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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 lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
Legal
The WTO is governed by a conference of Secretariats with one Secretariat from each country
All are stakeholders
Government regulations are always detrimental because the economy is self-correcting

2. Who has legal responsibility for a company's actions in a corporation?
Board of Directors
Nepotism (considering the interests of family ahead of what is best for the business)
Stage 5 People act because they feel an obligation to society
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)

3. The Fair Labor Standards Act?
Legal
An attempt to apply moral & ethical principles to business actions
All are related to government & business interactions
Sets forth standards for management in relations with labor unions

4. 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 primary factor in sexual harassment cases is the intent of the action
Pump & dump
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)

5. Fossil fuels are?
Conflict diamonds
An effective leader should be able to switch between transformational & transactional leadership styles.
Non-renewal resources
Oil spill

6. A grease payment can also be called?
Laws regulating consumer protection
Non-point source contributions
Facilitating payment
Environmental equilibrium

7. What is NOT a guideline set forth by Supreme court to be used in creating affirmative action programs?
Conform to the highest standards in all businesses whether overseas or not
Telling the truth because you think it is the right thing to do
All are correct guidelines
Decide the benefits of releasing the software now outweight the costs - & present the product as finished

8. 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?
Comparable worth
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
A system of accountability - oversight - & control within the company
Stage 1 (person most concerned with avoiding punishment)

9. If a person were to sue a co. for not fulfilling a contractual obligation it would be?
Goodwill (good reputation makes co. worth more)
Civil case (feel their rights have been violated)
Universal Ethics Protocol organization
A strong focus on developing core values

10. 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
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Prevent international trade crisis
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

11. OSHA was created to?
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Patriot Act
Ensure worker safety
A grease payment make things that would normally occur happen at a faster rate

12. What statement is TRUE?
Pump & dump
A grease payment make things that would normally occur happen at a faster rate
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Altruism (refers to placing the needs of another above oneself)

13. What statement about Corporate Social Responsibility is FALSE?
It is unanimously agreed that there is a dire need for it in todays society
Civil case (feel their rights have been violated)
The only ethical regulation s businesses follow are mandated by the government
Radioactive products (threat to public safety)

14. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
That management agrees to terms set forth by labor unions
Outside employment where a person has 2 jobs which conflict with each other
A maxim must be specific (should be generalized)
Farming (suitable for agricultural use)

15. Oversight refers to?
NDA (non-disclosure agreements are legal & binding)
The act did all
Finding ways to eliminate the opportunities for employees to act unethically
A strong focus on developing core values

16. 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
Civil Rights Act of 1964
The study of designing more comfortably or easily used equipment
Goodwill (good reputation makes co. worth more)

17. What of the following is TRUE?
Finding ways to eliminate the opportunities for employees to act unethically
Reputation
Laws regulating consumer protection
PACS are organized by SIGs (special interest groups)

18. What theory claims that ethical beliefs are determined by the society in which one lives?
Lawyers
The act did all
Consumer (gives customeres more room to manipulate or deceive the business)
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

19. What is regulated by FDA?
Product - Place - Promotion - & Price
Illegal drugs (drugs are monitored by DEA)
It requires employers to give workers notice before mass layoffs so that they can prepare
Radioactive products (threat to public safety)

20. The term glass ceiling related to which employer-employee relations issue?
The act did all
Discrimination
Farming (suitable for agricultural use)
Environmental equilibrium

21. What act conflicts with the Privacy Act of 1974?
Patriot Act
Pump & dump
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Legal

22. What is a standard that aides companies in improving their environmental practices?
Consumer (gives customeres more room to manipulate or deceive the business)
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Fidiciary

23. What statement is TRUE?
Statistical discrimination - Unintentional discrimination
That management agrees to terms set forth by labor unions
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

24. 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?
Hard money
Stage 4 (people are motivated primarily by authority such as law)
NDA (non-disclosure agreements are legal & binding)
An NDA would be appropriate in all situations

25. What is NOT related to the interactions that occur between government & business?
All are related to government & business interactions
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Kantian ethics (is deontological determines morality based on the morality of the action itself)
OSHA

26. What is a way in which government interventions in the economy can be beneficial to consumers?
Product safety regulations - Import tariffs
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Regulate how a co should manage certain processes that pollute the environment
Civil case (feel their rights have been violated)

27. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
KPCS (they work to reduce circulation of conflict diamonds)
Donated to a candidates campaign
A strong focus on developing core values
Sarbanes-Oxley Act

28. 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?
OSHA
Pay raises
Stage 2 people are concerned with obtaining rewards
The act did all

29. What is NOT an agency responsible for protecting workers health?
Sets forth standards for management in relations with labor unions
KPCS (they work to reduce circulation of conflict diamonds)
Kerr-McGee (plutonium tampering)
As part of NAFTA - Canada & US agree to help Mexico in trade matters

30. Ethical & philanthropic responsibilities are important in building?
A move toward equality among all races in issues related to environmental hazards
The study of designing more comfortably or easily used equipment
Outside employment where a person has 2 jobs which conflict with each other
Reputation

31. What is NOT an example of an in kind contribution?
A system of accountability - oversight - & control within the company
Donating money to a humanitarian organizaiton for the purchase of blankets
A grease payment make things that would normally occur happen at a faster rate
NDA (non-disclosure agreements are legal & binding)

32. What aid employers in keeping information private?
NIMBY (not in my backyard)
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
NDA (non-disclosure agreements are legal & binding)
It is unanimously agreed that there is a dire need for it in todays society

33. The Alien Tort Claims Act?
Economical
Allows foreign citizens to bring a citizen of the US to trial in the US
60 days
Comparable worth

34. What is NOT concern relative to outsourcing?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
An NDA would be appropriate in all situations
All are concerns about outsourcing
The only ethical regulation s businesses follow are mandated by the government

35. What is NOT a way that government can influence businesses?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
The only ethical regulation s businesses follow are mandated by the government
Through PACS
To ensure & protect public health & safety

36. What are conflict diamonds?
Nepotism (considering the interests of family ahead of what is best for the business)
Diamonds which are sold with the purpose of funding insurrection or war.
Equal Employment Opportunity Commission
A grease payment make things that would normally occur happen at a faster rate

37. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
Democratic leadership style
All are ways businesses are regulated
Consumer (gives customeres more room to manipulate or deceive the business)
Universal Ethics Protocol organization

38. 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
All are concerns about outsourcing
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Oil spill

39. How many days of notice does the WARN Act require employers to give employees?
Ad hoc (means for this)
60 days
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Allows foreign citizens to bring a citizen of the US to trial in the US

40. What is NOT an attempt at creating a universal ethical standard?
Universal Ethics Protocol organization
Sexual discrimination
To lower greenhouse gas emissions
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

41. What is NOT a rule for creating maxims under Kantian ethics?
Help developing countries stregthen their economics
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
A maxim must be specific (should be generalized)

42. A noisy withdrawal would be done by?
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
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
Lawyers

43. The purpose of the World Bank is?
Help developing countries stregthen their economics
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
An effective leader should be able to switch between transformational & transactional leadership styles.
Because Dukes could not proves all women employees faced discrimination practices

44. What theiry claims that person should only act in their own best interst?
Ethical egosim (states if it benefits the person then it is the right thing to do)
The act did all
Universal Ethics Protocol organization
Donating money to a humanitarian organizaiton for the purchase of blankets

45. What best describes soft money?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Prevent international trade crisis
The primary factor in sexual harassment cases is the intent of the action
Money that is donated to political parties for the purpose of party building activities

46. What statement is TRUE?
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Pump & dump
Logos - jingles - & brand names can all be ex. of trademarks
Post conventional (person is ruled by conscience instead of society)

47. Protections for workers from workplace hazard are regulated & mandated by what agency?
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
Misstating financial statements
OSHA
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

48. What is the responsibility of the FDA?
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
PACS are organized by SIGs (special interest groups)
Post conventional (person is ruled by conscience instead of society)

49. Which act makes it illegal for US citizens to participate in bribes?
Foreign Corrupt Practices Act
Act utilitarianism (called maximizing utility)
An effective leader should be able to switch between transformational & transactional leadership styles.
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

50. The purpose of the International Monetary Fund?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Farming (suitable for agricultural use)
Prevent international trade crisis
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)