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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. What BEST describes the old social contract?
Enquiring about off duty activities
Money that is donated to political parties for the purpose of party building activities
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Telling the truth because you think it is the right thing to do

2. Does the Foreign Corrupt Practices Act include grease payments?
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
NDA (non-disclosure agreements are legal & binding)
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Misstating financial statements

3. 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
Pay raises
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Education
Logos - jingles - & brand names can all be ex. of trademarks

4. What of the following is TRUE?
Ensure worker safety
Money that is donated to political parties for the purpose of party building activities
PACS are organized by SIGs (special interest groups)
When a person is in a position to exploit their power for their own benefit

5. What is NOT a regulation for insiders trading stock?
Consumer (gives customeres more room to manipulate or deceive the business)
They can only sell stock amounting to a 10 M value at a time
Comparable worth
Economical

6. A virus is?
A piece of code which spreads from computer to computer & can disrupt computer functions.
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Equal Employment Opportunity Commission
Allows foreign citizens to bring a citizen of the US to trial in the US

7. A cookie?
60 days
Allows an orgin site to send information to a computers browser
A maxim must be specific (should be generalized)
It requires employers to give workers notice before mass layoffs so that they can prepare

8. What statement is FALSE?
A piece of code which spreads from computer to computer & can disrupt computer functions.
The only ethical regulation s businesses follow are mandated by the government
Fidiciary
Goodwill (good reputation makes co. worth more)

9. According to teleological ethics an action's morality is determined based on its consequences?
Telling the truth because you think it is the right thing to do
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
All are concerns about outsourcing
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

10. What is a way in which government interventions in the economy can be beneficial to consumers?
Outsourcing is unanimously agreed to be a beneficial process.
EEOC (has to do with employment in US)
Product safety regulations - Import tariffs
Allows an orgin site to send information to a computers browser

11. What term is synonymous with philanthropy?
Altruism (refers to placing the needs of another above oneself)
Universal imperative
Through PACS
Goodwill (good reputation makes co. worth more)

12. What correctly describes the legality of camera surveillance methods in a workplace?
60 days
Outside employment where a person has 2 jobs which conflict with each other
All are correct guidelines
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

13. What types of contributions to a political campaign have donations limits imposed by law?
Hard money
Money that is donated to political parties for the purpose of party building activities
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Post conventional (person is ruled by conscience instead of society)

14. A business practices underhanded accounting practices to raise stock prices & make money. Which type of ethics does this fall under?
Economical
When a person is in a position to exploit their power for their own benefit
Random drug testing of employees is allowed in all cases
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.

15. What did the Bipartisan Campaign Reform Act NOT do?
Education
EEOC (has to do with employment in US)
Donating money to a humanitarian organizaiton for the purchase of blankets
The act did all

16. Implied falsity?
Advertising which involves technically true claims which are misleading by nature.
Finding ways to eliminate the opportunities for employees to act unethically
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Through PACS

17. What statement about Corporate Social Responsibility is FALSE?
It is unanimously agreed that there is a dire need for it in todays society
All are ways businesses are regulated
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
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

18. What is NOT a way that government can influence businesses?
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Oil spill
Through PACS
Finding ways to eliminate the opportunities for employees to act unethically

19. Ethical & philanthropic responsibilities are important in building?
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 strong focus on developing core values
Reputation
Comparable worth

20. What is NOT an example of how corporate espionage can occur?
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Logos - jingles - & brand names can all be ex. of trademarks
All are examples of corporate espionage
Universal imperative

21. What group would not be considered a stakeholder?
The act did all
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
All are stakeholders
EEOC (has to do with employment in US)

22. What is a standard that aides companies in improving their environmental practices?
Enquiring about off duty activities
It requires employers to give workers notice before mass layoffs so that they can prepare
Radioactive products (threat to public safety)
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)

23. 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
Finding ways to eliminate the opportunities for employees to act unethically
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Any program which seeks to reverse the effects of any form of discrimination

24. What aid employers in keeping information private?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Government regulations are always detrimental because the economy is self-correcting
NDA (non-disclosure agreements are legal & binding)
All are conflicts of interest

25. What statement is FALSE?
Random drug testing of employees is allowed in all cases
Finding ways to eliminate the opportunities for employees to act unethically
Board of Directors
Farming (suitable for agricultural use)

26. What statement is TRUE?
Ad hoc (means for this)
Altruism (refers to placing the needs of another above oneself)
NIMBY (not in my backyard)
A grease payment make things that would normally occur happen at a faster rate

27. What is NOT an example of an in kind contribution?
An intermediary who investigates complaints against a group
Post conventional (person is ruled by conscience instead of society)
Donating money to a humanitarian organizaiton for the purchase of blankets
Ensure worker safety

28. What is NOT true of sexual harassment?
Price cancellation
Environmental equilibrium
The primary factor in sexual harassment cases is the intent of the action
Goodwill (good reputation makes co. worth more)

29. What does EEOC stand for?
The considerations of large co about the well being of society when they make business decisions
60 days
Environmental equilibrium
Equal Employment Opportunity Commission

30. What is best ex. of point secure pollution?
An attempt to apply moral & ethical principles to business actions
Oil spill
Stage 1 (person most concerned with avoiding punishment)
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

31. What would NOT be illegal under the Foreign Corrupt Practices Act?
Product safety regulations - Import tariffs
Philanthropic
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

32. What statement is TRUE?
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
Stage 2 people are concerned with obtaining rewards
An effective leader should be able to switch between transformational & transactional leadership styles.
Product safety regulations - Import tariffs

33. What statement would be the most correct under a classical view of business?
Government regulations are always detrimental because the economy is self-correcting
Diamonds which are sold with the purpose of funding insurrection or war.
Comparable worth
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)

34. What is NOT a type of imperative considered under Kantian ethics?
Reputation
Self reference criterion
Fidiciary
Universal imperative

35. The origins of the FDA can be traces to what ACT?
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Civil Rights Act of 1964
Universal Ethics Protocol organization
When a lawyer withdraws legal representation for their client & notifies the proper authorities

36. What moral theory considers the action resulting in the greatest benefit to all people as the most moral action?
All are examples of corporate espionage
Act utilitarianism (called maximizing utility)
Ethical egosim (states if it benefits the person then it is the right thing to do)
Sexual harassment

37. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
Price cancellation
An effective leader should be able to switch between transformational & transactional leadership styles.
Ad hoc (means for this)
A strong focus on developing core values

38. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
Outside employment where a person has 2 jobs which conflict with each other
A grease payment make things that would normally occur happen at a faster rate
Allows an orgin site to send information to a computers browser
An NDA would be appropriate in all situations

39. Fossil fuels are?
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
The primary factor in sexual harassment cases is the intent of the action
Non-renewal resources
A system of accountability - oversight - & control within the company

40. 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?
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
An NDA would be appropriate in all situations
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Statistical discrimination - Unintentional discrimination

41. What is NOT a legal way for employers to monitor employees?
Enquiring about off duty activities
Laws regulating consumer protection
Monopolies
Ensure worker safety

42. The Dukes vs. Walmart case involves which issue?
All are possible benefits
Sexual discrimination
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Random drug testing of employees is allowed in all cases

43. What does NOT focus on increasing the ethical awareness of employees & strengthening the ethical culture of a workplace?
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.
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Democratic leadership style

44. What statement is TRUE?
An effective leader should be able to switch between transformational & transactional leadership styles.
Ad hoc (means for this)
That management agrees to terms set forth by labor unions
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources

45. What is NOT related to the interactions that occur between government & business?
All are related to government & business interactions
Post conventional (person is ruled by conscience instead of society)
Authoritative (leader makes decisions & tells employees what their responsibilities are)
An NDA would be appropriate in all situations

46. What would NOT be addressed in a Non-disclosure agreement?
All would be addressed in an NDA
All are correct guidelines
Telling the truth because you think it is the right thing to do
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

47. What is the four P's of advertising?
When a person is in a position to exploit their power for their own benefit
When a person or co. trades goods or services in place of money.
Product - Place - Promotion - & Price
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

48. The intent of the Sarbanes-Oxley Act was to?
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Civil Rights Act of 1964
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Facilitating payment

49. What is the purpose of the WARN Act?
To lower greenhouse gas emissions
Altruism (refers to placing the needs of another above oneself)
It requires employers to give workers notice before mass layoffs so that they can prepare
Consumer (gives customeres more room to manipulate or deceive the business)

50. The purpose of the World Bank is?
Conform to the highest standards in all businesses whether overseas or not
Pump & dump
Help developing countries stregthen their economics
When a lawyer withdraws legal representation for their client & notifies the proper authorities

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DSST Business Ethics And Society

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