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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.
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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 grease payment can also be called?
A person has the right to remove documents about themselves from government records
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Reputation
Facilitating payment

2. What moral theory considers the action resulting in the greatest benefit to all people as the most moral action?
When a lawyer withdraws legal representation for their client & notifies the proper authorities
When a person is in a position to exploit their power for their own benefit
Illegal drugs (drugs are monitored by DEA)
Act utilitarianism (called maximizing utility)

3. What is NOT a regulation for insiders trading stock?
Altruism (refers to placing the needs of another above oneself)
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
They can only sell stock amounting to a 10 M value at a time

4. A software designer knows there are some minor problems with the software they are develoing. However - if they wait to declare the product finished - it will not be released before another similar products - which would be highly damaging to its suc
Facilitating payment
The primary factor in sexual harassment cases is the intent of the action
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Decide the benefits of releasing the software now outweight the costs - & present the product as finished

5. What is NOT a form of marketing fraud?
Pay raises
Misstating financial statements
That management agrees to terms set forth by labor unions
Hard money

6. A business practices underhanded accounting practices to raise stock prices & make money. Which type of ethics does this fall under?
Ethical egosim (states if it benefits the person then it is the right thing to do)
Prevent international trade crisis
Economical
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

7. The Alien Tort Claims Act?
Allows foreign citizens to bring a citizen of the US to trial in the US
Foreign Corrupt Practices Act
Sexual discrimination
Democratic leadership style

8. What statement is FALSE?
Immanuel Kant
Help developing countries stregthen their economics
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
The only ethical regulation s businesses follow are mandated by the government

9. Hiring family members would be considered which type of conflict of interest?
All are examples of corporate espionage
Democratic leadership style
Nepotism (considering the interests of family ahead of what is best for the business)
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.

10. A child cleans their room so they will be allowed to go to a friends house. Which of Kohlbergs stages are they in?
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
Sexual discrimination
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Product safety regulations - Import tariffs

11. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Non-point source contributions
Illegal drugs (drugs are monitored by DEA)
Board of Directors
When a person or co. trades goods or services in place of money.

12. A cookie?
When a person is in a position to exploit their power for their own benefit
Because Dukes could not proves all women employees faced discrimination practices
Allows an orgin site to send information to a computers browser
Decide the benefits of releasing the software now outweight the costs - & present the product as finished

13. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
Reputation
Authoritative (leader makes decisions & tells employees what their responsibilities are)
All are concerns about outsourcing
Radioactive products (threat to public safety)

14. Utilitarianism is a type of?
Ad hoc (means for this)
A system of accountability - oversight - & control within the company
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Farming (suitable for agricultural use)

15. What is NOT regulated by the FDA?
PACS are organized by SIGs (special interest groups)
NDA (non-disclosure agreements are legal & binding)
Illegal drugs (drugs are monitored by DEA)
Enquiring about off duty activities

16. The EEOC investiges violations of the?
Civil Rights Act of 1964
Comparable worth
Dumpster diving
All are concerns about outsourcing

17. 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
All are conflicts of interest
Environmental equilibrium
Education

18. What would NOT be addressed in a Non-disclosure agreement?
Education
Conform to the highest standards in all businesses whether overseas or not
An NDA would be appropriate in all situations
All would be addressed in an NDA

19. What act conflicts with the Privacy Act of 1974?
Stage 4 (people are motivated primarily by authority such as law)
Conflict diamonds
As part of NAFTA - Canada & US agree to help Mexico in trade matters
Patriot Act

20. What does NOT focus on increasing the ethical awareness of employees & strengthening the ethical culture of a workplace?
Ad hoc (means for this)
Comparable worth
Lawyers
Democratic leadership style

21. Arable land is used for?
All are possible benefits
Statistical discrimination - Unintentional discrimination
They can only sell stock amounting to a 10 M value at a time
Farming (suitable for agricultural use)

22. What agency does not relate in some manner to international trade?
All are conflicts of interest
EEOC (has to do with employment in US)
Stage 1 (person most concerned with avoiding punishment)
Product - Place - Promotion - & Price

23. Protections for workers from workplace hazard are regulated & mandated by what agency?
OSHA
Monopolies
Allows an orgin site to send information to a computers browser
All are related to government & business interactions

24. What is NOT a way that government can influence businesses?
Through PACS
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
A system of accountability - oversight - & control within the company
Ad hoc (means for this)

25. What is NOT related to the interactions that occur between government & business?
Help developing countries stregthen their economics
Patriot Act
All are related to government & business interactions
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

26. Business ethics is?
All are stakeholders
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
An attempt to apply moral & ethical principles to business actions

27. Who has legal responsibility for a company's actions in a corporation?
Non-renewal resources
Logos - jingles - & brand names can all be ex. of trademarks
Board of Directors
When a person or co. trades goods or services in place of money.

28. The FTC was created to monitor which type of regulation?
Laws regulating consumer protection
EEOC (has to do with employment in US)
It is unanimously agreed that there is a dire need for it in todays society
Donated to a candidates campaign

29. The purpose of the World Bank is?
60 days
Help developing countries stregthen their economics
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Democratic leadership style

30. What is NOT a conflict of interest?
Money that is donated to political parties for the purpose of party building activities
All are conflicts of interest
NDA (non-disclosure agreements are legal & binding)
Education

31. What is environmental justice?
Fidiciary
A move toward equality among all races in issues related to environmental hazards
A strong focus on developing core values
The only ethical regulation s businesses follow are mandated by the government

32. The Fair Labor Standards Act?
Sets forth standards for management in relations with labor unions
Environmental equilibrium
Equal Employment Opportunity Commission
All are correct guidelines

33. What is regulated by FDA?
Radioactive products (threat to public safety)
Sexual harassment
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)

34. The term glass ceiling related to which employer-employee relations issue?
Sarbanes-Oxley Act
Immanuel Kant
Discrimination
Illegal drugs (drugs are monitored by DEA)

35. What situation would be considered moral under Kantian theory?
Telling the truth because you think it is the right thing to do
Discrimination
Facilitating payment
All are related to government & business interactions

36. The Tyco scandal is associated with which ACT?
Education
Sarbanes-Oxley Act
Legal
Stage 5 People act because they feel an obligation to society

37. What type of information is complied to answer a specific question?
Environmental equilibrium
Ad hoc (means for this)
Civil case (feel their rights have been violated)
Random drug testing of employees is allowed in all cases

38. What is NOT an attempt at creating a universal ethical standard?
The considerations of large co about the well being of society when they make business decisions
Universal Ethics Protocol organization
A grease payment make things that would normally occur happen at a faster rate
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)

39. Karen Silkwood is associated with?
Kerr-McGee (plutonium tampering)
A maxim must be specific (should be generalized)
All are related to government & business interactions
The only ethical regulation s businesses follow are mandated by the government

40. Why did Supreme Court rule in favor of Walmart in the case of Dukes vs Walmart?
All are stakeholders
Because Dukes could not proves all women employees faced discrimination practices
Dumpster diving
Self reference criterion

41. What is NOT true of sexual harassment?
The primary factor in sexual harassment cases is the intent of the action
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Ad hoc (means for this)
Universal imperative

42. What statement is TRUE?
Philanthropic
Any program which seeks to reverse the effects of any form of discrimination
Advertising which involves technically true claims which are misleading by nature.
Logos - jingles - & brand names can all be ex. of trademarks

43. What term describes a moral theory which derives morality from actions?
Discrimination
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources

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?
Stage 5 People act because they feel an obligation to society
Act utilitarianism (called maximizing utility)
A strong focus on developing core values
Sets forth standards for management in relations with labor unions

45. A lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
Legal
Enquiring about off duty activities
Pay raises
Universal Ethics Protocol organization

46. 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?
When a lawyer withdraws legal representation for their client & notifies the proper authorities
Enquiring about off duty activities
Harris vs. Forklife Systems - Inc
Stage 4 (people are motivated primarily by authority such as law)

47. What statement would be the most correct under a classical view of business?
Product - Place - Promotion - & Price
Government regulations are always detrimental because the economy is self-correcting
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
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)

48. What is NOT an unethical pricing strategy?
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
Price cancellation
Universal imperative
When a person or co. trades goods or services in place of money.

49. What statement is FALSE?
Random drug testing of employees is allowed in all cases
Conflict diamonds
Economical
Outsourcing is unanimously agreed to be a beneficial process.

50. What statement best describes the difference between corporate intelligence & corpirate espionage?
Non-point source contributions
Lawyers
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
A grease payment make things that would normally occur happen at a faster rate