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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. What is the stakeholder model of corporate governance?
Environmental equilibrium
Price cancellation
Economical
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

2. A business practices underhanded accounting practices to raise stock prices & make money. Which type of ethics does this fall under?
Monopolies
Foreign Corrupt Practices Act
Fidiciary
Economical

3. What is environmental justice?
A move toward equality among all races in issues related to environmental hazards
Sexual harassment
Sexual discrimination
When a lawyer withdraws legal representation for their client & notifies the proper authorities

4. What does NOT focus on increasing the ethical awareness of employees & strengthening the ethical culture of a workplace?
Advertising which involves technically true claims which are misleading by nature.
That management agrees to terms set forth by labor unions
Democratic leadership style
Help developing countries stregthen their economics

5. 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?
Act utilitarianism
Allows an orgin site to send information to a computers browser
An intermediary who investigates complaints against a group
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

6. In the case of Watson vs. Fort Worth Bank & Trust the court ruled?
All are possible benefits
Sexual discrimination
A grease payment make things that would normally occur happen at a faster rate
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

7. Business ethics is?
To lower greenhouse gas emissions
Stage 4 (people are motivated primarily by authority such as law)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
An attempt to apply moral & ethical principles to business actions

8. The intent of the Sarbanes-Oxley Act was to?
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Allows foreign citizens to bring a citizen of the US to trial in the US
60 days
Prevent international trade crisis

9. What statement is FALSE about merger between Delta Air Lines & Northwest Airlines in 2008?
The only ethical regulation s businesses follow are mandated by the government
A grease payment make things that would normally occur happen at a faster rate
Pay raises
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

10. The Fair Labor Standards Act?
All are conflicts of interest
Sets forth standards for management in relations with labor unions
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Logos - jingles - & brand names can all be ex. of trademarks

11. What is NOT true of the WTO?
The WTO is governed by a conference of Secretariats with one Secretariat from each country
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
When a person is in a position to exploit their power for their own benefit
Conform to the highest standards in all businesses whether overseas or not

12. What is the four P's of advertising?
Product - Place - Promotion - & Price
A maxim must be specific (should be generalized)
A move toward equality among all races in issues related to environmental hazards
Enquiring about off duty activities

13. What are conflict diamonds?
All would be addressed in an NDA
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Diamonds which are sold with the purpose of funding insurrection or war.
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.

14. What type of responsibility is the LEAST regulated?
Philanthropic
EEOC (has to do with employment in US)
All are possible benefits
Altruism (refers to placing the needs of another above oneself)

15. A grease payment can also be called?
Misstating financial statements
Facilitating payment
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Ensure worker safety

16. How many days of notice does the WARN Act require employers to give employees?
A strong focus on developing core values
60 days
All are stakeholders
Telling the truth because you think it is the right thing to do

17. Protections for workers from workplace hazard are regulated & mandated by what agency?
A person has the right to remove documents about themselves from government records
OSHA
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Equal Employment Opportunity Commission

18. What is NOT a conflict of interest?
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
All are conflicts of interest
Conform to the highest standards in all businesses whether overseas or not
An NDA would be appropriate in all situations

19. A child cleans their room so they will be allowed to go to a friends house. Which of Kohlbergs stages are they in?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
All are conflicts of interest
Pump & dump
Sexual harassment

20. What is NOT a way in which business's are regulated?
Hard money
Board of Directors
All are ways businesses are regulated
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

21. What is regulated by FDA?
Ethical egosim (states if it benefits the person then it is the right thing to do)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Radioactive products (threat to public safety)
A system of accountability - oversight - & control within the company

22. 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?
To lower greenhouse gas emissions
Decide the benefits of releasing the software now outweight the costs - & present the product as finished
Stage 1 (person most concerned with avoiding punishment)
Fidiciary

23. What is NOT legally required in management relations with labor unions?
Democratic leadership style
Ad hoc (means for this)
Random drug testing of employees is allowed in all cases
That management agrees to terms set forth by labor unions

24. The purpose of the International Monetary Fund?
Prevent international trade crisis
Act utilitarianism
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

25. What group would not be considered a stakeholder?
All are examples of corporate espionage
Pay raises
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
All are stakeholders

26. A conflict of interest?
Outsourcing is unanimously agreed to be a beneficial process.
Through PACS
When a person is in a position to exploit their power for their own benefit
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.

27. What does EEOC stand for?
Board of Directors
Equal Employment Opportunity Commission
KPCS (they work to reduce circulation of conflict diamonds)
All are stakeholders

28. What types of contributions to a political campaign have donations limits imposed by law?
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
It requires employers to give workers notice before mass layoffs so that they can prepare
Lawyers
Hard money

29. The origins of the FDA can be traces to what ACT?
NDA (non-disclosure agreements are legal & binding)
Logos - jingles - & brand names can all be ex. of trademarks
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
All are ways businesses are regulated

30. A lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
KPCS (they work to reduce circulation of conflict diamonds)
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.
Legal
No - grease payments are not considered bribes & are therefore not illegal under the FCPA

31. What is best ex. of point secure pollution?
Ad hoc (means for this)
Oil spill
Foreign Corrupt Practices Act
Democratic leadership style

32. The Tyco scandal is associated with which ACT?
Sarbanes-Oxley Act
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Stage 5 People act because they feel an obligation to society
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

33. What is NOT a result of a shift to the new social contract?
Because Dukes could not proves all women employees faced discrimination practices
Conform to the highest standards in all businesses whether overseas or not
Economical
Pay raises

34. What is NOT a legal way for employers to monitor employees?
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Post conventional (person is ruled by conscience instead of society)
Enquiring about off duty activities
Ensure worker safety

35. What best describes soft money?
Help developing countries stregthen their economics
A piece of code which spreads from computer to computer & can disrupt computer functions.
Random drug testing of employees is allowed in all cases
Money that is donated to political parties for the purpose of party building activities

36. What would NOT be illegal under the Foreign Corrupt Practices Act?
Product safety regulations - Import tariffs
Ethical egosim (states if it benefits the person then it is the right thing to do)
Random drug testing of employees is allowed in all cases
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

37. An ombudsman is?
An intermediary who investigates complaints against a group
Patriot Act
Harris vs. Forklife Systems - Inc
Comparable worth

38. 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?
Ensure worker safety
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Monopolies
Laws regulating consumer protection

39. The EEOC investiges violations of the?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Civil Rights Act of 1964
A strong focus on developing core values
To lower greenhouse gas emissions

40. What moral theory considers the action resulting in the greatest benefit to all people as the most moral action?
Act utilitarianism (called maximizing utility)
Non-point source contributions
Oil spill
Immanuel Kant

41. Corporate governance?
Product - Place - Promotion - & Price
Nepotism (considering the interests of family ahead of what is best for the business)
A system of accountability - oversight - & control within the company
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.

42. What is NOT a form of marketing fraud?
All are stakeholders
Misstating financial statements
A grease payment make things that would normally occur happen at a faster rate
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

43. A stable state economy is in a state of?
All are possible benefits
Laws regulating consumer protection
Environmental equilibrium
Decide the benefits of releasing the software now outweight the costs - & present the product as finished

44. What is a standard that aides companies in improving their environmental practices?
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Advertising which involves technically true claims which are misleading by nature.
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive
Economical

45. What theiry claims that person should only act in their own best interst?
Ethical egosim (states if it benefits the person then it is the right thing to do)
Price cancellation
Random drug testing of employees is allowed in all cases
Finding ways to eliminate the opportunities for employees to act unethically

46. If a resource is used at the same rate at which it can be replenished it is describes as?
Lawyers
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Environmental equilibrium
Equal Employment Opportunity Commission

47. Who is best known for creating the categorical imperative?
That management agrees to terms set forth by labor unions
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Money that is donated to political parties for the purpose of party building activities
Immanuel Kant

48. The term glass ceiling related to which employer-employee relations issue?
Discrimination
Stage 2 people are concerned with obtaining rewards
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Product safety regulations - Import tariffs

49. If a person owns a cupcake business & works in a cupcake factory - what type of conflict of interest is it considered?
All are ways businesses are regulated
Outside employment where a person has 2 jobs which conflict with each other
An effective leader should be able to switch between transformational & transactional leadership styles.
Money that is donated to political parties for the purpose of party building activities

50. What is the purpose of the Kyoto Protocol?
Economical
OSHA
To lower greenhouse gas emissions
Facilitating payment