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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 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 move toward equality among all races in issues related to environmental hazards
Board of Directors
To ensure & protect public health & safety

2. What statement is NOT true?
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 2 people are concerned with obtaining rewards
All are possible benefits
Statistical discrimination - Unintentional discrimination

3. The purpose of the International Monetary Fund?
Civil Rights Act of 1964
Consumer (gives customeres more room to manipulate or deceive the business)
Enquiring about off duty activities
Prevent international trade crisis

4. Hard money is?
Donated to a candidates campaign
Fidiciary
They can only sell stock amounting to a 10 M value at a time
An NDA would be appropriate in all situations

5. What is NOT concern relative to outsourcing?
Stage 4 (people are motivated primarily by authority such as law)
Outside employment where a person has 2 jobs which conflict with each other
All are concerns about outsourcing
Consumer (gives customeres more room to manipulate or deceive the business)

6. What is NOT an ex. of social engineering?
Enquiring about off duty activities
Sarbanes-Oxley Act
A system of accountability - oversight - & control within the company
Dumpster diving

7. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Non-point source contributions
PACS are organized by SIGs (special interest groups)
Altruism (refers to placing the needs of another above oneself)

8. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
Random drug testing of employees is allowed in all cases
A strong focus on developing core values
Telling the truth because you think it is the right thing to do
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

9. What aid employers in keeping information private?
An attempt to apply moral & ethical principles to business actions
A maxim must be specific (should be generalized)
NDA (non-disclosure agreements are legal & binding)
Equal Employment Opportunity Commission

10. The EEOC investiges violations of the?
Civil Rights Act of 1964
60 days
Kantian ethics (is deontological determines morality based on the morality of the action itself)
All are examples of corporate espionage

11. Ergonomics is?
Comparable worth
A grease payment make things that would normally occur happen at a faster rate
Ethical egosim (states if it benefits the person then it is the right thing to do)
The study of designing more comfortably or easily used equipment

12. What is NOT a form of marketing fraud?
Philanthropic
Misstating financial statements
It is unanimously agreed that there is a dire need for it in todays society
Outside employment where a person has 2 jobs which conflict with each other

13. What is NOT an example of how corporate espionage can occur?
Donating money to a humanitarian organizaiton for the purchase of blankets
A move toward equality among all races in issues related to environmental hazards
Conform to the highest standards in all businesses whether overseas or not
All are examples of corporate espionage

14. What is NOT an attempt at creating a universal ethical standard?
The act did all
OSHA
Universal Ethics Protocol organization
Democratic leadership style

15. What statement about Corporate Social Responsibility is FALSE?
OSHA
Comparable worth
It is unanimously agreed that there is a dire need for it in todays society
NIMBY (not in my backyard)

16. What is NOT an example of an in kind contribution?
All are related to government & business interactions
Donating money to a humanitarian organizaiton for the purchase of blankets
60 days
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

17. 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?
All are correct guidelines
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Random drug testing of employees is allowed in all cases
All are conflicts of interest

18. 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?
Any program which seeks to reverse the effects of any form of discrimination
Act utilitarianism
PACS are organized by SIGs (special interest groups)
It requires employers to give workers notice before mass layoffs so that they can prepare

19. Hiring family members would be considered which type of conflict of interest?
Conflict diamonds
The primary factor in sexual harassment cases is the intent of the action
Nepotism (considering the interests of family ahead of what is best for the business)
A maxim must be specific (should be generalized)

20. What statement best describes the difference between corporate intelligence & corpirate espionage?
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
The study of designing more comfortably or easily used equipment
Self reference criterion
All are ways businesses are regulated

21. Oversight refers to?
Finding ways to eliminate the opportunities for employees to act unethically
Monopolies
Sexual harassment
It is unanimously agreed that there is a dire need for it in todays society

22. 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?
All would be addressed in an NDA
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Misstating financial statements
Stage 1 (person most concerned with avoiding punishment)

23. Ethical & philanthropic responsibilities are important in building?
Price cancellation
Reputation
All would be addressed in an NDA
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.

24. Utilitarianism is a type of?
All are stakeholders
Telling the truth because you think it is the right thing to do
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary

25. Does the Foreign Corrupt Practices Act include grease payments?
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Allows an orgin site to send information to a computers browser
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Misstating financial statements

26. What is NOT a type of discrimination investigated by the EEOC?
Enquiring about off duty activities
All would be addressed in an NDA
A person has the right to remove documents about themselves from government records
Education

27. What is NOT related to the interactions that occur between government & business?
All are correct guidelines
Philanthropic
All are related to government & business interactions
60 days

28. What is NOT an illegal basis of discrimination?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Sarbanes-Oxley Act
Education
When a lawyer withdraws legal representation for their client & notifies the proper authorities

29. What statement is TRUE?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Telling the truth because you think it is the right thing to do
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
A grease payment make things that would normally occur happen at a faster rate

30. Who has legal responsibility for a company's actions in a corporation?
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Enquiring about off duty activities
Board of Directors

31. What statement is FALSE?
Pay raises
Random drug testing of employees is allowed in all cases
Harris vs. Forklife Systems - Inc
Decide the benefits of releasing the software now outweight the costs - & present the product as finished

32. What statement is TRUE?
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Logos - jingles - & brand names can all be ex. of trademarks
Stage 1 (person most concerned with avoiding punishment)

33. What is NOT regulated by the FDA?
Government regulations are always detrimental because the economy is self-correcting
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
Farming (suitable for agricultural use)
Illegal drugs (drugs are monitored by DEA)

34. If a resource is used at the same rate at which it can be replenished it is describes as?
Legal
Help developing countries stregthen their economics
Monopolies
Environmental equilibrium

35. The fact that in many cases a company's worth is greater than the value of its tangible assets is referred to as?
Allows foreign citizens to bring a citizen of the US to trial in the US
Goodwill (good reputation makes co. worth more)
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
A grease payment make things that would normally occur happen at a faster rate

36. What is NOT true of the WTO?
The only ethical regulation s businesses follow are mandated by the government
NIMBY (not in my backyard)
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Authoritative (leader makes decisions & tells employees what their responsibilities are)

37. What statement is NOT true?
Consumer (gives customeres more room to manipulate or deceive the business)
Outsourcing is unanimously agreed to be a beneficial process.
Harris vs. Forklife Systems - Inc
Misstating financial statements

38. What is NOT a way that government can influence businesses?
Civil Rights Act of 1964
Through PACS
Reputation
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)

39. What is NOT a regulation for insiders trading stock?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Prevent international trade crisis
Goodwill (good reputation makes co. worth more)
They can only sell stock amounting to a 10 M value at a time

40. A child cleans their room so they will be allowed to go to a friends house. Which of Kohlbergs stages are they in?
Education
Non-point source contributions
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Prevent international trade crisis

41. What case established that is was how actions were interpreted that matter in sexual harassment cases?
Harris vs. Forklife Systems - Inc
Philanthropic
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
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

42. What would NOT be illegal under the Foreign Corrupt Practices Act?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Donated to a candidates campaign
Board of Directors
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

43. What is NOT true of sexual harassment?
Oil spill
The primary factor in sexual harassment cases is the intent of the action
A move toward equality among all races in issues related to environmental hazards
OSHA

44. 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?
Stage 5 People act because they feel an obligation to society
All would be addressed in an NDA
Finding ways to eliminate the opportunities for employees to act unethically
Pump & dump

45. What is the four P's of advertising?
All are related to government & business interactions
Product - Place - Promotion - & Price
Harris vs. Forklife Systems - Inc
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

46. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Ensure worker safety
A strong focus on developing core values

47. Fossil fuels are?
The study of designing more comfortably or easily used equipment
Non-renewal resources
Ad hoc (means for this)
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources

48. What is NOT true of NAFTA?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
When a person is in a position to exploit their power for their own benefit
As part of NAFTA - Canada & US agree to help Mexico in trade matters
Post conventional (person is ruled by conscience instead of society)

49. The origins of the FDA can be traces to what ACT?
Harris vs. Forklife Systems - Inc
Philanthropic
An effective leader should be able to switch between transformational & transactional leadership styles.
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

50. A conflict of interest?
Outside employment where a person has 2 jobs which conflict with each other
When a person is in a position to exploit their power for their own benefit
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
NIMBY (not in my backyard)