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DSST Business Ethics And Society

Subject : dsst

Instructions:

Answer 50 questions in 15 minutes.
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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. Lobbying is?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
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
Sexual discrimination

2. The Kimberley Process Certification Scheme was created to stop the circulation of?
Conflict diamonds
Patriot Act
Altruism (refers to placing the needs of another above oneself)
A grease payment make things that would normally occur happen at a faster rate

3. A cookie?
Altruism (refers to placing the needs of another above oneself)
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Allows an orgin site to send information to a computers browser
A grease payment make things that would normally occur happen at a faster rate

4. What is NOT a type of discrimination investigated by the EEOC?
They can only sell stock amounting to a 10 M value at a time
Comparable worth
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
Education

5. Business ethics is?
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
A maxim must be specific (should be generalized)
Patriot Act
An attempt to apply moral & ethical principles to business actions

6. Utilitarianism is a type of?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Universal Ethics Protocol organization
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Sarbanes-Oxley Act

7. What best describes soft money?
A piece of code which spreads from computer to computer & can disrupt computer functions.
Money that is donated to political parties for the purpose of party building activities
Outsourcing is unanimously agreed to be a beneficial process.
As part of NAFTA - Canada & US agree to help Mexico in trade matters

8. What agency does not relate in some manner to international trade?
EEOC (has to do with employment in US)
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Product - Place - Promotion - & Price
Donating money to a humanitarian organizaiton for the purchase of blankets

9. What is the stakeholder model of corporate governance?
Price cancellation
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
Diamonds which are sold with the purpose of funding insurrection or war.
All are conflicts of interest

10. In what situation would an NDA NOT be used?
An NDA would be appropriate in all situations
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Ethical egosim (states if it benefits the person then it is the right thing to do)
Non-renewal resources

11. What statement BEST describes attitudes toward outsourcing?
Act utilitarianism
Education
Logos - jingles - & brand names can all be ex. of trademarks
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.

12. What is NOT true of the WTO?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
60 days
Government regulations are always detrimental because the economy is self-correcting
Farming (suitable for agricultural use)

13. Which act makes it illegal for US citizens to participate in bribes?
Facilitating payment
Foreign Corrupt Practices Act
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Diamonds which are sold with the purpose of funding insurrection or war.

14. What statement is TRUE?
Lawyers
Logos - jingles - & brand names can all be ex. of trademarks
That management agrees to terms set forth by labor unions
The considerations of large co about the well being of society when they make business decisions

15. If people object to something being built near their homes it is referred to as?
Fidiciary
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Pump & dump
NIMBY (not in my backyard)

16. What is NOT an example of an in kind contribution?
Donating money to a humanitarian organizaiton for the purchase of blankets
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Altruism (refers to placing the needs of another above oneself)
Sarbanes-Oxley Act

17. A stable state economy is in a state of?
A piece of code which spreads from computer to computer & can disrupt computer functions.
Economical
Environmental equilibrium
Logos - jingles - & brand names can all be ex. of trademarks

18. What is NOT an illegal basis of discrimination?
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Education
Stage 5 People act because they feel an obligation to society
EEOC (has to do with employment in US)

19. What is NOT a rule for creating maxims under Kantian ethics?
Equal Employment Opportunity Commission
The study of designing more comfortably or easily used equipment
A maxim must be specific (should be generalized)
A system of accountability - oversight - & control within the company

20. What is best ex. of point secure pollution?
Board of Directors
Oil spill
Reputation
A maxim must be specific (should be generalized)

21. What statement is FALSE?
The only ethical regulation s businesses follow are mandated by the government
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Ethical egosim (states if it benefits the person then it is the right thing to do)
Allows foreign citizens to bring a citizen of the US to trial in the US

22. What situation would be considered moral under Kantian theory?
Ensure worker safety
Logos - jingles - & brand names can all be ex. of trademarks
The act did all
Telling the truth because you think it is the right thing to do

23. What statement best describes the difference between corporate intelligence & corpirate espionage?
Board of Directors
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Finding ways to eliminate the opportunities for employees to act unethically
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.

24. Business with a mindset of the customer is always right often find themselves subject to more of which type of fraud?
Money that is donated to political parties for the purpose of party building activities
OSHA
Consumer (gives customeres more room to manipulate or deceive the business)
All are stakeholders

25. Protections for workers from workplace hazard are regulated & mandated by what agency?
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.
Product safety regulations - Import tariffs
Act utilitarianism (called maximizing utility)
OSHA

26. What is NOT a legal way for employers to monitor employees?
When a person or co. trades goods or services in place of money.
Outside employment where a person has 2 jobs which conflict with each other
Kerr-McGee (plutonium tampering)
Enquiring about off duty activities

27. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
Lawyers
All are examples of corporate espionage
Authoritative (leader makes decisions & tells employees what their responsibilities are)
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

28. An employee of a donut shop does not steal donuts because they are afraid they would get fired if they did. Which of Kohlbergs stages are they in?
It is unanimously agreed that there is a dire need for it in todays society
All are ways businesses are regulated
An intermediary who investigates complaints against a group
Stage 1 (person most concerned with avoiding punishment)

29. Corporate citizenship?
The considerations of large co about the well being of society when they make business decisions
Equal Employment Opportunity Commission
Sets forth standards for management in relations with labor unions
The study of designing more comfortably or easily used equipment

30. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
An attempt to apply moral & ethical principles to business actions
Advertising which involves technically true claims which are misleading by nature.
Stage 5 People act because they feel an obligation to society
Non-point source contributions

31. A lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
To lower greenhouse gas emissions
Reputation
Legal
A move toward equality among all races in issues related to environmental hazards

32. What is the responsibility of the FDA?
A grease payment make things that would normally occur happen at a faster rate
Pump & dump
When a person or co. trades goods or services in place of money.
To ensure & protect public health & safety

33. Why did Supreme Court rule in favor of Walmart in the case of Dukes vs Walmart?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Because Dukes could not proves all women employees faced discrimination practices
Conflict diamonds
A maxim must be specific (should be generalized)

34. The purpose of the International Monetary Fund?
NIMBY (not in my backyard)
Prevent international trade crisis
Ad hoc (means for this)
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

35. What types of contributions to a political campaign have donations limits imposed by law?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Hard money
Immanuel Kant
Altruism (refers to placing the needs of another above oneself)

36. What type of responsibility is the LEAST regulated?
Philanthropic
A strong focus on developing core values
Discrimination
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

37. What statement is NOT true?
Self reference criterion
Diamonds which are sold with the purpose of funding insurrection or war.
Outsourcing is unanimously agreed to be a beneficial process.
When a person is in a position to exploit their power for their own benefit

38. What moral theory is NOT consequentialist?
A piece of code which spreads from computer to computer & can disrupt computer functions.
Comparable worth
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Kantian ethics (is deontological determines morality based on the morality of the action itself)

39. What BEST describes the old social contract?
Radioactive products (threat to public safety)
Statistical discrimination - Unintentional discrimination
Misstating financial statements
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.

40. 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?
Stage 2 people are concerned with obtaining rewards
It is unanimously agreed that there is a dire need for it in todays society
Pump & dump
Ethical egosim (states if it benefits the person then it is the right thing to do)

41. 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
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
A piece of code which spreads from computer to computer & can disrupt computer functions.
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Foreign Corrupt Practices Act

42. The Fair Labor Standards Act?
An attempt to apply moral & ethical principles to business actions
Discrimination
Sets forth standards for management in relations with labor unions
Act utilitarianism

43. What is NOT concern relative to outsourcing?
All are concerns about outsourcing
When a lawyer withdraws legal representation for their client & notifies the proper authorities
An intermediary who investigates complaints against a group
Patriot Act

44. What statement is FALSE?
When a person is in a position to exploit their power for their own benefit
Random drug testing of employees is allowed in all cases
All are examples of corporate espionage
Laws regulating consumer protection

45. According to teleological ethics an action's morality is determined based on its consequences?
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Goodwill (good reputation makes co. worth more)
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
A grease payment make things that would normally occur happen at a faster rate

46. The term quid pro quo related to what issue?
Nepotism (considering the interests of family ahead of what is best for the business)
Lawyers
Sexual harassment
All are examples of corporate espionage

47. What theiry claims that person should only act in their own best interst?
When a person is in a position to exploit their power for their own benefit
Ethical egosim (states if it benefits the person then it is the right thing to do)
Outsourcing is unanimously agreed to be a beneficial process.
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.

48. If a person were to sue a co. for not fulfilling a contractual obligation it would be?
Product - Place - Promotion - & Price
Outsourcing is unanimously agreed to be a beneficial process.
An intermediary who investigates complaints against a group
Civil case (feel their rights have been violated)

49. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
A strong focus on developing core values
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Patriot Act

50. A noisy withdrawal would be done by?
Illegal drugs (drugs are monitored by DEA)
Lawyers
60 days
Act utilitarianism

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DSST Business Ethics And Society

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