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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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1. What statement would be the most correct under a classical view of business?
Reputation
Because Dukes could not proves all women employees faced discrimination practices
The considerations of large co about the well being of society when they make business decisions
Government regulations are always detrimental because the economy is self-correcting

2. A child cleans their room so they will be allowed to go to a friends house. Which of Kohlbergs stages are they in?
All are ways businesses are regulated
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
They can only sell stock amounting to a 10 M value at a time
Farming (suitable for agricultural use)

3. What aid employers in keeping information private?
A system of accountability - oversight - & control within the company
Legal
NDA (non-disclosure agreements are legal & binding)
The only ethical regulation s businesses follow are mandated by the government

4. The purpose of the International Monetary Fund?
NDA (non-disclosure agreements are legal & binding)
When a person is in a position to exploit their power for their own benefit
Prevent international trade crisis
A strong focus on developing core values

5. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Foreign Corrupt Practices Act
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Non-point source contributions
The considerations of large co about the well being of society when they make business decisions

6. What is NOT a type of imperative considered under Kantian ethics?
Fidiciary
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Misstating financial statements
Universal imperative

7. What situation would be considered moral under Kantian theory?
The act did all
Non-renewal resources
Stage 4 (people are motivated primarily by authority such as law)
Telling the truth because you think it is the right thing to do

8. A cookie?
Altruism (refers to placing the needs of another above oneself)
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Allows an orgin site to send information to a computers browser
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.

9. Implied falsity?
Environmental equilibrium
An effective leader should be able to switch between transformational & transactional leadership styles.
Advertising which involves technically true claims which are misleading by nature.
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

10. What is NOT regulated by the FDA?
Laws regulating consumer protection
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Illegal drugs (drugs are monitored by DEA)
A system of accountability - oversight - & control within the company

11. The EEOC investiges violations of the?
Civil Rights Act of 1964
Goodwill (good reputation makes co. worth more)
KPCS (they work to reduce circulation of conflict diamonds)
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.

12. What is NOT a responsibility that should be considreed by businesses?
Fidiciary
Telling the truth because you think it is the right thing to do
They can only sell stock amounting to a 10 M value at a time
Money that is donated to political parties for the purpose of party building activities

13. What is NOT a right outlined in the Privacy Act of 1974?
To lower greenhouse gas emissions
Lawyers
A person has the right to remove documents about themselves from government records
Sexual discrimination

14. What group would not be considered a stakeholder?
Non-point source contributions
All are stakeholders
All are conflicts of interest
Farming (suitable for agricultural use)

15. The term glass ceiling related to which employer-employee relations issue?
Nepotism (considering the interests of family ahead of what is best for the business)
Hard money
Discrimination
Lawyers

16. The FTC was created to monitor which type of regulation?
Non-renewal resources
Harris vs. Forklife Systems - Inc
A grease payment make things that would normally occur happen at a faster rate
Laws regulating consumer protection

17. If a person were to sue a co. for not fulfilling a contractual obligation it would be?
Civil case (feel their rights have been violated)
To lower greenhouse gas emissions
A system of accountability - oversight - & control within the company
Legal

18. 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?
Product - Place - Promotion - & Price
They can only sell stock amounting to a 10 M value at a time
Universal imperative
Stage 2 people are concerned with obtaining rewards

19. The term quid pro quo related to what issue?
Sexual harassment
The primary factor in sexual harassment cases is the intent of the action
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
Lawyers

20. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Because Dukes could not proves all women employees faced discrimination practices
Civil case (feel their rights have been violated)

21. What did the Bipartisan Campaign Reform Act NOT do?
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Random drug testing of employees is allowed in all cases
The act did all
Sarbanes-Oxley Act

22. What is NOT an illegal basis of discrimination?
When a person is in a position to exploit their power for their own benefit
Education
They can only sell stock amounting to a 10 M value at a time
Logos - jingles - & brand names can all be ex. of trademarks

23. 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?
Illegal drugs (drugs are monitored by DEA)
Pump & dump
Post conventional (person is ruled by conscience instead of society)
Facilitating payment

24. A noisy withdrawal would be done by?
Act utilitarianism
Allows an orgin site to send information to a computers browser
Lawyers
Act utilitarianism (called maximizing utility)

25. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
A strong focus on developing core values
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Prevent international trade crisis
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)

26. What type of information is complied to answer a specific question?
Ad hoc (means for this)
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
A piece of code which spreads from computer to computer & can disrupt computer functions.
Philanthropic

27. The purpose of the World Bank is?
A person has the right to remove documents about themselves from government records
Help developing countries stregthen their economics
Environmental equilibrium
Act utilitarianism

28. Command & control regulations?
Regulate how a co should manage certain processes that pollute the environment
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
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

29. Ethical & philanthropic responsibilities are important in building?
Reputation
Non-renewal resources
A move toward equality among all races in issues related to environmental hazards
Allows an orgin site to send information to a computers browser

30. What statement BEST describes attitudes toward outsourcing?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
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 often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
KPCS (they work to reduce circulation of conflict diamonds)

31. 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
All are correct guidelines
The considerations of large co about the well being of society when they make business decisions
A strong focus on developing core values

32. Utilitarianism is a type of?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
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
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

33. Hiring family members would be considered which type of conflict of interest?
All are correct guidelines
Oil spill
Donated to a candidates campaign
Nepotism (considering the interests of family ahead of what is best for the business)

34. What is true about spam?
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
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
Oil spill

35. What is NOT an example of how corporate espionage can occur?
Regulate how a co should manage certain processes that pollute the environment
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
All are examples of corporate espionage
Civil Rights Act of 1964

36. What are conflict diamonds?
Economical
Self reference criterion
Diamonds which are sold with the purpose of funding insurrection or war.
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

37. Ergonomics is?
The study of designing more comfortably or easily used equipment
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
When a lawyer withdraws legal representation for their client & notifies the proper authorities

38. A conflict of interest?
When a person is in a position to exploit their power for their own benefit
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
NDA (non-disclosure agreements are legal & binding)
Universal imperative

39. If people object to something being built near their homes it is referred to as?
Altruism (refers to placing the needs of another above oneself)
A strong focus on developing core values
NIMBY (not in my backyard)
Reputation

40. What statement is TRUE?
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
Sexual discrimination
Through PACS
Logos - jingles - & brand names can all be ex. of trademarks

41. What is NOT a guideline set forth by Supreme court to be used in creating affirmative action programs?
All are correct guidelines
Prevent international trade crisis
The act did all
Price cancellation

42. Protections for workers from workplace hazard are regulated & mandated by what agency?
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
OSHA
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.
Nepotism (considering the interests of family ahead of what is best for the business)

43. Who has legal responsibility for a company's actions in a corporation?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Allows an orgin site to send information to a computers browser
Monopolies
Board of Directors

44. What statement is TRUE?
An effective leader should be able to switch between transformational & transactional leadership styles.
Kantian ethics (is deontological determines morality based on the morality of the action itself)
NIMBY (not in my backyard)
Stage 2 people are concerned with obtaining rewards

45. A grease payment can also be called?
Goodwill (good reputation makes co. worth more)
Democratic leadership style
Facilitating payment
It is unanimously agreed that there is a dire need for it in todays society

46. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
That management agrees to terms set forth by labor unions
Hard money
Any program which seeks to reverse the effects of any form of discrimination

47. What would NOT be addressed in a Non-disclosure agreement?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
All would be addressed in an NDA
Act utilitarianism
The primary factor in sexual harassment cases is the intent of the action

48. Lobbying is?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Conflict diamonds
Non-point source contributions
All are related to government & business interactions

49. What of the following is TRUE?
Any program which seeks to reverse the effects of any form of discrimination
PACS are organized by SIGs (special interest groups)
All are concerns about outsourcing
Product safety regulations - Import tariffs

50. In what situation would an NDA NOT be used?
Diamonds which are sold with the purpose of funding insurrection or war.
An effective leader should be able to switch between transformational & transactional leadership styles.
An NDA would be appropriate in all situations
All are related to government & business interactions

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DSST Business Ethics And Society

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