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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. A conflict of interest?
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Laws regulating consumer protection
When a person is in a position to exploit their power for their own benefit

2. What is NOT a right outlined in the Privacy Act of 1974?
A person has the right to remove documents about themselves from government records
Patriot Act
It requires employers to give workers notice before mass layoffs so that they can prepare
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

3. If people object to something being built near their homes it is referred to as?
Civil Rights Act of 1964
NIMBY (not in my backyard)
The primary factor in sexual harassment cases is the intent of the action
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.

4. Considered from an ethical standpoint - MNCs should?
Lawyers
Conform to the highest standards in all businesses whether overseas or not
Education
The study of designing more comfortably or easily used equipment

5. A business practices underhanded accounting practices to raise stock prices & make money. Which type of ethics does this fall under?
Through PACS
Non-renewal resources
Consumer (gives customeres more room to manipulate or deceive the business)
Economical

6. What type of responsibility is the LEAST regulated?
An attempt to apply moral & ethical principles to business actions
Through PACS
A grease payment make things that would normally occur happen at a faster rate
Philanthropic

7. The term quid pro quo related to what issue?
Fidiciary
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Outsourcing is unanimously agreed to be a beneficial process.
Sexual harassment

8. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
Farming (suitable for agricultural use)
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Discrimination
Foreign Corrupt Practices Act

9. Karen Silkwood is associated with?
Self reference criterion
That management agrees to terms set forth by labor unions
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Kerr-McGee (plutonium tampering)

10. Corporate citizenship?
Pay raises
All are possible benefits
The considerations of large co about the well being of society when they make business decisions
KPCS (they work to reduce circulation of conflict diamonds)

11. In what situation would an NDA NOT be used?
Prevent international trade crisis
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
OSHA
An NDA would be appropriate in all situations

12. The fact that in many cases a company's worth is greater than the value of its tangible assets is referred to as?
Finding ways to eliminate the opportunities for employees to act unethically
Any program which seeks to reverse the effects of any form of discrimination
Goodwill (good reputation makes co. worth more)
Discrimination

13. The Fair Labor Standards Act?
Sets forth standards for management in relations with labor unions
Ensure worker safety
Non-renewal resources
Regulate how a co should manage certain processes that pollute the environment

14. What best describes in kind contribution?
Government regulations are always detrimental because the economy is self-correcting
When a person or co. trades goods or services in place of money.
Product safety regulations - Import tariffs
Money that is donated to political parties for the purpose of party building activities

15. What case established that is was how actions were interpreted that matter in sexual harassment cases?
Reputation
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)
Harris vs. Forklife Systems - Inc

16. 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?
Environmental equilibrium
Pump & dump
Laws regulating consumer protection
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)

17. the merger between Delta Air Lines & Northwest Airlines raised concerns about what?
Post conventional (person is ruled by conscience instead of society)
Monopolies
The primary factor in sexual harassment cases is the intent of the action
Donated to a candidates campaign

18. Which act makes it illegal for US citizens to participate in bribes?
Foreign Corrupt Practices Act
When a person is in a position to exploit their power for their own benefit
Universal Ethics Protocol organization
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

19. What best describes soft money?
All are possible benefits
60 days
An NDA would be appropriate in all situations
Money that is donated to political parties for the purpose of party building activities

20. Utilitarianism is a type of?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Hard money
Outside employment where a person has 2 jobs which conflict with each other
Altruism (refers to placing the needs of another above oneself)

21. Does the Foreign Corrupt Practices Act include grease payments?
Facilitating payment
Self reference criterion
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
The act did all

22. What is NOT an example of an in kind contribution?
Statistical discrimination - Unintentional discrimination
EEOC (has to do with employment in US)
Donating money to a humanitarian organizaiton for the purchase of blankets
To lower greenhouse gas emissions

23. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
Random drug testing of employees is allowed in all cases
They can only sell stock amounting to a 10 M value at a time
A strong focus on developing core values
Altruism (refers to placing the needs of another above oneself)

24. Who has legal responsibility for a company's actions in a corporation?
Hard money
Board of Directors
Education
Sarbanes-Oxley Act

25. What is NOT true of the WTO?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Reputation
PACS are organized by SIGs (special interest groups)
Democratic leadership style

26. What is NOT illegal?
Statistical discrimination - Unintentional discrimination
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
All are ways businesses are regulated
Education

27. What statement BEST describes attitudes toward outsourcing?
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Donated to a candidates campaign
To ensure & protect public health & safety

28. A noisy withdrawal would be done by?
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Lawyers
Non-point source contributions
Any program which seeks to reverse the effects of any form of discrimination

29. 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?
Hard money
All are conflicts of interest
OSHA
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional

30. 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?
Allows foreign citizens to bring a citizen of the US to trial in the US
Act utilitarianism
A move toward equality among all races in issues related to environmental hazards
Random drug testing of employees is allowed in all cases

31. What statement is FALSE?
A grease payment make things that would normally occur happen at a faster rate
The only ethical regulation s businesses follow are mandated by the government
Universal Ethics Protocol organization
PACS are organized by SIGs (special interest groups)

32. What is the four P's of advertising?
Lawyers
Product - Place - Promotion - & Price
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Regulate how a co should manage certain processes that pollute the environment

33. 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
A system of accountability - oversight - & control within the company
Education
Advertising which involves technically true claims which are misleading by nature.

34. What is NOT a reason clinton's attempt at healthcare reform in the early 1990s failed?
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Stage 2 people are concerned with obtaining rewards
Fidiciary

35. If a person were to sue a co. for not fulfilling a contractual obligation it would be?
All are correct guidelines
Civil case (feel their rights have been violated)
Hard money
Donated to a candidates campaign

36. 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?
Random drug testing of employees is allowed in all cases
All would be addressed in an NDA
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Stage 4 (people are motivated primarily by authority such as law)

37. A stable state economy is in a state of?
Conflict diamonds
All are stakeholders
All are ways businesses are regulated
Environmental equilibrium

38. Cost benefit considerations would be most typical of what type of ethics?
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Through PACS
Stage 2 people are concerned with obtaining rewards
Logos - jingles - & brand names can all be ex. of trademarks

39. A child cleans their room so they will be allowed to go to a friends house. Which of Kohlbergs stages are they in?
Ethical egosim (states if it benefits the person then it is the right thing to do)
KPCS (they work to reduce circulation of conflict diamonds)
Regulate how a co should manage certain processes that pollute the environment
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)

40. What statement is TRUE?
Logos - jingles - & brand names can all be ex. of trademarks
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Stage 4 (people are motivated primarily by authority such as law)
A piece of code which spreads from computer to computer & can disrupt computer functions.

41. An ombudsman is?
An intermediary who investigates complaints against a group
It requires employers to give workers notice before mass layoffs so that they can prepare
NDA (non-disclosure agreements are legal & binding)
Self reference criterion

42. Noisy withdrawal is?
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Sexual harassment
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Stage 1 (person most concerned with avoiding punishment)

43. The Tyco scandal is associated with which ACT?
Enquiring about off duty activities
Education
Sarbanes-Oxley Act
Comparable worth

44. 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
All are examples of corporate espionage
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
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

45. What theiry claims that person should only act in their own best interst?
Donated to a candidates campaign
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Ethical egosim (states if it benefits the person then it is the right thing to do)
Post conventional (person is ruled by conscience instead of society)

46. What statement is TRUE?
Donating money to a humanitarian organizaiton for the purchase of blankets
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
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
An effective leader should be able to switch between transformational & transactional leadership styles.

47. What is regulated by FDA?
OSHA
Act utilitarianism (called maximizing utility)
Radioactive products (threat to public safety)
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

48. What is NOT a way in which business's are regulated?
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Radioactive products (threat to public safety)
The only ethical regulation s businesses follow are mandated by the government
All are ways businesses are regulated

49. What agency does not relate in some manner to international trade?
All are possible benefits
Kerr-McGee (plutonium tampering)
Outsourcing is unanimously agreed to be a beneficial process.
EEOC (has to do with employment in US)

50. 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?
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 concerns about outsourcing
Post conventional (person is ruled by conscience instead of society)
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.