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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 statement is NOT true?
Outsourcing is unanimously agreed to be a beneficial process.
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Monopolies

2. What BEST describes affirmative action?
They can only sell stock amounting to a 10 M value at a time
Pump & dump
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.
Any program which seeks to reverse the effects of any form of discrimination

3. Which co was NOT implicated in the early 2000s?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Donating money to a humanitarian organizaiton for the purchase of blankets
Radioactive products (threat to public safety)
To lower greenhouse gas emissions

4. If a person were to sue a co. for not fulfilling a contractual obligation it would be?
Nepotism (considering the interests of family ahead of what is best for the business)
Help developing countries stregthen their economics
Civil case (feel their rights have been violated)
A piece of code which spreads from computer to computer & can disrupt computer functions.

5. Noisy withdrawal is?
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Environmental equilibrium
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)

6. What is NOT true of the WTO?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Stage 4 (people are motivated primarily by authority such as law)
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Kerr-McGee (plutonium tampering)

7. What best describes in kind contribution?
When a person or co. trades goods or services in place of money.
Conflict diamonds
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
An attempt to apply moral & ethical principles to business actions

8. The purpose of the World Bank is?
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Kantian ethics (is deontological determines morality based on the morality of the action itself)
A move toward equality among all races in issues related to environmental hazards
Help developing countries stregthen their economics

9. What statement is FALSE?
All are examples of corporate espionage
The only ethical regulation s businesses follow are mandated by the government
Civil case (feel their rights have been violated)
All are possible benefits

10. What would NOT be addressed in a Non-disclosure agreement?
The only ethical regulation s businesses follow are mandated by the government
Consumer (gives customeres more room to manipulate or deceive the business)
To lower greenhouse gas emissions
All would be addressed in an NDA

11. What BEST describes the old social contract?
Dumpster diving
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Goodwill (good reputation makes co. worth more)
Sarbanes-Oxley Act

12. A conflict of interest?
When a person is in a position to exploit their power for their own benefit
Finding ways to eliminate the opportunities for employees to act unethically
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Because Dukes could not proves all women employees faced discrimination practices

13. What is NOT regulated by the FDA?
Illegal drugs (drugs are monitored by DEA)
Altruism (refers to placing the needs of another above oneself)
Pump & dump
Kerr-McGee (plutonium tampering)

14. What is regulated by FDA?
Radioactive products (threat to public safety)
Act utilitarianism (called maximizing utility)
Democratic leadership style
Logos - jingles - & brand names can all be ex. of trademarks

15. The EEOC investiges violations of the?
Conflict diamonds
Any program which seeks to reverse the effects of any form of discrimination
Civil Rights Act of 1964
Environmental equilibrium

16. What statement would be the most correct under a classical view of business?
Government regulations are always detrimental because the economy is self-correcting
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
The study of designing more comfortably or easily used equipment

17. What statement BEST describes attitudes toward outsourcing?
Immanuel Kant
Pump & dump
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
All are stakeholders

18. What term describes a moral theory which derives morality from actions?
Product safety regulations - Import tariffs
Donating money to a humanitarian organizaiton for the purchase of blankets
Philanthropic
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)

19. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Logos - jingles - & brand names can all be ex. of trademarks
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Non-point source contributions
An NDA would be appropriate in all situations

20. What is the stakeholder model of corporate governance?
All are examples of corporate espionage
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
All are related to government & business interactions
Prevent international trade crisis

21. A manager implements new safety procedures because they feel obligated to protect the safety of their employees. Which of Kolhbergs stages does this describe?
Stage 5 People act because they feel an obligation to society
60 days
When a lawyer withdraws legal representation for their client & notifies the proper authorities
A person has the right to remove documents about themselves from government records

22. Lobbying is?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Stage 4 (people are motivated primarily by authority such as law)

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?
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
Money that is donated to political parties for the purpose of party building activities
Act utilitarianism
Enquiring about off duty activities

24. Oversight refers to?
Post conventional (person is ruled by conscience instead of society)
Finding ways to eliminate the opportunities for employees to act unethically
Enquiring about off duty activities
Stage 5 People act because they feel an obligation to society

25. If people object to something being built near their homes it is referred to as?
Comparable worth
NIMBY (not in my backyard)
All are stakeholders
Goodwill (good reputation makes co. worth more)

26. The perceived 'us' vs. 'them' mentality that emerges when doing business with different cultures is referred to?
Donated to a candidates campaign
Non-point source contributions
Any program which seeks to reverse the effects of any form of discrimination
Self reference criterion

27. How many days of notice does the WARN Act require employers to give employees?
60 days
Universal Ethics Protocol organization
Statistical discrimination - Unintentional discrimination
Allows an orgin site to send information to a computers browser

28. The Alien Tort Claims Act?
That management agrees to terms set forth by labor unions
Ad hoc (means for this)
Allows foreign citizens to bring a citizen of the US to trial in the US
Consumer (gives customeres more room to manipulate or deceive the business)

29. 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.
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Equal Employment Opportunity Commission
NIMBY (not in my backyard)

30. What is NOT illegal?
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Statistical discrimination - Unintentional discrimination
Universal imperative
Act utilitarianism

31. OSHA was created to?
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Outside employment where a person has 2 jobs which conflict with each other
Ensure worker safety

32. What statement is TRUE?
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
A person has the right to remove documents about themselves from government records
Sexual discrimination
Dumpster diving

33. What best describes soft money?
Statistical discrimination - Unintentional discrimination
Money that is donated to political parties for the purpose of party building activities
Board of Directors
Through PACS

34. What is a standard that aides companies in improving their environmental practices?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Government regulations are always detrimental because the economy is self-correcting
Random drug testing of employees is allowed in all cases

35. What is NOT a regulation for insiders trading stock?
Allows foreign citizens to bring a citizen of the US to trial in the US
They can only sell stock amounting to a 10 M value at a time
Outside employment where a person has 2 jobs which conflict with each other
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)

36. What type of information is complied to answer a specific question?
Outsourcing is unanimously agreed to be a beneficial process.
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Ad hoc (means for this)
OSHA

37. What is NOT an attempt at creating a universal ethical standard?
Universal Ethics Protocol organization
It requires employers to give workers notice before mass layoffs so that they can prepare
Democratic leadership style
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

38. What is NOT an ex. of social engineering?
Dumpster diving
NDA (non-disclosure agreements are legal & binding)
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Environmental equilibrium

39. What is NOT an example of how corporate espionage can occur?
All are examples of corporate espionage
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Allows foreign citizens to bring a citizen of the US to trial in the US

40. Hard money is?
Allows foreign citizens to bring a citizen of the US to trial in the US
Donated to a candidates campaign
To lower greenhouse gas emissions
Altruism (refers to placing the needs of another above oneself)

41. What is NOT a responsibility that should be considreed by businesses?
Nepotism (considering the interests of family ahead of what is best for the business)
Legal
Altruism (refers to placing the needs of another above oneself)
Fidiciary

42. Cost benefit considerations would be most typical of what type of ethics?
Non-point source contributions
When a lawyer withdraws legal representation for their client & notifies the proper authorities
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)

43. What is NOT an example of an in kind contribution?
Stage 2 people are concerned with obtaining rewards
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Donating money to a humanitarian organizaiton for the purchase of blankets

44. Does the Foreign Corrupt Practices Act include grease payments?
NDA (non-disclosure agreements are legal & binding)
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Stage 2 people are concerned with obtaining rewards
All would be addressed in an NDA

45. The FTC was created to monitor which type of regulation?
Logos - jingles - & brand names can all be ex. of trademarks
Laws regulating consumer protection
The act did all
That management agrees to terms set forth by labor unions

46. What is NOT a type of discrimination investigated by the EEOC?
Random drug testing of employees is allowed in all cases
Education
KPCS (they work to reduce circulation of conflict diamonds)
A grease payment make things that would normally occur happen at a faster rate

47. The Fair Labor Standards Act?
Environmental equilibrium
Lawyers
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Sets forth standards for management in relations with labor unions

48. Corporate citizenship?
To ensure & protect public health & safety
The considerations of large co about the well being of society when they make business decisions
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Monopolies

49. What is NOT an illegal basis of discrimination?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
The primary factor in sexual harassment cases is the intent of the action
Education
All are concerns about outsourcing

50. What agency does not relate in some manner to international trade?
Comparable worth
EEOC (has to do with employment in US)
Facilitating payment
Allows an orgin site to send information to a computers browser

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DSST Business Ethics And Society

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