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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. Protections for workers from workplace hazard are regulated & mandated by what agency?
OSHA
Stage 4 (people are motivated primarily by authority such as law)
An intermediary who investigates complaints against a group
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

2. What is NOT a benefit which can come to companies as a result of substainable business practices?
All are possible benefits
All are examples of corporate espionage
Hard money
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

3. A business practices underhanded accounting practices to raise stock prices & make money. Which type of ethics does this fall under?
That management agrees to terms set forth by labor unions
Act utilitarianism (called maximizing utility)
Money that is donated to political parties for the purpose of party building activities
Economical

4. Hard money is?
Non-point source contributions
Donated to a candidates campaign
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Misstating financial statements

5. What is a way in which government interventions in the economy can be beneficial to consumers?
A strong focus on developing core values
Product safety regulations - Import tariffs
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Regulate how a co should manage certain processes that pollute the environment

6. What is regulated by FDA?
Lawyers
Monopolies
Radioactive products (threat to public safety)
PACS are organized by SIGs (special interest groups)

7. What is NOT a conflict of interest?
All are conflicts of interest
OSHA
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Act utilitarianism (called maximizing utility)

8. 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?
Money that is donated to political parties for the purpose of party building activities
Comparable worth
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

9. What is the purpose of the WARN Act?
Because Dukes could not proves all women employees faced discrimination practices
Price cancellation
It requires employers to give workers notice before mass layoffs so that they can prepare
Random drug testing of employees is allowed in all cases

10. What is NOT an unethical pricing strategy?
Price cancellation
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary

11. OSHA was created to?
Comparable worth
Ensure worker safety
All would be addressed in an NDA
Finding ways to eliminate the opportunities for employees to act unethically

12. An ombudsman is?
NDA (non-disclosure agreements are legal & binding)
Sexual harassment
Misstating financial statements
An intermediary who investigates complaints against a group

13. What BEST describes affirmative action?
Donating money to a humanitarian organizaiton for the purchase of blankets
Any program which seeks to reverse the effects of any form of discrimination
Government regulations are always detrimental because the economy is self-correcting
Monopolies

14. 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?
A move toward equality among all races in issues related to environmental hazards
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Stage 2 people are concerned with obtaining rewards
Donating money to a humanitarian organizaiton for the purchase of blankets

15. What statement is TRUE?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Logos - jingles - & brand names can all be ex. of trademarks
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

16. The Tyco scandal is associated with which ACT?
Stage 1 (person most concerned with avoiding punishment)
Sarbanes-Oxley Act
Laws regulating consumer protection
Telling the truth because you think it is the right thing to do

17. What is the purpose of the Kyoto Protocol?
Universal Ethics Protocol organization
Immanuel Kant
To lower greenhouse gas emissions
Self reference criterion

18. A stable state economy is in a state of?
Civil case (feel their rights have been violated)
Radioactive products (threat to public safety)
Environmental equilibrium
Government regulations are always detrimental because the economy is self-correcting

19. What is NOT true of NAFTA?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Civil case (feel their rights have been violated)
As part of NAFTA - Canada & US agree to help Mexico in trade matters
Regulate how a co should manage certain processes that pollute the environment

20. What does EEOC stand for?
Stage 5 People act because they feel an obligation to society
Random drug testing of employees is allowed in all cases
Equal Employment Opportunity Commission
Ensure worker safety

21. 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?
All are correct guidelines
Pump & dump
Goodwill (good reputation makes co. worth more)
A person has the right to remove documents about themselves from government records

22. What is environmental justice?
Oil spill
Sarbanes-Oxley Act
A move toward equality among all races in issues related to environmental hazards
It requires employers to give workers notice before mass layoffs so that they can prepare

23. What does NOT focus on increasing the ethical awareness of employees & strengthening the ethical culture of a workplace?
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.
Democratic leadership style
Environmental equilibrium
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)

24. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
Stage 2 people are concerned with obtaining rewards
EEOC (has to do with employment in US)
Pump & dump
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

25. A grease payment can also be called?
That management agrees to terms set forth by labor unions
Facilitating payment
KPCS (they work to reduce circulation of conflict diamonds)
Democratic leadership style

26. What is NOT true of sexual harassment?
Altruism (refers to placing the needs of another above oneself)
Diamonds which are sold with the purpose of funding insurrection or war.
The primary factor in sexual harassment cases is the intent of the action
Comparable worth

27. What statement about Corporate Social Responsibility is FALSE?
Hard money
A piece of code which spreads from computer to computer & can disrupt computer functions.
It is unanimously agreed that there is a dire need for it in todays society
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

28. A cookie?
Patriot Act
Telling the truth because you think it is the right thing to do
Allows an orgin site to send information to a computers browser
OSHA

29. What would NOT be illegal under the Foreign Corrupt Practices Act?
Monopolies
It requires employers to give workers notice before mass layoffs so that they can prepare
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Outsourcing is unanimously agreed to be a beneficial process.

30. What is NOT a right outlined in the Privacy Act of 1974?
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
All are stakeholders
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
A person has the right to remove documents about themselves from government records

31. The purpose of the World Bank is?
Help developing countries stregthen their economics
Misstating financial statements
Stage 4 (people are motivated primarily by authority such as law)
Regulate how a co should manage certain processes that pollute the environment

32. What is NOT a type of imperative considered under Kantian ethics?
KPCS (they work to reduce circulation of conflict diamonds)
Universal imperative
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
To lower greenhouse gas emissions

33. What is NOT true of the WTO?
Regulate how a co should manage certain processes that pollute the environment
Education
The WTO is governed by a conference of Secretariats with one Secretariat from each country
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

34. What statement is NOT true?
Discrimination
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.
Goodwill (good reputation makes co. worth more)
Statistical discrimination - Unintentional discrimination

35. What is NOT regulated by the FDA?
The act did all
Education
The study of designing more comfortably or easily used equipment
Illegal drugs (drugs are monitored by DEA)

36. The FTC was created to monitor which type of regulation?
Through PACS
All are stakeholders
They can only sell stock amounting to a 10 M value at a time
Laws regulating consumer protection

37. Lobbying is?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
An intermediary who investigates complaints against a group
A grease payment make things that would normally occur happen at a faster rate

38. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
Philanthropic
Advertising which involves technically true claims which are misleading by nature.
Outside employment where a person has 2 jobs which conflict with each other
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to

39. What situation would be considered moral under Kantian theory?
Education
An NDA would be appropriate in all situations
Equal Employment Opportunity Commission
Telling the truth because you think it is the right thing to do

40. A child cleans their room so they will be allowed to go to a friends house. Which of Kohlbergs stages are they in?
Prevent international trade crisis
Universal Ethics Protocol organization
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Radioactive products (threat to public safety)

41. What theory claims that ethical beliefs are determined by the society in which one lives?
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
Fidiciary
Sexual harassment

42. Considered from an ethical standpoint - MNCs should?
All are ways businesses are regulated
Conform to the highest standards in all businesses whether overseas or not
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

43. What is NOT legally required in management relations with labor unions?
Self reference criterion
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
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
That management agrees to terms set forth by labor unions

44. Who is best known for creating the categorical imperative?
Immanuel Kant
They can only sell stock amounting to a 10 M value at a time
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.
Act utilitarianism (called maximizing utility)

45. What is NOT a regulation for insiders trading stock?
Democratic leadership style
They can only sell stock amounting to a 10 M value at a time
Ad hoc (means for this)
All are ways businesses are regulated

46. What case established that is was how actions were interpreted that matter in sexual harassment cases?
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
It is unanimously agreed that there is a dire need for it in todays society
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Harris vs. Forklife Systems - Inc

47. 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 person or co. trades goods or services in place of money.
Prevent international trade crisis
Stage 4 (people are motivated primarily by authority such as law)
Education

48. 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)
Stage 1 (person most concerned with avoiding punishment)
Foreign Corrupt Practices Act
Money that is donated to political parties for the purpose of party building activities

49. What statement is FALSE?
Laws regulating consumer protection
The only ethical regulation s businesses follow are mandated by the government
All are conflicts of interest
Random drug testing of employees is allowed in all cases

50. What statement is TRUE?
Radioactive products (threat to public safety)
Statistical discrimination - Unintentional discrimination
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Nepotism (considering the interests of family ahead of what is best for the business)