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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.
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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 statement is FALSE about merger between Delta Air Lines & Northwest Airlines in 2008?
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
All are related to government & business interactions
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Equal Employment Opportunity Commission

2. 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?
EEOC (has to do with employment in US)
Product safety regulations - Import tariffs
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
Stage 4 (people are motivated primarily by authority such as law)

3. Which act makes it illegal for US citizens to participate in bribes?
Self reference criterion
Foreign Corrupt Practices Act
Logos - jingles - & brand names can all be ex. of trademarks
OSHA

4. What is NOT an example of how corporate espionage can occur?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Lawyers
Finding ways to eliminate the opportunities for employees to act unethically
All are examples of corporate espionage

5. Considered from an ethical standpoint - MNCs should?
Conform to the highest standards in all businesses whether overseas or not
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Altruism (refers to placing the needs of another above oneself)
All are examples of corporate espionage

6. What is NOT legally required in management relations with labor unions?
Pump & dump
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Universal imperative
That management agrees to terms set forth by labor unions

7. What statement is TRUE?
Education
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Monopolies
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

8. What is NOT concern relative to outsourcing?
Nepotism (considering the interests of family ahead of what is best for the business)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
All are concerns about outsourcing
All are correct guidelines

9. What are conflict diamonds?
Diamonds which are sold with the purpose of funding insurrection or war.
Altruism (refers to placing the needs of another above oneself)
Oil spill
To ensure & protect public health & safety

10. What statement is TRUE?
Logos - jingles - & brand names can all be ex. of trademarks
Non-renewal resources
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Consumer (gives customeres more room to manipulate or deceive the business)

11. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
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
Immanuel Kant
A strong focus on developing core values
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.

12. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Non-point source contributions
Comparable worth
All are stakeholders
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

13. What statement is TRUE?
Misstating financial statements
An effective leader should be able to switch between transformational & transactional leadership styles.
Product - Place - Promotion - & Price
Act utilitarianism (called maximizing utility)

14. A virus is?
A strong focus on developing core values
Diamonds which are sold with the purpose of funding insurrection or war.
A piece of code which spreads from computer to computer & can disrupt computer functions.
When a person is in a position to exploit their power for their own benefit

15. What of the following is TRUE?
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
PACS are organized by SIGs (special interest groups)
Help developing countries stregthen their economics
Conform to the highest standards in all businesses whether overseas or not

16. What type of responsibility is the LEAST regulated?
Philanthropic
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Product safety regulations - Import tariffs
The considerations of large co about the well being of society when they make business decisions

17. What is NOT a benefit which can come to companies as a result of substainable business practices?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Goodwill (good reputation makes co. worth more)
All are possible benefits
When a person is in a position to exploit their power for their own benefit

18. Business ethics is?
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
An attempt to apply moral & ethical principles to business actions
A piece of code which spreads from computer to computer & can disrupt computer functions.
Altruism (refers to placing the needs of another above oneself)

19. Who has legal responsibility for a company's actions in a corporation?
Board of Directors
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
To ensure & protect public health & safety
Authoritative (leader makes decisions & tells employees what their responsibilities are)

20. The EEOC investiges violations of the?
Civil Rights Act of 1964
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)
Education

21. 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?
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Immanuel Kant

22. A lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
Oil spill
Legal
Patriot Act
Reputation

23. 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
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

24. What statement would be the most correct under a classical view of business?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Regulate how a co should manage certain processes that pollute the environment
Government regulations are always detrimental because the economy is self-correcting
To lower greenhouse gas emissions

25. A conflict of interest?
NDA (non-disclosure agreements are legal & binding)
Illegal drugs (drugs are monitored by DEA)
When a person is in a position to exploit their power for their own benefit
Universal imperative

26. A noisy withdrawal would be done by?
Lawyers
Patriot Act
A move toward equality among all races in issues related to environmental hazards
Stage 4 (people are motivated primarily by authority such as law)

27. What would NOT be illegal under the Foreign Corrupt Practices Act?
Legal
Donating money to a humanitarian organizaiton for the purchase of blankets
Goodwill (good reputation makes co. worth more)
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

28. What BEST describes affirmative action?
All are conflicts of interest
Any program which seeks to reverse the effects of any form of discrimination
The only ethical regulation s businesses follow are mandated by the government
Authoritative (leader makes decisions & tells employees what their responsibilities are)

29. What statement is NOT true?
Because Dukes could not proves all women employees faced discrimination practices
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.
Reputation
Outsourcing is unanimously agreed to be a beneficial process.

30. What term is synonymous with philanthropy?
An attempt to apply moral & ethical principles to business actions
Sarbanes-Oxley Act
Altruism (refers to placing the needs of another above oneself)
PACS are organized by SIGs (special interest groups)

31. What act conflicts with the Privacy Act of 1974?
When a person is in a position to exploit their power for their own benefit
Patriot Act
All are correct guidelines
PACS are organized by SIGs (special interest groups)

32. the merger between Delta Air Lines & Northwest Airlines raised concerns about what?
A maxim must be specific (should be generalized)
Economical
Monopolies
Decide the benefits of releasing the software now outweight the costs - & present the product as finished

33. What does EEOC stand for?
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Equal Employment Opportunity Commission
They can only sell stock amounting to a 10 M value at a time
Donating money to a humanitarian organizaiton for the purchase of blankets

34. What moral theory considers the action resulting in the greatest benefit to all people as the most moral action?
Act utilitarianism (called maximizing utility)
All are examples of corporate espionage
Government regulations are always detrimental because the economy is self-correcting
PACS are organized by SIGs (special interest groups)

35. 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
Goodwill (good reputation makes co. worth more)
When a person is in a position to exploit their power for their own benefit
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Equal Employment Opportunity Commission

36. What statement about Corporate Social Responsibility is FALSE?
It is unanimously agreed that there is a dire need for it in todays society
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Universal imperative

37. What theiry claims that person should only act in their own best interst?
Through PACS
Prevent international trade crisis
Money that is donated to political parties for the purpose of party building activities
Ethical egosim (states if it benefits the person then it is the right thing to do)

38. Corporate governance?
The act did all
Altruism (refers to placing the needs of another above oneself)
A system of accountability - oversight - & control within the company
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

39. An ombudsman is?
Allows foreign citizens to bring a citizen of the US to trial in the US
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Pump & dump
An intermediary who investigates complaints against a group

40. What is NOT true of sexual harassment?
The primary factor in sexual harassment cases is the intent of the action
A strong focus on developing core values
Through PACS
Self reference criterion

41. What is NOT a rule for creating maxims under Kantian ethics?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Telling the truth because you think it is the right thing to do
A maxim must be specific (should be generalized)
Laws regulating consumer protection

42. What type of information is complied to answer a specific question?
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Ad hoc (means for this)
All are concerns about outsourcing
All were implicated in scandals (Enron - Coca-Cola - Tyco International)

43. The Kimberley Process Certification Scheme was created to stop the circulation of?
Conflict diamonds
Environmental equilibrium
An attempt to apply moral & ethical principles to business actions
Reputation

44. What is NOT true of NAFTA?
As part of NAFTA - Canada & US agree to help Mexico in trade matters
That management agrees to terms set forth by labor unions
KPCS (they work to reduce circulation of conflict diamonds)
Donated to a candidates campaign

45. The Fair Labor Standards Act?
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Sets forth standards for management in relations with labor unions
Nepotism (considering the interests of family ahead of what is best for the business)
Statistical discrimination - Unintentional discrimination

46. What is a way in which government interventions in the economy can be beneficial to consumers?
Radioactive products (threat to public safety)
All are ways businesses are regulated
Product safety regulations - Import tariffs
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.

47. What statement is TRUE?
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
All would be addressed in an NDA
A grease payment make things that would normally occur happen at a faster rate

48. What is NOT a type of imperative considered under Kantian ethics?
The study of designing more comfortably or easily used equipment
Universal imperative
The primary factor in sexual harassment cases is the intent of the action
Government regulations are always detrimental because the economy is self-correcting

49. Lobbying is?
Equal Employment Opportunity Commission
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

50. What is best ex. of point secure pollution?
Stage 1 (person most concerned with avoiding punishment)
Oil spill
Enquiring about off duty activities
A system of accountability - oversight - & control within the company