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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. Business ethics is?
An attempt to apply moral & ethical principles to business actions
Finding ways to eliminate the opportunities for employees to act unethically
Civil case (feel their rights have been violated)
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)

2. What is NOT illegal?
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Statistical discrimination - Unintentional discrimination
Conform to the highest standards in all businesses whether overseas or not
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

3. 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?
PACS are organized by SIGs (special interest groups)
Stage 4 (people are motivated primarily by authority such as law)
Foreign Corrupt Practices Act
Kantian ethics (is deontological determines morality based on the morality of the action itself)

4. What of the following is TRUE?
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Kerr-McGee (plutonium tampering)
PACS are organized by SIGs (special interest groups)
Through PACS

5. What statement is FALSE?
The only ethical regulation s businesses follow are mandated by the government
Universal Ethics Protocol organization
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
To lower greenhouse gas emissions

6. What is NOT a way in which business's are regulated?
Help developing countries stregthen their economics
Universal imperative
Philanthropic
All are ways businesses are regulated

7. What is NOT true of NAFTA?
As part of NAFTA - Canada & US agree to help Mexico in trade matters
Economical
Stage 5 People act because they feel an obligation to society
All are related to government & business interactions

8. What best describes in kind contribution?
A strong focus on developing core values
When a person or co. trades goods or services in place of money.
Sexual discrimination
Statistical discrimination - Unintentional discrimination

9. What is NOT an unethical pricing strategy?
Telling the truth because you think it is the right thing to do
Price cancellation
Illegal drugs (drugs are monitored by DEA)
Prevent international trade crisis

10. 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?
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Stage 1 (person most concerned with avoiding punishment)
Act utilitarianism
Money that is donated to political parties for the purpose of party building activities

11. What statement best describes the difference between corporate intelligence & corpirate espionage?
Self reference criterion
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
All are concerns about outsourcing
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.

12. What is NOT an attempt at creating a universal ethical standard?
They can only sell stock amounting to a 10 M value at a time
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Education
Universal Ethics Protocol organization

13. A lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
Legal
Civil Rights Act of 1964
Education
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.

14. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
Sarbanes-Oxley Act
Outside employment where a person has 2 jobs which conflict with each other
Regulate how a co should manage certain processes that pollute the environment
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

15. What is true about spam?
Regulate how a co should manage certain processes that pollute the environment
Oil spill
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 related to government & business interactions

16. What is NOT a responsibility that should be considreed by businesses?
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Misstating financial statements
Government regulations are always detrimental because the economy is self-correcting
Fidiciary

17. What is NOT a result of a shift to the new social contract?
Pay raises
An intermediary who investigates complaints against a group
Lawyers
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.

18. What is NOT a guideline set forth by Supreme court to be used in creating affirmative action programs?
Money that is donated to political parties for the purpose of party building activities
All are correct guidelines
Monopolies
Dumpster diving

19. What situation would be considered moral under Kantian theory?
Philanthropic
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Telling the truth because you think it is the right thing to do
The act did all

20. The purpose of the World Bank is?
Laws regulating consumer protection
Help developing countries stregthen their economics
Authoritative (leader makes decisions & tells employees what their responsibilities are)
It is unanimously agreed that there is a dire need for it in todays society

21. Arable land is used for?
A grease payment make things that would normally occur happen at a faster rate
Farming (suitable for agricultural use)
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Immanuel Kant

22. The term quid pro quo related to what issue?
All are related to government & business interactions
Democratic leadership style
Sexual harassment
Act utilitarianism (called maximizing utility)

23. If people object to something being built near their homes it is referred to as?
All are correct guidelines
NIMBY (not in my backyard)
Outsourcing is unanimously agreed to be a beneficial process.
Price cancellation

24. What statement is TRUE?
Government regulations are always detrimental because the economy is self-correcting
Product - Place - Promotion - & Price
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Altruism (refers to placing the needs of another above oneself)

25. A manager implements new safety procedures because they feel obligated to protect the safety of their employees. Which of Kolhbergs stages does this describe?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Random drug testing of employees is allowed in all cases
Stage 5 People act because they feel an obligation to society
Reputation

26. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
An attempt to apply moral & ethical principles to business actions
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Oil spill
Telling the truth because you think it is the right thing to do

27. What moral theory is NOT consequentialist?
Altruism (refers to placing the needs of another above oneself)
OSHA
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Kantian ethics (is deontological determines morality based on the morality of the action itself)

28. What statement is FALSE?
EEOC (has to do with employment in US)
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Because Dukes could not proves all women employees faced discrimination practices
Random drug testing of employees is allowed in all cases

29. What is a way in which government interventions in the economy can be beneficial to consumers?
Product safety regulations - Import tariffs
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.

30. The EEOC investiges violations of the?
They can only sell stock amounting to a 10 M value at a time
Civil Rights Act of 1964
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Monopolies

31. A business practices underhanded accounting practices to raise stock prices & make money. Which type of ethics does this fall under?
Economical
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Donating money to a humanitarian organizaiton for the purchase of blankets
Money that is donated to political parties for the purpose of party building activities

32. An ombudsman is?
An intermediary who investigates complaints against a group
Monopolies
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Conflict diamonds

33. Which co was NOT implicated in the early 2000s?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
A move toward equality among all races in issues related to environmental hazards
All are stakeholders

34. Why did Supreme Court rule in favor of Walmart in the case of Dukes vs Walmart?
Sarbanes-Oxley Act
Because Dukes could not proves all women employees faced discrimination practices
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Any program which seeks to reverse the effects of any form of discrimination

35. What is NOT regulated by the FDA?
Education
All are correct guidelines
Illegal drugs (drugs are monitored by DEA)
Sexual harassment

36. The perceived 'us' vs. 'them' mentality that emerges when doing business with different cultures is referred to?
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Enquiring about off duty activities
The act did all
Self reference criterion

37. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
Sexual discrimination
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
A strong focus on developing core values

38. Utilitarianism is a type of?
Allows foreign citizens to bring a citizen of the US to trial in the US
Act utilitarianism
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Finding ways to eliminate the opportunities for employees to act unethically

39. 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
Because Dukes could not proves all women employees faced discrimination practices
Stage 2 people are concerned with obtaining rewards
To ensure & protect public health & safety

40. What is NOT a type of imperative considered under Kantian ethics?
Post conventional (person is ruled by conscience instead of society)
To lower greenhouse gas emissions
Allows foreign citizens to bring a citizen of the US to trial in the US
Universal imperative

41. What is the four P's of advertising?
Equal Employment Opportunity Commission
Product - Place - Promotion - & Price
Environmental equilibrium
Help developing countries stregthen their economics

42. OSHA was created to?
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Sexual harassment
Ensure worker safety
Non-renewal resources

43. Hiring family members would be considered which type of conflict of interest?
Prevent international trade crisis
Nepotism (considering the interests of family ahead of what is best for the business)
Non-renewal resources
NDA (non-disclosure agreements are legal & binding)

44. What is NOT a form of marketing fraud?
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
PACS are organized by SIGs (special interest groups)
Outside employment where a person has 2 jobs which conflict with each other
Misstating financial statements

45. Who has legal responsibility for a company's actions in a corporation?
Government regulations are always detrimental because the economy is self-correcting
As part of NAFTA - Canada & US agree to help Mexico in trade matters
Board of Directors
Lawyers

46. What aid employers in keeping information private?
NDA (non-disclosure agreements are legal & binding)
Goodwill (good reputation makes co. worth more)
Oil spill
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to

47. 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
Pump & dump
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Conflict diamonds

48. What is NOT true of sexual harassment?
Economical
It requires employers to give workers notice before mass layoffs so that they can prepare
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

49. The Fair Labor Standards Act?
60 days
When a person or co. trades goods or services in place of money.
Sets forth standards for management in relations with labor unions
Discrimination

50. What term describes a moral theory which derives morality from actions?
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
It is unanimously agreed that there is a dire need for it in todays society
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Stage 5 People act because they feel an obligation to society