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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. Fossil fuels are?
To ensure & protect public health & safety
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Non-renewal resources
Regulate how a co should manage certain processes that pollute the environment

2. What type of responsibility is the LEAST regulated?
It is unanimously agreed that there is a dire need for it in todays society
Philanthropic
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Diamonds which are sold with the purpose of funding insurrection or war.

3. What statement BEST describes attitudes toward outsourcing?
Price cancellation
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
Foreign Corrupt Practices Act
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.

4. Corporate governance?
A system of accountability - oversight - & control within the company
All are examples of corporate espionage
Any program which seeks to reverse the effects of any form of discrimination
Farming (suitable for agricultural use)

5. What is NOT an ex. of social engineering?
Immanuel Kant
EEOC (has to do with employment in US)
Dumpster diving
Misstating financial statements

6. 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?
Stage 4 (people are motivated primarily by authority such as law)
Economical
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Allows an orgin site to send information to a computers browser

7. What is NOT a guideline set forth by Supreme court to be used in creating affirmative action programs?
Advertising which involves technically true claims which are misleading by nature.
The act did all
All are correct guidelines
Stage 4 (people are motivated primarily by authority such as law)

8. What term describes a moral theory which derives morality from actions?
Radioactive products (threat to public safety)
Universal imperative
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Board of Directors

9. What statement is TRUE?
Donating money to a humanitarian organizaiton for the purchase of blankets
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Government regulations are always detrimental because the economy is self-correcting
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

10. What is the four P's of advertising?
Product - Place - Promotion - & Price
Comparable worth
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
An attempt to apply moral & ethical principles to business actions

11. The FTC was created to monitor which type of regulation?
Telling the truth because you think it is the right thing to do
60 days
Education
Laws regulating consumer protection

12. What of the following is TRUE?
KPCS (they work to reduce circulation of conflict diamonds)
PACS are organized by SIGs (special interest groups)
A maxim must be specific (should be generalized)
Immanuel Kant

13. According to teleological ethics an action's morality is determined based on its consequences?
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
All are ways businesses are regulated
Farming (suitable for agricultural use)

14. 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?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Pump & dump
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Outside employment where a person has 2 jobs which conflict with each other

15. What is NOT a regulation for insiders trading stock?
They can only sell stock amounting to a 10 M value at a time
Facilitating payment
Patriot Act
Allows foreign citizens to bring a citizen of the US to trial in the US

16. What would NOT be illegal under the Foreign Corrupt Practices Act?
Democratic leadership style
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Environmental equilibrium
It requires employers to give workers notice before mass layoffs so that they can prepare

17. What statement would be the most correct under a classical view of business?
Sets forth standards for management in relations with labor unions
Government regulations are always detrimental because the economy is self-correcting
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Hard money

18. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
Product - Place - Promotion - & Price
All are stakeholders
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

19. What statement is TRUE?
A maxim must be specific (should be generalized)
Illegal drugs (drugs are monitored by DEA)
Random drug testing of employees is allowed in all cases
A grease payment make things that would normally occur happen at a faster rate

20. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
Statistical discrimination - Unintentional discrimination
A strong focus on developing core values
Stage 2 people are concerned with obtaining rewards
Non-point source contributions

21. Corporate citizenship?
Price cancellation
Statistical discrimination - Unintentional discrimination
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
The considerations of large co about the well being of society when they make business decisions

22. Business ethics is?
An attempt to apply moral & ethical principles to business actions
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Post conventional (person is ruled by conscience instead of society)
Ensure worker safety

23. What is NOT regulated by the FDA?
Pump & dump
All would be addressed in an NDA
Sexual discrimination
Illegal drugs (drugs are monitored by DEA)

24. What is NOT an example of an in kind contribution?
Reputation
Donating money to a humanitarian organizaiton for the purchase of blankets
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
It is unanimously agreed that there is a dire need for it in todays society

25. What is NOT true of sexual harassment?
The primary factor in sexual harassment cases is the intent of the action
Non-point source contributions
All are ways businesses are regulated
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)

26. Implied falsity?
As part of NAFTA - Canada & US agree to help Mexico in trade matters
Education
Logos - jingles - & brand names can all be ex. of trademarks
Advertising which involves technically true claims which are misleading by nature.

27. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Dumpster diving
Any program which seeks to reverse the effects of any form of discrimination
They can only sell stock amounting to a 10 M value at a time
Non-point source contributions

28. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
All are correct guidelines
OSHA
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Product - Place - Promotion - & Price

29. What type of information is complied to answer a specific question?
Ad hoc (means for this)
When a lawyer withdraws legal representation for their client & notifies the proper authorities
All are concerns about outsourcing
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)

30. The Kimberley Process Certification Scheme was created to stop the circulation of?
KPCS (they work to reduce circulation of conflict diamonds)
That management agrees to terms set forth by labor unions
Education
Conflict diamonds

31. The origins of the FDA can be traces to what ACT?
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Stage 4 (people are motivated primarily by authority such as law)
Donated to a candidates campaign
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

32. What is the stakeholder model of corporate governance?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
An NDA would be appropriate in all situations
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.
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

33. What is NOT an unethical pricing strategy?
Through PACS
A strong focus on developing core values
Donated to a candidates campaign
Price cancellation

34. A grease payment can also be called?
Through PACS
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Immanuel Kant
Facilitating payment

35. What is NOT a way in which business's are regulated?
Outsourcing is unanimously agreed to be a beneficial process.
An effective leader should be able to switch between transformational & transactional leadership styles.
All are ways businesses are regulated
Authoritative (leader makes decisions & tells employees what their responsibilities are)

36. Hiring family members would be considered which type of conflict of interest?
Education
Environmental equilibrium
Nepotism (considering the interests of family ahead of what is best for the business)
PACS are organized by SIGs (special interest groups)

37. Oversight refers to?
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Finding ways to eliminate the opportunities for employees to act unethically
Outsourcing is unanimously agreed to be a beneficial process.
Goodwill (good reputation makes co. worth more)

38. What is NOT a reason clinton's attempt at healthcare reform in the early 1990s failed?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary

39. What is NOT true of the WTO?
Prevent international trade crisis
Ad hoc (means for this)
Stage 1 (person most concerned with avoiding punishment)
The WTO is governed by a conference of Secretariats with one Secretariat from each country

40. The EEOC investiges violations of the?
Allows foreign citizens to bring a citizen of the US to trial in the US
Goodwill (good reputation makes co. worth more)
Civil Rights Act of 1964
Sexual harassment

41. Ergonomics is?
The study of designing more comfortably or easily used equipment
Product safety regulations - Import tariffs
Goodwill (good reputation makes co. worth more)
Self reference criterion

42. 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?
Nepotism (considering the interests of family ahead of what is best for the business)
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Education

43. What types of contributions to a political campaign have donations limits imposed by law?
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
PACS are organized by SIGs (special interest groups)
Hard money

44. A manager implements new safety procedures because they feel obligated to protect the safety of their employees. Which of Kolhbergs stages does this describe?
Price cancellation
Stage 5 People act because they feel an obligation to society
Stage 4 (people are motivated primarily by authority such as law)
To lower greenhouse gas emissions

45. What statement is TRUE?
An effective leader should be able to switch between transformational & transactional leadership styles.
A move toward equality among all races in issues related to environmental hazards
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Ensure worker safety

46. What would NOT be addressed in a Non-disclosure agreement?
All would be addressed in an NDA
OSHA
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Sets forth standards for management in relations with labor unions

47. What are conflict diamonds?
Diamonds which are sold with the purpose of funding insurrection or war.
Sets forth standards for management in relations with labor unions
Act utilitarianism
An effective leader should be able to switch between transformational & transactional leadership styles.

48. What is the purpose of the WARN Act?
Logos - jingles - & brand names can all be ex. of trademarks
It requires employers to give workers notice before mass layoffs so that they can prepare
Act utilitarianism (called maximizing utility)
All are ways businesses are regulated

49. Command & control regulations?
When a person or co. trades goods or services in place of money.
Regulate how a co should manage certain processes that pollute the environment
Random drug testing of employees is allowed in all cases
Civil Rights Act of 1964

50. What is regulated by FDA?
Any program which seeks to reverse the effects of any form of discrimination
Non-point source contributions
The study of designing more comfortably or easily used equipment
Radioactive products (threat to public safety)