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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. The purpose of the International Monetary Fund?
A move toward equality among all races in issues related to environmental hazards
Prevent international trade crisis
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Altruism (refers to placing the needs of another above oneself)

2. The perceived 'us' vs. 'them' mentality that emerges when doing business with different cultures is referred to?
Board of Directors
Radioactive products (threat to public safety)
A person has the right to remove documents about themselves from government records
Self reference criterion

3. What is NOT legally required in management relations with labor unions?
Universal Ethics Protocol organization
All are examples of corporate espionage
Finding ways to eliminate the opportunities for employees to act unethically
That management agrees to terms set forth by labor unions

4. What types of contributions to a political campaign have donations limits imposed by law?
Fidiciary
Stage 4 (people are motivated primarily by authority such as law)
Hard money
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

5. How many days of notice does the WARN Act require employers to give employees?
Immanuel Kant
Donating money to a humanitarian organizaiton for the purchase of blankets
60 days
Foreign Corrupt Practices Act

6. The intent of the Sarbanes-Oxley Act was to?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Government regulations are always detrimental because the economy is self-correcting
Pump & dump
A grease payment make things that would normally occur happen at a faster rate

7. Considered from an ethical standpoint - MNCs should?
Conform to the highest standards in all businesses whether overseas or not
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
A grease payment make things that would normally occur happen at a faster rate
Outside employment where a person has 2 jobs which conflict with each other

8. What statement is TRUE?
Discrimination
An effective leader should be able to switch between transformational & transactional leadership styles.
Sets forth standards for management in relations with labor unions
Misstating financial statements

9. What would NOT be addressed in a Non-disclosure agreement?
EEOC (has to do with employment in US)
Act utilitarianism
Sarbanes-Oxley Act
All would be addressed in an NDA

10. What is NOT related to the interactions that occur between government & business?
All are related to government & business interactions
Non-point source contributions
The considerations of large co about the well being of society when they make business decisions
Environmental equilibrium

11. What is the purpose of the WARN Act?
Monopolies
It requires employers to give workers notice before mass layoffs so that they can prepare
Radioactive products (threat to public safety)
A maxim must be specific (should be generalized)

12. What BEST describes the old social contract?
Stage 5 People act because they feel an obligation to society
Outsourcing is unanimously agreed to be a beneficial process.
Discrimination
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.

13. What is NOT a way in which business's are regulated?
An intermediary who investigates complaints against a group
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Education
All are ways businesses are regulated

14. Which act makes it illegal for US citizens to participate in bribes?
Foreign Corrupt Practices Act
Radioactive products (threat to public safety)
Ethical egosim (states if it benefits the person then it is the right thing to do)
Outside employment where a person has 2 jobs which conflict with each other

15. The Tyco scandal is associated with which ACT?
The act did all
Sarbanes-Oxley Act
All are correct guidelines
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to

16. Business ethics is?
To ensure & protect public health & safety
An attempt to apply moral & ethical principles to business actions
Sets forth standards for management in relations with labor unions
Outside employment where a person has 2 jobs which conflict with each other

17. What is NOT a type of discrimination investigated by the EEOC?
Immanuel Kant
Lawyers
Education
Statistical discrimination - Unintentional discrimination

18. What is NOT a result of a shift to the new social contract?
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Pay raises
Immanuel Kant
As part of NAFTA - Canada & US agree to help Mexico in trade matters

19. What is NOT an attempt at creating a universal ethical standard?
Nepotism (considering the interests of family ahead of what is best for the business)
Universal Ethics Protocol organization
An NDA would be appropriate in all situations
Dumpster diving

20. The CEO of a co works to raise stock prices because they will get a bonus if the stock prices increases by a certain %. Which of Kohlberg's stages are they in?
Donating money to a humanitarian organizaiton for the purchase of blankets
Comparable worth
Stage 2 people are concerned with obtaining rewards
Price cancellation

21. What is a standard that aides companies in improving their environmental practices?
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
A grease payment make things that would normally occur happen at a faster rate
Finding ways to eliminate the opportunities for employees to act unethically
Education

22. What best describes in kind contribution?
Non-renewal resources
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
When a person or co. trades goods or services in place of money.
Diamonds which are sold with the purpose of funding insurrection or war.

23. Who is best known for creating the categorical imperative?
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Goodwill (good reputation makes co. worth more)
Immanuel Kant
All are conflicts of interest

24. 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
Laws regulating consumer protection
A maxim must be specific (should be generalized)
That management agrees to terms set forth by labor unions

25. The term quid pro quo related to what issue?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
An intermediary who investigates complaints against a group
Sexual harassment
Stage 5 People act because they feel an obligation to society

26. Who has legal responsibility for a company's actions in a corporation?
Monopolies
Board of Directors
They can only sell stock amounting to a 10 M value at a time
60 days

27. What is NOT a responsibility that should be considreed by businesses?
The primary factor in sexual harassment cases is the intent of the action
A person has the right to remove documents about themselves from government records
Fidiciary
Any program which seeks to reverse the effects of any form of discrimination

28. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
Consumer (gives customeres more room to manipulate or deceive the business)
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Sets forth standards for management in relations with labor unions
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional

29. What is NOT a benefit which can come to companies as a result of substainable business practices?
The only ethical regulation s businesses follow are mandated by the government
Stage 4 (people are motivated primarily by authority such as law)
All are possible benefits
Authoritative (leader makes decisions & tells employees what their responsibilities are)

30. The Dukes vs. Walmart case involves which issue?
Sarbanes-Oxley Act
Education
Sexual discrimination
OSHA

31. What is NOT a guideline set forth by Supreme court to be used in creating affirmative action programs?
Finding ways to eliminate the opportunities for employees to act unethically
Facilitating payment
All are correct guidelines
KPCS (they work to reduce circulation of conflict diamonds)

32. What term is synonymous with philanthropy?
Civil case (feel their rights have been violated)
Radioactive products (threat to public safety)
Altruism (refers to placing the needs of another above oneself)
Help developing countries stregthen their economics

33. The purpose of the World Bank is?
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
Equal Employment Opportunity Commission
Regulate how a co should manage certain processes that pollute the environment
Help developing countries stregthen their economics

34. What does EEOC stand for?
An intermediary who investigates complaints against a group
Equal Employment Opportunity Commission
Ethical egosim (states if it benefits the person then it is the right thing to do)
Statistical discrimination - Unintentional discrimination

35. If people object to something being built near their homes it is referred to as?
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Act utilitarianism (called maximizing utility)
NIMBY (not in my backyard)

36. Corporate citizenship?
Discrimination
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.
Finding ways to eliminate the opportunities for employees to act unethically
The considerations of large co about the well being of society when they make business decisions

37. According to teleological ethics an action's morality is determined based on its consequences?
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Radioactive products (threat to public safety)
Donated to a candidates campaign
All were implicated in scandals (Enron - Coca-Cola - Tyco International)

38. What theory claims that ethical beliefs are determined by the society in which one lives?
Kantian ethics (is deontological determines morality based on the morality of the action itself)
An attempt to apply moral & ethical principles to business actions
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

39. What statement is FALSE?
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Conform to the highest standards in all businesses whether overseas or not
The only ethical regulation s businesses follow are mandated by the government
All are correct guidelines

40. 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?
Telling the truth because you think it is the right thing to do
Stage 4 (people are motivated primarily by authority such as law)
Altruism (refers to placing the needs of another above oneself)
Act utilitarianism

41. OSHA was created to?
Ensure worker safety
Conform to the highest standards in all businesses whether overseas or not
Environmental equilibrium
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

42. In what situation would an NDA NOT be used?
They can only sell stock amounting to a 10 M value at a time
The only ethical regulation s businesses follow are mandated by the government
An NDA would be appropriate in all situations
Lawyers

43. The Fair Labor Standards Act?
Random drug testing of employees is allowed in all cases
Sets forth standards for management in relations with labor unions
Authoritative (leader makes decisions & tells employees what their responsibilities are)
To ensure & protect public health & safety

44. What statement best describes the difference between corporate intelligence & corpirate espionage?
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.
Stage 4 (people are motivated primarily by authority such as law)
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Environmental equilibrium

45. What statement is FALSE about merger between Delta Air Lines & Northwest Airlines in 2008?
Sarbanes-Oxley Act
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
An NDA would be appropriate in all situations
Conflict diamonds

46. An ombudsman is?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Civil case (feel their rights have been violated)
An intermediary who investigates complaints against a group
Equal Employment Opportunity Commission

47. What statement would be the most correct under a classical view of business?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Government regulations are always detrimental because the economy is self-correcting
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Outside employment where a person has 2 jobs which conflict with each other

48. What is NOT a conflict of interest?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
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 conflicts of interest
Patriot Act

49. What is NOT a right outlined in the Privacy Act of 1974?
Stage 1 (person most concerned with avoiding punishment)
A person has the right to remove documents about themselves from government records
To ensure & protect public health & safety
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

50. What moral theory is NOT consequentialist?
Kantian ethics (is deontological determines morality based on the morality of the action itself)
All are ways businesses are regulated
Nepotism (considering the interests of family ahead of what is best for the business)
All would be addressed in an NDA