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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 the four P's of advertising?
Product - Place - Promotion - & Price
A strong focus on developing core values
Money that is donated to political parties for the purpose of party building activities
Discrimination

2. Arable land is used for?
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Farming (suitable for agricultural use)
Price cancellation
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

3. The fact that in many cases a company's worth is greater than the value of its tangible assets is referred to as?
Altruism (refers to placing the needs of another above oneself)
Goodwill (good reputation makes co. worth more)
All are possible benefits
Comparable worth

4. Which act makes it illegal for US citizens to participate in bribes?
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Foreign Corrupt Practices Act
Kerr-McGee (plutonium tampering)
The only ethical regulation s businesses follow are mandated by the government

5. A grease payment can also be called?
A piece of code which spreads from computer to computer & can disrupt computer functions.
60 days
Facilitating payment
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

6. What is the stakeholder model of corporate governance?
Discrimination
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
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Price cancellation

7. What is NOT an example of an in kind contribution?
NIMBY (not in my backyard)
Non-renewal resources
Donating money to a humanitarian organizaiton for the purchase of blankets
Authoritative (leader makes decisions & tells employees what their responsibilities are)

8. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
Consumer (gives customeres more room to manipulate or deceive the business)
60 days
Democratic leadership style
NDA (non-disclosure agreements are legal & binding)

9. What is NOT a result of a shift to the new social contract?
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Pay raises
Education
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources

10. What type of responsibility is the LEAST regulated?
Environmental equilibrium
Outsourcing is unanimously agreed to be a beneficial process.
A move toward equality among all races in issues related to environmental hazards
Philanthropic

11. What is NOT a legal way for employers to monitor employees?
An attempt to apply moral & ethical principles to business actions
Enquiring about off duty activities
Logos - jingles - & brand names can all be ex. of trademarks
A maxim must be specific (should be generalized)

12. What is best ex. of point secure pollution?
Universal Ethics Protocol organization
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Logos - jingles - & brand names can all be ex. of trademarks
Oil spill

13. the merger between Delta Air Lines & Northwest Airlines raised concerns about what?
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Donated to a candidates campaign
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Monopolies

14. What is a way in which government interventions in the economy can be beneficial to consumers?
Equal Employment Opportunity Commission
Product safety regulations - Import tariffs
Discrimination
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to

15. What is NOT a reason clinton's attempt at healthcare reform in the early 1990s failed?
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
When a person or co. trades goods or services in place of money.
The considerations of large co about the well being of society when they make business decisions
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.

16. 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?
NDA (non-disclosure agreements are legal & binding)
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Act utilitarianism
Product - Place - Promotion - & Price

17. Why did Supreme Court rule in favor of Walmart in the case of Dukes vs Walmart?
Harris vs. Forklife Systems - Inc
Laws regulating consumer protection
Help developing countries stregthen their economics
Because Dukes could not proves all women employees faced discrimination practices

18. What is NOT a form of marketing fraud?
Ethical egosim (states if it benefits the person then it is the right thing to do)
Misstating financial statements
Self reference criterion
Non-renewal resources

19. What types of contributions to a political campaign have donations limits imposed by law?
Monopolies
Hard money
Regulate how a co should manage certain processes that pollute the environment
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.

20. The Tyco scandal is associated with which ACT?
Sexual harassment
Sarbanes-Oxley Act
Allows an orgin site to send information to a computers browser
Stage 1 (person most concerned with avoiding punishment)

21. A business practices underhanded accounting practices to raise stock prices & make money. Which type of ethics does this fall under?
Outsourcing is unanimously agreed to be a beneficial process.
Economical
Price cancellation
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

22. Karen Silkwood is associated with?
Patriot Act
Economical
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Kerr-McGee (plutonium tampering)

23. 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
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
The considerations of large co about the well being of society when they make business decisions
Stage 5 People act because they feel an obligation to society

24. What term is synonymous with philanthropy?
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
An effective leader should be able to switch between transformational & transactional leadership styles.
Altruism (refers to placing the needs of another above oneself)

25. A conflict of interest?
When a person is in a position to exploit their power for their own benefit
It requires employers to give workers notice before mass layoffs so that they can prepare
A piece of code which spreads from computer to computer & can disrupt computer functions.
A move toward equality among all races in issues related to environmental hazards

26. 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?
Product safety regulations - Import tariffs
As part of NAFTA - Canada & US agree to help Mexico in trade matters
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Legal

27. What statement is TRUE?
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
All are conflicts of interest
OSHA
Any program which seeks to reverse the effects of any form of discrimination

28. Lobbying is?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Act utilitarianism (called maximizing utility)
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
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

29. What aid employers in keeping information private?
All are related to government & business interactions
NDA (non-disclosure agreements are legal & binding)
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Diamonds which are sold with the purpose of funding insurrection or war.

30. What is NOT concern relative to outsourcing?
Harris vs. Forklife Systems - Inc
All are possible benefits
Authoritative (leader makes decisions & tells employees what their responsibilities are)
All are concerns about outsourcing

31. Hard money is?
Donated to a candidates campaign
EEOC (has to do with employment in US)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
The study of designing more comfortably or easily used equipment

32. What statement is NOT true?
Discrimination
When a person is in a position to exploit their power for their own benefit
Outsourcing is unanimously agreed to be a beneficial process.
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.

33. What is the purpose of the Kyoto Protocol?
NIMBY (not in my backyard)
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Pump & dump
To lower greenhouse gas emissions

34. A cookie?
Allows an orgin site to send information to a computers browser
All would be addressed in an NDA
A strong focus on developing core values
All are possible benefits

35. Ethical & philanthropic responsibilities are important in building?
NIMBY (not in my backyard)
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Reputation
Monopolies

36. What statement would be the most correct under a classical view of business?
All are concerns about outsourcing
A move toward equality among all races in issues related to environmental hazards
Allows foreign citizens to bring a citizen of the US to trial in the US
Government regulations are always detrimental because the economy is self-correcting

37. What is NOT a conflict of interest?
PACS are organized by SIGs (special interest groups)
All are conflicts of interest
An attempt to apply moral & ethical principles to business actions
KPCS (they work to reduce circulation of conflict diamonds)

38. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
To ensure & protect public health & safety
Non-point source contributions
Sarbanes-Oxley Act
Outside employment where a person has 2 jobs which conflict with each other

39. Does the Foreign Corrupt Practices Act include grease payments?
An intermediary who investigates complaints against a group
Ad hoc (means for this)
Environmental equilibrium
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

40. Corporate citizenship?
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Pump & dump
The considerations of large co about the well being of society when they make business decisions
To lower greenhouse gas emissions

41. 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)
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Pump & dump

42. Implied falsity?
Universal Ethics Protocol organization
Prevent international trade crisis
Goodwill (good reputation makes co. worth more)
Advertising which involves technically true claims which are misleading by nature.

43. A lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
All are stakeholders
Legal
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
All are examples of corporate espionage

44. What case established that is was how actions were interpreted that matter in sexual harassment cases?
Harris vs. Forklife Systems - Inc
Board of Directors
Environmental equilibrium
Monopolies

45. The intent of the Sarbanes-Oxley Act was to?
Harris vs. Forklife Systems - Inc
Non-point source contributions
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Act utilitarianism (called maximizing utility)

46. What statement is FALSE?
Altruism (refers to placing the needs of another above oneself)
Random drug testing of employees is allowed in all cases
NDA (non-disclosure agreements are legal & binding)
Kantian ethics (is deontological determines morality based on the morality of the action itself)

47. What statement is TRUE?
KPCS (they work to reduce circulation of conflict diamonds)
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
Laws regulating consumer protection
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary

48. What term describes a moral theory which derives morality from actions?
Act utilitarianism
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
A strong focus on developing core values

49. Protections for workers from workplace hazard are regulated & mandated by what agency?
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
OSHA
Oil spill
Reputation

50. 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?
Logos - jingles - & brand names can all be ex. of trademarks
Stage 2 people are concerned with obtaining rewards
Reputation
Civil Rights Act of 1964