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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 a conflict of interest?
All are conflicts of interest
Monopolies
Illegal drugs (drugs are monitored by DEA)
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional

2. What is NOT regulated by the FDA?
Illegal drugs (drugs are monitored by DEA)
It is unanimously agreed that there is a dire need for it in todays society
Outsourcing is unanimously agreed to be a beneficial process.
All are concerns about outsourcing

3. Utilitarianism is a type of?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
A move toward equality among all races in issues related to environmental hazards
Act utilitarianism (called maximizing utility)
Kerr-McGee (plutonium tampering)

4. What theiry claims that person should only act in their own best interst?
Nepotism (considering the interests of family ahead of what is best for the business)
All are conflicts of interest
Ethical egosim (states if it benefits the person then it is the right thing to do)
Ad hoc (means for this)

5. What is a way in which government interventions in the economy can be beneficial to consumers?
Product safety regulations - Import tariffs
Finding ways to eliminate the opportunities for employees to act unethically
Pump & dump
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

6. Does the Foreign Corrupt Practices Act include grease payments?
Allows foreign citizens to bring a citizen of the US to trial in the US
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Foreign Corrupt Practices Act
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.

7. What statement BEST describes attitudes toward outsourcing?
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Farming (suitable for agricultural use)
All would be addressed in an NDA
Non-renewal resources

8. Lobbying is?
NIMBY (not in my backyard)
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
The act did all
The primary factor in sexual harassment cases is the intent of the action

9. What is NOT a rule for creating maxims under Kantian ethics?
All are related to government & business interactions
A maxim must be specific (should be generalized)
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Price cancellation

10. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
The primary factor in sexual harassment cases is the intent of the action
Sets forth standards for management in relations with labor unions
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

11. What statement is TRUE?
Allows an orgin site to send information to a computers browser
Ad hoc (means for this)
A grease payment make things that would normally occur happen at a faster rate
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

12. The Dukes vs. Walmart case involves which issue?
Prevent international trade crisis
Ad hoc (means for this)
EEOC (has to do with employment in US)
Sexual discrimination

13. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
OSHA
A grease payment make things that would normally occur happen at a faster rate
An attempt to apply moral & ethical principles to business actions
Consumer (gives customeres more room to manipulate or deceive the business)

14. Arable land is used for?
Farming (suitable for agricultural use)
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
A maxim must be specific (should be generalized)
Donated to a candidates campaign

15. Considered from an ethical standpoint - MNCs should?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Statistical discrimination - Unintentional discrimination
Conform to the highest standards in all businesses whether overseas or not
A person has the right to remove documents about themselves from government records

16. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Monopolies

17. Implied falsity?
Conflict diamonds
An effective leader should be able to switch between transformational & transactional leadership styles.
Advertising which involves technically true claims which are misleading by nature.
OSHA

18. A virus is?
Stage 2 people are concerned with obtaining rewards
Non-renewal resources
Sexual harassment
A piece of code which spreads from computer to computer & can disrupt computer functions.

19. What is NOT a legal way for employers to monitor employees?
An intermediary who investigates complaints against a group
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Enquiring about off duty activities
All are correct guidelines

20. What is NOT a result of a shift to the new social contract?
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
They can only sell stock amounting to a 10 M value at a time
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Pay raises

21. In what situation would an NDA NOT be used?
Patriot Act
Nepotism (considering the interests of family ahead of what is best for the business)
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
An NDA would be appropriate in all situations

22. What is environmental justice?
Nepotism (considering the interests of family ahead of what is best for the business)
They can only sell stock amounting to a 10 M value at a time
When a person or co. trades goods or services in place of money.
A move toward equality among all races in issues related to environmental hazards

23. What statement is TRUE?
Money that is donated to political parties for the purpose of party building activities
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
All are related to government & business interactions

24. Business ethics is?
Government regulations are always detrimental because the economy is self-correcting
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
An attempt to apply moral & ethical principles to business actions
A system of accountability - oversight - & control within the company

25. The Kimberley Process Certification Scheme was created to stop the circulation of?
KPCS (they work to reduce circulation of conflict diamonds)
Conflict diamonds
All are examples of corporate espionage
Stage 1 (person most concerned with avoiding punishment)

26. 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
Philanthropic
Product - Place - Promotion - & Price
Allows an orgin site to send information to a computers browser

27. What theory claims that ethical beliefs are determined by the society in which one lives?
Patriot Act
A person has the right to remove documents about themselves from government records
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Philanthropic

28. What is the stakeholder model of corporate governance?
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
The primary factor in sexual harassment cases is the intent of the action
Harris vs. Forklife Systems - Inc
Universal imperative

29. 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?
EEOC (has to do with employment in US)
Stage 1 (person most concerned with avoiding punishment)
All are conflicts of interest
As part of NAFTA - Canada & US agree to help Mexico in trade matters

30. What is NOT an illegal basis of discrimination?
Discrimination
Harris vs. Forklife Systems - Inc
Education
Farming (suitable for agricultural use)

31. An ombudsman is?
Non-point source contributions
Stage 2 people are concerned with obtaining rewards
Allows an orgin site to send information to a computers browser
An intermediary who investigates complaints against a group

32. What is NOT a type of discrimination investigated by the EEOC?
Finding ways to eliminate the opportunities for employees to act unethically
Education
Consumer (gives customeres more room to manipulate or deceive the business)
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.

33. What is NOT related to the interactions that occur between government & business?
Monopolies
All are related to government & business interactions
A maxim must be specific (should be generalized)
Kerr-McGee (plutonium tampering)

34. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Non-point source contributions
To lower greenhouse gas emissions
Laws regulating consumer protection
An attempt to apply moral & ethical principles to business actions

35. 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?
Pump & dump
To lower greenhouse gas emissions
Statistical discrimination - Unintentional discrimination
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

36. What is NOT a form of marketing fraud?
Ethical egosim (states if it benefits the person then it is the right thing to do)
Through PACS
Sarbanes-Oxley Act
Misstating financial statements

37. the merger between Delta Air Lines & Northwest Airlines raised concerns about what?
Lawyers
A piece of code which spreads from computer to computer & can disrupt computer functions.
Monopolies
All are examples of corporate espionage

38. 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?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Non-point source contributions
Act utilitarianism (called maximizing utility)
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional

39. What is NOT an example of an in kind contribution?
Donating money to a humanitarian organizaiton for the purchase of blankets
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
As part of NAFTA - Canada & US agree to help Mexico in trade matters
All were implicated in scandals (Enron - Coca-Cola - Tyco International)

40. What statement is TRUE?
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Allows an orgin site to send information to a computers browser
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

41. What does EEOC stand for?
Board of Directors
Oil spill
NDA (non-disclosure agreements are legal & binding)
Equal Employment Opportunity Commission

42. What is NOT a guideline set forth by Supreme court to be used in creating affirmative action programs?
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Stage 1 (person most concerned with avoiding punishment)
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
All are correct guidelines

43. A business practices underhanded accounting practices to raise stock prices & make money. Which type of ethics does this fall under?
Education
Logos - jingles - & brand names can all be ex. of trademarks
Outsourcing is unanimously agreed to be a beneficial process.
Economical

44. A grease payment can also be called?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Altruism (refers to placing the needs of another above oneself)
Donating money to a humanitarian organizaiton for the purchase of blankets
Facilitating payment

45. What is NOT a way in which business's are regulated?
All are ways businesses are regulated
The considerations of large co about the well being of society when they make business decisions
Immanuel Kant
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to

46. What statement is TRUE?
Ad hoc (means for this)
An effective leader should be able to switch between transformational & transactional leadership styles.
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources

47. What would NOT be addressed in a Non-disclosure agreement?
Civil case (feel their rights have been violated)
An attempt to apply moral & ethical principles to business actions
When a person is in a position to exploit their power for their own benefit
All would be addressed in an NDA

48. What agency does not relate in some manner to international trade?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Lawyers
An attempt to apply moral & ethical principles to business actions
EEOC (has to do with employment in US)

49. What best describes soft money?
Money that is donated to political parties for the purpose of party building activities
All are possible benefits
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.
Outsourcing is unanimously agreed to be a beneficial process.

50. What statement about Corporate Social Responsibility is FALSE?
The primary factor in sexual harassment cases is the intent of the action
It is unanimously agreed that there is a dire need for it in todays society
Farming (suitable for agricultural use)
Civil case (feel their rights have been violated)