefits the person then it is the right thing to do)
As part of NAFTA - Canada & US agree to help Mexico in trade matters
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

6. What is NOT a form of marketing fraud?
The only ethical regulation s businesses follow are mandated by the government
When a person or co. trades goods or services in place of money.
Misstating financial statements
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

7. The Tyco scandal is associated with which ACT?
Sarbanes-Oxley Act
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.
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Sexual discrimination

8. What is the purpose of the Kyoto Protocol?
To lower greenhouse gas emissions
Product safety regulations - Import tariffs
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

9. What situation would be considered moral under Kantian theory?
Telling the truth because you think it is the right thing to do
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Donating money to a humanitarian organizaiton for the purchase of blankets
Laws regulating consumer protection

10. What is NOT a type of discrimination investigated by the EEOC?
Fidiciary
Self reference criterion
Education
Allows an orgin site to send information to a computers browser

11. The Fair Labor Standards Act?
A system of accountability - oversight - & control within the company
Sets forth standards for management in relations with labor unions
Any program which seeks to reverse the effects of any form of discrimination
Democratic leadership style

12. A conflict of interest?
A grease payment make things that would normally occur happen at a faster rate
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Laws regulating consumer protection
When a person is in a position to exploit their power for their own benefit

13. What statement is TRUE?
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Board of Directors
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
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. What is a way in which government interventions in the economy can be beneficial to consumers?
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Product safety regulations - Import tariffs
Environmental equilibrium
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)

15. Does the Foreign Corrupt Practices Act include grease payments?
A person has the right to remove documents about themselves from government records
Regulate how a co should manage certain processes that pollute the environment
Immanuel Kant
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

16. What is NOT an ex. of social engineering?
Dumpster diving
Lawyers
Sets forth standards for management in relations with labor unions
KPCS (they work to reduce circulation of conflict diamonds)

17. A lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
Legal
Diamonds which are sold with the purpose of funding insurrection or war.
Donating money to a humanitarian organizaiton for the purchase of blankets
Pay raises

18. A manager implements new safety procedures because they feel obligated to protect the safety of their employees. Which of Kolhbergs stages does this describe?
All are related to government & business interactions
Non-point source contributions
Stage 5 People act because they feel an obligation to society
All are conflicts of interest

19. What is NOT true of the WTO?
KPCS (they work to reduce circulation of conflict diamonds)
Reputation
The WTO is governed by a conference of Secretariats with one Secretariat from each country
A move toward equality among all races in issues related to environmental hazards

20. In what situation would an NDA NOT be used?
An NDA would be appropriate in all situations
All are possible benefits
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)

21. What does EEOC stand for?
All are concerns about outsourcing
Outside employment where a person has 2 jobs which conflict with each other
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Equal Employment Opportunity Commission

22. What does NOT focus on increasing the ethical awareness of employees & strengthening the ethical culture of a workplace?
Democratic leadership style
To ensure & protect public health & safety
Act utilitarianism (called maximizing utility)
Act utilitarianism

23. What is NOT an illegal basis of discrimination?
The only ethical regulation s businesses follow are mandated by the government
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Education
Philanthropic

24. Which co was NOT implicated in the early 2000s?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
A piece of code which spreads from computer to computer & can disrupt computer functions.
All are related to government & business interactions
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to

25. What statement is NOT true?
Help developing countries stregthen their economics
A maxim must be specific (should be generalized)
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.
Universal Ethics Protocol organization

26. What agency does not relate in some manner to international trade?
Misstating financial statements
Product - Place - Promotion - & Price
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
EEOC (has to do with employment in US)

27. What is NOT a right outlined in the Privacy Act of 1974?
All would be addressed in an NDA
A person has the right to remove documents about themselves from government records
Discrimination
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

28. Fossil fuels are?
An NDA would be appropriate in all situations
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Non-renewal resources
Environmental equilibrium

29. What is the stakeholder model of corporate governance?
That management agrees to terms set forth by labor unions
Prevent international trade crisis
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
Environmental equilibrium

30. 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?
Altruism (refers to placing the needs of another above oneself)
Post conventional (person is ruled by conscience instead of society)
Non-renewal resources
All are correct guidelines

31. Why did Supreme Court rule in favor of Walmart in the case of Dukes vs Walmart?
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Telling the truth because you think it is the right thing to do
Because Dukes could not proves all women employees faced discrimination practices
Non-point source contributions

32. What type of responsibility is the LEAST regulated?
Philanthropic
Allows foreign citizens to bring a citizen of the US to trial in the US
Act utilitarianism
All are possible benefits

33. What is environmental justice?
That management agrees to terms set forth by labor unions
A move toward equality among all races in issues related to environmental hazards
Oil spill
To lower greenhouse gas emissions

34. What is NOT a legal way for employers to monitor employees?
Conform to the highest standards in all businesses whether overseas or not
Product - Place - Promotion - & Price
Enquiring about off duty activities
A system of accountability - oversight - & control within the company

35. Considered from an ethical standpoint - MNCs should?
Conform to the highest standards in all businesses whether overseas or not
Product safety regulations - Import tariffs
The act did all
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources

36. Lobbying is?
Stage 2 people are concerned with obtaining rewards
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
That management agrees to terms set forth by labor unions
An effective leader should be able to switch between transformational & transactional leadership styles.

37. 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?
Act utilitarianism
Hard money
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
The considerations of large co about the well being of society when they make business decisions

38. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Civil case (feel their rights have been violated)
Allows foreign citizens to bring a citizen of the US to trial in the US

39. Arable land is used for?
Universal Ethics Protocol organization
Altruism (refers to placing the needs of another above oneself)
Farming (suitable for agricultural use)
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

40. What is best ex. of point secure pollution?
Act utilitarianism
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Oil spill
A system of accountability - oversight - & control within the company

41. The EEOC investiges violations of the?
Civil Rights Act of 1964
The WTO is governed by a conference of Secretariats with one Secretariat from each country
A system of accountability - oversight - & control within the company
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

42. What is NOT an agency responsible for protecting workers health?
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Monopolies
Immanuel Kant
KPCS (they work to reduce circulation of conflict diamonds)

43. Implied falsity?
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Advertising which involves technically true claims which are misleading by nature.
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Sexual discrimination

44. 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
Comparable worth
Patriot Act
All are related to government & business interactions

45. Protections for workers from workplace hazard are regulated & mandated by what agency?
OSHA
Outside employment where a person has 2 jobs which conflict with each other
It is unanimously agreed that there is a dire need for it in todays society
Misstating financial statements

46. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
The study of designing more comfortably or easily used equipment
Authoritative (leader makes decisions & tells employees what their responsibilities are)
As part of NAFTA - Canada & US agree to help Mexico in trade matters

47. What statement is NOT true?
Outsourcing is unanimously agreed to be a beneficial process.
Democratic leadership style
A move toward equality among all races in issues related to environmental hazards
Authoritative (leader makes decisions & tells employees what their responsibilities are)

48. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
The act did all
Misstating financial statements
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
Outside employment where a person has 2 jobs which conflict with each other

49. What is NOT a conflict of interest?
All are conflicts of interest
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
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
Pump & dump

50. What is NOT a rule for creating maxims under Kantian ethics?
Kerr-McGee (plutonium tampering)
Help developing countries stregthen their economics
A maxim must be specific (should be generalized)
Conform to the highest standards in all businesses whether overseas or not

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DSST Business Ethics And Society

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