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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 moral theory considers the action resulting in the greatest benefit to all people as the most moral action?
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Nepotism (considering the interests of family ahead of what is best for the business)
Act utilitarianism (called maximizing utility)
Statistical discrimination - Unintentional discrimination

2. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
Non-point source contributions
Outside employment where a person has 2 jobs which conflict with each other
Oil spill
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

3. What would NOT be addressed in a Non-disclosure agreement?
All are related to government & business interactions
All would be addressed in an NDA
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
The only ethical regulation s businesses follow are mandated by the government

4. What is NOT a regulation for insiders trading stock?
Immanuel Kant
They can only sell stock amounting to a 10 M value at a time
Oil spill
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.

5. A manager implements new safety procedures because they feel obligated to protect the safety of their employees. Which of Kolhbergs stages does this describe?
A grease payment make things that would normally occur happen at a faster rate
Enquiring about off duty activities
Universal Ethics Protocol organization
Stage 5 People act because they feel an obligation to society

6. What is NOT an example of how corporate espionage can occur?
Enquiring about off duty activities
All are examples of corporate espionage
Stage 1 (person most concerned with avoiding punishment)
Conform to the highest standards in all businesses whether overseas or not

7. How many days of notice does the WARN Act require employers to give employees?
The primary factor in sexual harassment cases is the intent of the action
A maxim must be specific (should be generalized)
Goodwill (good reputation makes co. worth more)
60 days

8. The purpose of the International Monetary Fund?
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.
Prevent international trade crisis
Product safety regulations - Import tariffs
That management agrees to terms set forth by labor unions

9. Hiring family members would be considered which type of conflict of interest?
Nepotism (considering the interests of family ahead of what is best for the business)
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Advertising which involves technically true claims which are misleading by nature.
KPCS (they work to reduce circulation of conflict diamonds)

10. What is environmental justice?
A person has the right to remove documents about themselves from government records
A move toward equality among all races in issues related to environmental hazards
Regulate how a co should manage certain processes that pollute the environment
When a person is in a position to exploit their power for their own benefit

11. 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?
An NDA would be appropriate in all situations
All are correct guidelines
That management agrees to terms set forth by labor unions
Act utilitarianism

12. 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?
All are ways businesses are regulated
Stage 2 people are concerned with obtaining rewards
Oil spill
Illegal drugs (drugs are monitored by DEA)

13. What is NOT a type of discrimination investigated by the EEOC?
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Non-renewal resources
Money that is donated to political parties for the purpose of party building activities
Education

14. What is NOT an ex. of social engineering?
Dumpster diving
Laws regulating consumer protection
That management agrees to terms set forth by labor unions
Regulate how a co should manage certain processes that pollute the environment

15. 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?
Sexual discrimination
Immanuel Kant
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional

16. Lobbying is?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
All are examples of corporate espionage
Conform to the highest standards in all businesses whether overseas or not

17. What best describes soft money?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Regulate how a co should manage certain processes that pollute the environment
Money that is donated to political parties for the purpose of party building activities
Sexual discrimination

18. Which act makes it illegal for US citizens to participate in bribes?
As part of NAFTA - Canada & US agree to help Mexico in trade matters
The considerations of large co about the well being of society when they make business decisions
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
Foreign Corrupt Practices Act

19. What did the Bipartisan Campaign Reform Act NOT do?
Act utilitarianism
EEOC (has to do with employment in US)
Equal Employment Opportunity Commission
The act did all

20. What types of contributions to a political campaign have donations limits imposed by law?
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
KPCS (they work to reduce circulation of conflict diamonds)
Stage 1 (person most concerned with avoiding punishment)
Hard money

21. A lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
The act did all
Self reference criterion
Legal
Logos - jingles - & brand names can all be ex. of trademarks

22. If people object to something being built near their homes it is referred to as?
Dumpster diving
NIMBY (not in my backyard)
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Non-renewal resources

23. Considered from an ethical standpoint - MNCs should?
PACS are organized by SIGs (special interest groups)
Conform to the highest standards in all businesses whether overseas or not
Outside employment where a person has 2 jobs which conflict with each other
Ad hoc (means for this)

24. A cookie?
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
Illegal drugs (drugs are monitored by DEA)
Self reference criterion
Allows an orgin site to send information to a computers browser

25. What statement is NOT true?
Sets forth standards for management in relations with labor unions
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Sexual 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.

26. OSHA was created to?
Random drug testing of employees is allowed in all cases
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
PACS are organized by SIGs (special interest groups)
Ensure worker safety

27. What is the four P's of advertising?
All are conflicts of interest
All are correct guidelines
Misstating financial statements
Product - Place - Promotion - & Price

28. What is NOT regulated by the FDA?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Illegal drugs (drugs are monitored by DEA)
NDA (non-disclosure agreements are legal & binding)
A maxim must be specific (should be generalized)

29. If a resource is used at the same rate at which it can be replenished it is describes as?
Environmental equilibrium
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
Telling the truth because you think it is the right thing to do
Civil Rights Act of 1964

30. What is NOT an unethical pricing strategy?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Price cancellation
A grease payment make things that would normally occur happen at a faster rate
Money that is donated to political parties for the purpose of party building activities

31. The purpose of the World Bank is?
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
Help developing countries stregthen their economics
Post conventional (person is ruled by conscience instead of society)
Ensure worker safety

32. If a person were to sue a co. for not fulfilling a contractual obligation it would be?
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
Civil case (feel their rights have been violated)
Stage 4 (people are motivated primarily by authority such as law)
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. In what situation would an NDA NOT be used?
An NDA would be appropriate in all situations
KPCS (they work to reduce circulation of conflict diamonds)
Monopolies
Because Dukes could not proves all women employees faced discrimination practices

34. Fossil fuels are?
All are conflicts of interest
Non-renewal resources
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
When a person or co. trades goods or services in place of money.

35. What is NOT a form of marketing fraud?
Sets forth standards for management in relations with labor unions
Misstating financial statements
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
All were implicated in scandals (Enron - Coca-Cola - Tyco International)

36. What is a way in which government interventions in the economy can be beneficial to consumers?
When a person is in a position to exploit their power for their own benefit
Product safety regulations - Import tariffs
Fidiciary
Telling the truth because you think it is the right thing to do

37. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
Foreign Corrupt Practices Act
Civil Rights Act of 1964
Authoritative (leader makes decisions & tells employees what their responsibilities are)
The study of designing more comfortably or easily used equipment

38. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
All are stakeholders
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Consumer (gives customeres more room to manipulate or deceive the business)

39. The term quid pro quo related to what issue?
Money that is donated to political parties for the purpose of party building activities
Statistical discrimination - Unintentional discrimination
Sexual harassment
Legal

40. Implied falsity?
Sets forth standards for management in relations with labor unions
Advertising which involves technically true claims which are misleading by nature.
Fidiciary
Act utilitarianism (called maximizing utility)

41. The Fair Labor Standards Act?
Altruism (refers to placing the needs of another above oneself)
Dumpster diving
Non-point source contributions
Sets forth standards for management in relations with labor unions

42. 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?
The study of designing more comfortably or easily used equipment
Through PACS
Stage 4 (people are motivated primarily by authority such as law)
Donating money to a humanitarian organizaiton for the purchase of blankets

43. A child cleans their room so they will be allowed to go to a friends house. Which of Kohlbergs stages are they in?
Sarbanes-Oxley Act
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
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Economical

44. What is NOT a type of imperative considered under Kantian ethics?
Universal imperative
A move toward equality among all races in issues related to environmental hazards
Discrimination
60 days

45. What are conflict diamonds?
Diamonds which are sold with the purpose of funding insurrection or war.
Discrimination
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Oil spill

46. The fact that in many cases a company's worth is greater than the value of its tangible assets is referred to as?
Goodwill (good reputation makes co. worth more)
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
Oil spill

47. What is NOT a legal way for employers to monitor employees?
Ethical egosim (states if it benefits the person then it is the right thing to do)
Price cancellation
Enquiring about off duty activities
All are related to government & business interactions

48. What term is synonymous with philanthropy?
Altruism (refers to placing the needs of another above oneself)
Kerr-McGee (plutonium tampering)
Civil Rights Act of 1964
A maxim must be specific (should be generalized)

49. According to teleological ethics an action's morality is determined based on its consequences?
Nepotism (considering the interests of family ahead of what is best for the business)
Money that is donated to political parties for the purpose of party building activities
Goodwill (good reputation makes co. worth more)
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

50. 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?
Radioactive products (threat to public safety)
Environmental equilibrium
Act utilitarianism
Comparable worth