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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 statement is FALSE?
The only ethical regulation s businesses follow are mandated by the government
Finding ways to eliminate the opportunities for employees to act unethically
Act utilitarianism (called maximizing utility)
Economical

2. What is NOT a way in which business's are regulated?
All are ways businesses are regulated
Nepotism (considering the interests of family ahead of what is best for the business)
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional

3. Implied falsity?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Legal
Advertising which involves technically true claims which are misleading by nature.
It requires employers to give workers notice before mass layoffs so that they can prepare

4. According to teleological ethics an action's morality is determined based on its consequences?
Environmental equilibrium
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Donating money to a humanitarian organizaiton for the purchase of blankets
All are concerns about outsourcing

5. Noisy withdrawal is?
All are possible benefits
Hard money
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)

6. What is NOT a legal way for employers to monitor employees?
Enquiring about off duty activities
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Telling the truth because you think it is the right thing to do

7. A stable state economy is in a state of?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Legal
Environmental equilibrium
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to

8. The origins of the FDA can be traces to what ACT?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
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
All are possible benefits
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

9. What best describes rule utilitarianism?
Statistical discrimination - Unintentional discrimination
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
All are stakeholders
Philanthropic

10. What BEST describes the old social contract?
Civil Rights Act of 1964
A person has the right to remove documents about themselves from government records
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
A maxim must be specific (should be generalized)

11. If a resource is used at the same rate at which it can be replenished it is describes as?
Regulate how a co should manage certain processes that pollute the environment
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.
Hard money
Environmental equilibrium

12. 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
Outsourcing is unanimously agreed to be a beneficial process.
Product - Place - Promotion - & Price
PACS are organized by SIGs (special interest groups)

13. Protections for workers from workplace hazard are regulated & mandated by what agency?
Post conventional (person is ruled by conscience instead of society)
All are related to government & business interactions
Economical
OSHA

14. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Non-point source contributions
Regulate how a co should manage certain processes that pollute the environment
Immanuel Kant
Nepotism (considering the interests of family ahead of what is best for the business)

15. What types of contributions to a political campaign have donations limits imposed by law?
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Donating money to a humanitarian organizaiton for the purchase of blankets
Hard money
It is unanimously agreed that there is a dire need for it in todays society

16. Fossil fuels are?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
All are conflicts of interest
Non-renewal resources

17. 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?
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Act utilitarianism
Pump & dump
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to

18. 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?
Patriot Act
Kerr-McGee (plutonium tampering)
Stage 1 (person most concerned with avoiding punishment)
Oil spill

19. Corporate citizenship?
The considerations of large co about the well being of society when they make business decisions
All are stakeholders
Enquiring about off duty activities
Prevent international trade crisis

20. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
Farming (suitable for agricultural use)
They can only sell stock amounting to a 10 M value at a time
Authoritative (leader makes decisions & tells employees what their responsibilities are)
All are stakeholders

21. 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
An attempt to apply moral & ethical principles to business actions
As part of NAFTA - Canada & US agree to help Mexico in trade matters
To lower greenhouse gas emissions

22. A noisy withdrawal would be done by?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Lawyers
All would be addressed in an NDA
An intermediary who investigates complaints against a group

23. Utilitarianism is a type of?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
All are related to government & business interactions
NDA (non-disclosure agreements are legal & binding)
Economical

24. What is the responsibility of the FDA?
All would be addressed in an NDA
To ensure & protect public health & safety
Donated to a candidates campaign
Dumpster diving

25. A person helps an old lady across the street because they think that it is the right thing to do - & makes them feel useful & happy. Which of Kohlbergs stages are they in?
Post conventional (person is ruled by conscience instead of society)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Ad hoc (means for this)
OSHA

26. 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
Nepotism (considering the interests of family ahead of what is best for the business)
Immanuel Kant
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Reputation

27. Cost benefit considerations would be most typical of what type of ethics?
All are conflicts of interest
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Nepotism (considering the interests of family ahead of what is best for the business)
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

28. What act conflicts with the Privacy Act of 1974?
All are conflicts of interest
Patriot Act
Conform to the highest standards in all businesses whether overseas or not
Discrimination

29. If a person were to sue a co. for not fulfilling a contractual obligation it would be?
Self reference criterion
Civil case (feel their rights have been violated)
An intermediary who investigates complaints against a group
When a person is in a position to exploit their power for their own benefit

30. Some people believe that women earn less than men because female held jobs have been historically devalued - & that women should be given equal pay for equal work. This belief called?
Comparable worth
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Farming (suitable for agricultural use)
Civil case (feel their rights have been violated)

31. What is regulated by FDA?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
To ensure & protect public health & safety
All are examples of corporate espionage
Radioactive products (threat to public safety)

32. What is NOT an illegal basis of discrimination?
Education
Sarbanes-Oxley Act
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)

33. A child cleans their room so they will be allowed to go to a friends house. Which of Kohlbergs stages are they in?
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Facilitating payment
60 days
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)

34. What is best ex. of point secure pollution?
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Help developing countries stregthen their economics
Discrimination
Oil spill

35. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
Fidiciary
Statistical discrimination - Unintentional discrimination
Kerr-McGee (plutonium tampering)
A strong focus on developing core values

36. What statement is TRUE?
Nepotism (considering the interests of family ahead of what is best for the business)
To lower greenhouse gas emissions
They can only sell stock amounting to a 10 M value at a time
An effective leader should be able to switch between transformational & transactional leadership styles.

37. What is NOT an unethical pricing strategy?
Discrimination
Price cancellation
Allows foreign citizens to bring a citizen of the US to trial in the US
Foreign Corrupt Practices Act

38. Arable land is used for?
Farming (suitable for agricultural use)
Enquiring about off duty activities
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

39. What statement would be the most correct under a classical view of business?
Ethical egosim (states if it benefits the person then it is the right thing to do)
An effective leader should be able to switch between transformational & transactional leadership styles.
Government regulations are always detrimental because the economy is self-correcting
Pump & dump

40. What is the purpose of the WARN Act?
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
All are examples of corporate espionage
Environmental equilibrium
It requires employers to give workers notice before mass layoffs so that they can prepare

41. Does the Foreign Corrupt Practices Act include grease payments?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Sets forth standards for management in relations with labor unions
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
A grease payment make things that would normally occur happen at a faster rate

42. Hard money is?
Donated to a candidates campaign
All are related to government & business interactions
All are possible benefits
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary

43. The perceived 'us' vs. 'them' mentality that emerges when doing business with different cultures is referred to?
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Telling the truth because you think it is the right thing to do
Universal Ethics Protocol organization
Self reference criterion

44. The fact that in many cases a company's worth is greater than the value of its tangible assets is referred to as?
A person has the right to remove documents about themselves from government records
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Goodwill (good reputation makes co. worth more)
All are ways businesses are regulated

45. What is NOT an ex. of social engineering?
Democratic leadership style
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Dumpster diving
OSHA

46. What is NOT a result of a shift to the new social contract?
An NDA would be appropriate in all situations
Pay raises
They can only sell stock amounting to a 10 M value at a time
That management agrees to terms set forth by labor unions

47. Oversight refers to?
60 days
An effective leader should be able to switch between transformational & transactional leadership styles.
Finding ways to eliminate the opportunities for employees to act unethically
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)

48. What group would not be considered a stakeholder?
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Money that is donated to political parties for the purpose of party building activities
All are stakeholders
Conform to the highest standards in all businesses whether overseas or not

49. What is environmental justice?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Goodwill (good reputation makes co. worth more)
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
A move toward equality among all races in issues related to environmental hazards

50. What theiry claims that person should only act in their own best interst?
A system of accountability - oversight - & control within the company
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.
All are conflicts of interest