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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 purpose of the International Monetary Fund?
Prevent international trade crisis
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
A strong focus on developing core values

2. What did the Bipartisan Campaign Reform Act NOT do?
All are examples of corporate espionage
The act did all
An NDA would be appropriate in all situations
As part of NAFTA - Canada & US agree to help Mexico in trade matters

3. What is NOT a responsibility that should be considreed by businesses?
Board of Directors
Fidiciary
Misstating financial statements
Help developing countries stregthen their economics

4. What is NOT illegal?
Statistical discrimination - Unintentional discrimination
Telling the truth because you think it is the right thing to do
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.

5. What is NOT a reason clinton's attempt at healthcare reform in the early 1990s failed?
A person has the right to remove documents about themselves from government records
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Authoritative (leader makes decisions & tells employees what their responsibilities are)

6. What is a way in which government interventions in the economy can be beneficial to consumers?
Product safety regulations - Import tariffs
Sexual harassment
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

7. A conflict of interest?
Civil case (feel their rights have been violated)
When a person is in a position to exploit their power for their own benefit
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Discrimination

8. What statement is NOT 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.
Ethical egosim (states if it benefits the person then it is the right thing to do)
Outsourcing is unanimously agreed to be a beneficial process.
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

9. Which act makes it illegal for US citizens to participate in bribes?
Non-point source contributions
Foreign Corrupt Practices Act
That management agrees to terms set forth by labor unions
Self reference criterion

10. What is NOT a form of marketing fraud?
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Misstating financial statements
Help developing countries stregthen their economics
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.

11. Karen Silkwood is associated with?
An NDA would be appropriate in all situations
A piece of code which spreads from computer to computer & can disrupt computer functions.
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Kerr-McGee (plutonium tampering)

12. Corporate governance?
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 system of accountability - oversight - & control within the company
Education
Because Dukes could not proves all women employees faced discrimination practices

13. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
Sets forth standards for management in relations with labor unions
Equal Employment Opportunity Commission
60 days
Consumer (gives customeres more room to manipulate or deceive the business)

14. The EEOC investiges violations of the?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Democratic leadership style
Civil Rights Act of 1964
All would be addressed in an NDA

15. In what situation would an NDA NOT be used?
Oil spill
An NDA would be appropriate in all situations
All are correct guidelines
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

16. What group would not be considered a stakeholder?
Allows foreign citizens to bring a citizen of the US to trial in the US
Post conventional (person is ruled by conscience instead of society)
Discrimination
All are stakeholders

17. What types of contributions to a political campaign have donations limits imposed by law?
Hard money
Stage 5 People act because they feel an obligation to society
Pump & dump
Democratic leadership style

18. The Alien Tort Claims Act?
Allows foreign citizens to bring a citizen of the US to trial in the US
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
60 days

19. What act conflicts with the Privacy Act of 1974?
Product - Place - Promotion - & Price
Civil case (feel their rights have been violated)
Act utilitarianism (called maximizing utility)
Patriot Act

20. Utilitarianism is a type of?
All are possible benefits
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
The considerations of large co about the well being of society when they make business decisions
Price cancellation

21. 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
Legal
Advertising which involves technically true claims which are misleading by nature.
A piece of code which spreads from computer to computer & can disrupt computer functions.

22. What is NOT an example of how corporate espionage can occur?
All are possible benefits
All are examples of corporate espionage
Money that is donated to political parties for the purpose of party building activities
Donated to a candidates campaign

23. If a person were to sue a co. for not fulfilling a contractual obligation it would be?
Civil case (feel their rights have been violated)
It is unanimously agreed that there is a dire need for it in todays society
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
A move toward equality among all races in issues related to environmental hazards

24. 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?
Stage 1 (person most concerned with avoiding punishment)
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Comparable worth
Allows foreign citizens to bring a citizen of the US to trial in the US

25. Command & control regulations?
Sexual harassment
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)
All are examples of corporate espionage

26. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Stage 4 (people are motivated primarily by authority such as law)
Radioactive products (threat to public safety)
A strong focus on developing core values

27. What is NOT a legal way for employers to monitor employees?
Dumpster diving
Enquiring about off duty activities
A maxim must be specific (should be generalized)
A grease payment make things that would normally occur happen at a faster rate

28. What statement is TRUE?
Money that is donated to political parties for the purpose of party building activities
Monopolies
Logos - jingles - & brand names can all be ex. of trademarks
Nepotism (considering the interests of family ahead of what is best for the business)

29. What is NOT a rule for creating maxims under Kantian ethics?
Ad hoc (means for this)
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Facilitating payment
A maxim must be specific (should be generalized)

30. What statement about Corporate Social Responsibility is FALSE?
Self reference criterion
It is unanimously agreed that there is a dire need for it in todays society
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
When a person or co. trades goods or services in place of money.

31. Why did Supreme Court rule in favor of Walmart in the case of Dukes vs Walmart?
It is unanimously agreed that there is a dire need for it in todays society
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Because Dukes could not proves all women employees faced discrimination practices
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)

32. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
Education
Ethical egosim (states if it benefits the person then it is the right thing to do)
Altruism (refers to placing the needs of another above oneself)
Outside employment where a person has 2 jobs which conflict with each other

33. What is NOT concern relative to outsourcing?
Stage 5 People act because they feel an obligation to society
Act utilitarianism
All are concerns about outsourcing
60 days

34. What is the stakeholder model of corporate governance?
To ensure & protect public health & safety
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
A person has the right to remove documents about themselves from government records
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

35. What is best ex. of point secure pollution?
Patriot Act
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Oil spill
The WTO is governed by a conference of Secretariats with one Secretariat from each country

36. The FTC was created to monitor which type of regulation?
All are examples of corporate espionage
Laws regulating consumer protection
Non-point source contributions
Goodwill (good reputation makes co. worth more)

37. Ethical & philanthropic responsibilities are important in building?
Ad hoc (means for this)
A system of accountability - oversight - & control within the company
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
Reputation

38. What does NOT focus on increasing the ethical awareness of employees & strengthening the ethical culture of a workplace?
Democratic leadership style
Logos - jingles - & brand names can all be ex. of trademarks
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Legal

39. Oversight refers to?
It requires employers to give workers notice before mass layoffs so that they can prepare
Conflict diamonds
Legal
Finding ways to eliminate the opportunities for employees to act unethically

40. 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
Education
Patriot Act
OSHA

41. What theiry claims that person should only act in their own best interst?
To ensure & protect public health & safety
Ethical egosim (states if it benefits the person then it is the right thing to do)
Donating money to a humanitarian organizaiton for the purchase of blankets
KPCS (they work to reduce circulation of conflict diamonds)

42. 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)
Harris vs. Forklife Systems - Inc
Environmental equilibrium
NDA (non-disclosure agreements are legal & binding)

43. According to teleological ethics an action's morality is determined based on its consequences?
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Illegal drugs (drugs are monitored by DEA)
Donated to a candidates campaign
A person has the right to remove documents about themselves from government records

44. What moral theory is NOT consequentialist?
Board of Directors
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
Advertising which involves technically true claims which are misleading by nature.
Kantian ethics (is deontological determines morality based on the morality of the action itself)

45. What is NOT regulated by the FDA?
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 related to government & business interactions
Product - Place - Promotion - & Price
Illegal drugs (drugs are monitored by DEA)

46. What is NOT a regulation for insiders trading stock?
They can only sell stock amounting to a 10 M value at a time
Nepotism (considering the interests of family ahead of what is best for the business)
Stage 2 people are concerned with obtaining rewards
All are correct guidelines

47. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
Facilitating payment
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Regulate how a co should manage certain processes that pollute the environment
Self reference criterion

48. A manager implements new safety procedures because they feel obligated to protect the safety of their employees. Which of Kolhbergs stages does this describe?
Donating money to a humanitarian organizaiton for the purchase of blankets
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Stage 5 People act because they feel an obligation to society
Outsourcing is unanimously agreed to be a beneficial process.

49. What is true about spam?
EEOC (has to do with employment in US)
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Illegal drugs (drugs are monitored by DEA)
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

50. What aid employers in keeping information private?
Radioactive products (threat to public safety)
NDA (non-disclosure agreements are legal & binding)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
All would be addressed in an NDA

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