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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 statement is TRUE?
Logos - jingles - & brand names can all be ex. of trademarks
Nepotism (considering the interests of family ahead of what is best for the business)
Ad hoc (means for this)
Laws regulating consumer protection

2. Ergonomics is?
The study of designing more comfortably or easily used equipment
Sexual discrimination
A person has the right to remove documents about themselves from government records
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources

3. What moral theory is NOT consequentialist?
Consumer (gives customeres more room to manipulate or deceive the business)
Kantian ethics (is deontological determines morality based on the morality of the action itself)
An intermediary who investigates complaints against a group
Dumpster diving

4. 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?
KPCS (they work to reduce circulation of conflict diamonds)
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
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
Reputation

5. What is NOT a responsibility that should be considreed by businesses?
Stage 5 People act because they feel an obligation to society
Enquiring about off duty activities
All are possible benefits
Fidiciary

6. A virus is?
When a person is in a position to exploit their power for their own benefit
All are possible benefits
A piece of code which spreads from computer to computer & can disrupt computer functions.
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)

7. A stable state economy is in a state of?
Environmental equilibrium
Foreign Corrupt Practices Act
Allows an orgin site to send information to a computers browser
Self reference criterion

8. What statement is NOT true?
All are conflicts of interest
An NDA would be appropriate in all situations
An attempt to apply moral & ethical principles to business actions
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. What is a way in which government interventions in the economy can be beneficial to consumers?
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Conflict diamonds
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Product safety regulations - Import tariffs

10. Which co was NOT implicated in the early 2000s?
Sexual harassment
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Civil case (feel their rights have been violated)
Economical

11. The Fair Labor Standards Act?
KPCS (they work to reduce circulation of conflict diamonds)
Sets forth standards for management in relations with labor unions
Lawyers
Outside employment where a person has 2 jobs which conflict with each other

12. 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?
Immanuel Kant
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Pump & dump
Radioactive products (threat to public safety)

13. According to teleological ethics an action's morality is determined based on its consequences?
A system of accountability - oversight - & control within the company
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
When a lawyer withdraws legal representation for their client & notifies the proper authorities

14. How many days of notice does the WARN Act require employers to give employees?
The act did all
60 days
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
NDA (non-disclosure agreements are legal & binding)

15. What situation would be considered moral under Kantian theory?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
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
When a lawyer withdraws legal representation for their client & notifies the proper authorities

16. Why did Supreme Court rule in favor of Walmart in the case of Dukes vs Walmart?
Act utilitarianism (called maximizing utility)
Because Dukes could not proves all women employees faced discrimination practices
All are conflicts of interest
Civil case (feel their rights have been violated)

17. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
All would be addressed in an NDA
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
They can only sell stock amounting to a 10 M value at a time

18. Some people believe that women earn less than men because female held jobs have been historically devalued - & that women should be given equal pay for equal work. This belief called?
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Comparable worth
NIMBY (not in my backyard)

19. Fossil fuels are?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Government regulations are always detrimental because the economy is self-correcting
Non-renewal resources
Donating money to a humanitarian organizaiton for the purchase of blankets

20. What is NOT an illegal basis of discrimination?
Stage 5 People act because they feel an obligation to society
Pay raises
Product safety regulations - Import tariffs
Education

21. What would NOT be illegal under the Foreign Corrupt Practices Act?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
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
The considerations of large co about the well being of society when they make business decisions
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary

22. What is NOT true of the WTO?
Regulate how a co should manage certain processes that pollute the environment
KPCS (they work to reduce circulation of conflict diamonds)
Misstating financial statements
The WTO is governed by a conference of Secretariats with one Secretariat from each country

23. What is NOT a type of discrimination investigated by the EEOC?
Foreign Corrupt Practices Act
Environmental equilibrium
Education
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

24. Utilitarianism is a type of?
Stage 5 People act because they feel an obligation to society
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

25. What statement would be the most correct under a classical view of business?
When a person is in a position to exploit their power for their own benefit
Government regulations are always detrimental because the economy is self-correcting
Farming (suitable for agricultural use)
Harris vs. Forklife Systems - Inc

26. 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)
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Stage 1 (person most concerned with avoiding punishment)
Telling the truth because you think it is the right thing to do

27. What is NOT legally required in management relations with labor unions?
Dumpster diving
All are possible benefits
Sets forth standards for management in relations with labor unions
That management agrees to terms set forth by labor unions

28. 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?
OSHA
Pump & dump
Stage 4 (people are motivated primarily by authority such as law)
The considerations of large co about the well being of society when they make business decisions

29. Which act makes it illegal for US citizens to participate in bribes?
Farming (suitable for agricultural use)
When a person or co. trades goods or services in place of money.
Democratic leadership style
Foreign Corrupt Practices Act

30. The intent of the Sarbanes-Oxley Act was to?
The study of designing more comfortably or easily used equipment
Immanuel Kant
It is unanimously agreed that there is a dire need for it in todays society
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

31. What statement is TRUE?
Education
Product - Place - Promotion - & Price
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Ad hoc (means for this)

32. What BEST describes the old social contract?
They can only sell stock amounting to a 10 M value at a time
Because Dukes could not proves all women employees faced discrimination practices
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Sexual harassment

33. What is regulated by FDA?
Patriot Act
Civil Rights Act of 1964
Radioactive products (threat to public safety)
Harris vs. Forklife Systems - Inc

34. What is true about spam?
Prevent international trade crisis
Allows foreign citizens to bring a citizen of the US to trial in the US
Kerr-McGee (plutonium tampering)
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

35. A person helps an old lady across the street because they think that it is the right thing to do - & makes them feel useful & happy. Which of Kohlbergs stages are they in?
Post conventional (person is ruled by conscience instead of society)
Pay raises
The considerations of large co about the well being of society when they make business decisions
Through PACS

36. the merger between Delta Air Lines & Northwest Airlines raised concerns about what?
All would be addressed in an NDA
Monopolies
Stage 4 (people are motivated primarily by authority such as law)
Help developing countries stregthen their economics

37. The origins of the FDA can be traces to what ACT?
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.
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
All are related to government & business interactions
An intermediary who investigates complaints against a group

38. What is NOT a right outlined in the Privacy Act of 1974?
Ensure worker safety
Environmental equilibrium
A person has the right to remove documents about themselves from government records
Conflict diamonds

39. What is NOT regulated by the FDA?
Product - Place - Promotion - & Price
Diamonds which are sold with the purpose of funding insurrection or war.
Outsourcing is unanimously agreed to be a beneficial process.
Illegal drugs (drugs are monitored by DEA)

40. What is NOT an unethical pricing strategy?
Price cancellation
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Hard money
A grease payment make things that would normally occur happen at a faster rate

41. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Product - Place - Promotion - & Price
Education
Non-point source contributions
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

42. The term quid pro quo related to what issue?
Sexual harassment
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
A move toward equality among all races in issues related to environmental hazards
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

43. The Dukes vs. Walmart case involves which issue?
EEOC (has to do with employment in US)
All are stakeholders
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Sexual discrimination

44. A noisy withdrawal would be done by?
OSHA
Advertising which involves technically true claims which are misleading by nature.
Lawyers
Democratic leadership style

45. What types of contributions to a political campaign have donations limits imposed by law?
Logos - jingles - & brand names can all be ex. of trademarks
Reputation
Hard money
Through PACS

46. What of the following is TRUE?
A piece of code which spreads from computer to computer & can disrupt computer functions.
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
It is unanimously agreed that there is a dire need for it in todays society
PACS are organized by SIGs (special interest groups)

47. What is NOT a type of imperative considered under Kantian ethics?
Universal imperative
Legal
Reputation
When a person or co. trades goods or services in place of money.

48. If people object to something being built near their homes it is referred to as?
To lower greenhouse gas emissions
NIMBY (not in my backyard)
Civil Rights Act of 1964
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

49. Business ethics is?
NIMBY (not in my backyard)
Illegal drugs (drugs are monitored by DEA)
Civil case (feel their rights have been violated)
An attempt to apply moral & ethical principles to business actions

50. The Alien Tort Claims Act?
Allows foreign citizens to bring a citizen of the US to trial in the US
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
The considerations of large co about the well being of society when they make business decisions
Any program which seeks to reverse the effects of any form of discrimination