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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 is NOT an unethical pricing strategy?
Diamonds which are sold with the purpose of funding insurrection or war.
Price cancellation
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
All would be addressed in an NDA

2. What is NOT a type of loophole that developed in response to limitations placed on hard money contributions?
Stage 4 (people are motivated primarily by authority such as law)
Finding ways to eliminate the opportunities for employees to act unethically
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Non-point source contributions

3. Hard money is?
An NDA would be appropriate in all situations
Stage 2 people are concerned with obtaining rewards
Donated to a candidates campaign
All are conflicts of interest

4. 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?
A person has the right to remove documents about themselves from government records
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
Monopolies
Stage 1 (person most concerned with avoiding punishment)

5. What is NOT true of the WTO?
An attempt to apply moral & ethical principles to business actions
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Any program which seeks to reverse the effects of any form of discrimination
All are possible benefits

6. What theiry claims that person should only act in their own best interst?
Equal Employment Opportunity Commission
Money that is donated to political parties for the purpose of party building activities
NDA (non-disclosure agreements are legal & binding)
Ethical egosim (states if it benefits the person then it is the right thing to do)

7. Why did Supreme Court rule in favor of Walmart in the case of Dukes vs Walmart?
Because Dukes could not proves all women employees faced discrimination practices
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Equal Employment Opportunity Commission

8. What is NOT a responsibility that should be considreed by businesses?
All are examples of corporate espionage
Fidiciary
Harris vs. Forklife Systems - Inc
An intermediary who investigates complaints against a group

9. What term is synonymous with philanthropy?
Altruism (refers to placing the needs of another above oneself)
They can only sell stock amounting to a 10 M value at a time
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Goodwill (good reputation makes co. worth more)

10. What is NOT a way that government can influence businesses?
Through PACS
An attempt to apply moral & ethical principles to business actions
The primary factor in sexual harassment cases is the intent of the action
Advertising which involves technically true claims which are misleading by nature.

11. What correctly describes the legality of camera surveillance methods in a workplace?
Laws regulating consumer protection
Price cancellation
That management agrees to terms set forth by labor unions
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance

12. What statement is FALSE?
Random drug testing of employees is allowed in all cases
A piece of code which spreads from computer to computer & can disrupt computer functions.
Government regulations are always detrimental because the economy is self-correcting
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.

13. What BEST describes the old social contract?
Environmental equilibrium
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Radioactive products (threat to public safety)
Pump & dump

14. What is NOT a regulation for insiders trading stock?
They can only sell stock amounting to a 10 M value at a time
Laws regulating consumer protection
To ensure & protect public health & safety
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.

15. What is NOT a result of a shift to the new social contract?
Allows foreign citizens to bring a citizen of the US to trial in the US
Post conventional (person is ruled by conscience instead of society)
Pay raises
It requires employers to give workers notice before mass layoffs so that they can prepare

16. What statement best describes the difference between corporate intelligence & corpirate espionage?
Act utilitarianism
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Consumer (gives customeres more room to manipulate or deceive the business)
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)

17. What statement is TRUE?
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
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)
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary

18. 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?
Education
Stage 4 (people are motivated primarily by authority such as law)
Random drug testing of employees is allowed in all cases
Allows foreign citizens to bring a citizen of the US to trial in the US

19. OSHA was created to?
Board of Directors
Ensure worker safety
Money that is donated to political parties for the purpose of party building activities
Sarbanes-Oxley Act

20. What case established that is was how actions were interpreted that matter in sexual harassment cases?
Harris vs. Forklife Systems - Inc
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
Monopolies
Equal Employment Opportunity Commission

21. What type of information is complied to answer a specific question?
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
A maxim must be specific (should be generalized)
All are concerns about outsourcing
Ad hoc (means for this)

22. Hiring family members would be considered which type of conflict of interest?
Allows foreign citizens to bring a citizen of the US to trial in the US
Donating money to a humanitarian organizaiton for the purchase of blankets
Nepotism (considering the interests of family ahead of what is best for the business)
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)

23. What is best ex. of point secure pollution?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Oil spill
Act utilitarianism (called maximizing utility)
An attempt to apply moral & ethical principles to business actions

24. What act conflicts with the Privacy Act of 1974?
Hard money
Patriot Act
Through PACS
Stage 2 people are concerned with obtaining rewards

25. What is NOT a guideline set forth by Supreme court to be used in creating affirmative action programs?
The act did all
Telling the truth because you think it is the right thing to do
Outside employment where a person has 2 jobs which conflict with each other
All are correct guidelines

26. The purpose of the International Monetary Fund?
All are ways businesses are regulated
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
A maxim must be specific (should be generalized)
Prevent international trade crisis

27. The Fair Labor Standards Act?
Sets forth standards for management in relations with labor unions
They can only sell stock amounting to a 10 M value at a time
Outside employment where a person has 2 jobs which conflict with each other
Foreign Corrupt Practices Act

28. Protections for workers from workplace hazard are regulated & mandated by what agency?
OSHA
A person has the right to remove documents about themselves from government records
When a person is in a position to exploit their power for their own benefit
Through PACS

29. Oversight refers to?
Finding ways to eliminate the opportunities for employees to act unethically
A person has the right to remove documents about themselves from government records
Ethical egosim (states if it benefits the person then it is the right thing to do)
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.

30. Ethical & philanthropic responsibilities are important in building?
Reputation
It is unanimously agreed that there is a dire need for it in todays society
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Environmental equilibrium

31. A manager implements new safety procedures because they feel obligated to protect the safety of their employees. Which of Kolhbergs stages does this describe?
Sexual discrimination
Stage 5 People act because they feel an obligation to society
Prevent international trade crisis
Act utilitarianism (called maximizing utility)

32. The origins of the FDA can be traces to what ACT?
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Altruism (refers to placing the needs of another above oneself)
Allows foreign citizens to bring a citizen of the US to trial in the US
To ensure & protect public health & safety

33. Does the Foreign Corrupt Practices Act include grease payments?
A piece of code which spreads from computer to computer & can disrupt computer functions.
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Product - Place - Promotion - & Price
Civil case (feel their rights have been violated)

34. The Tyco scandal is associated with which ACT?
Lawyers
Farming (suitable for agricultural use)
Equal Employment Opportunity Commission
Sarbanes-Oxley Act

35. the merger between Delta Air Lines & Northwest Airlines raised concerns about what?
Oil spill
Altruism (refers to placing the needs of another above oneself)
NIMBY (not in my backyard)
Monopolies

36. What aid employers in keeping information private?
NDA (non-disclosure agreements are legal & binding)
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
Economical
Education

37. The FTC was created to monitor which type of regulation?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Universal imperative
It requires employers to give workers notice before mass layoffs so that they can prepare
Laws regulating consumer protection

38. Who has legal responsibility for a company's actions in a corporation?
Board of Directors
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
They can only sell stock amounting to a 10 M value at a time

39. What is NOT concern relative to outsourcing?
Non-renewal resources
Dumpster diving
The WTO is governed by a conference of Secretariats with one Secretariat from each country
All are concerns about outsourcing

40. What is the purpose of the WARN Act?
It requires employers to give workers notice before mass layoffs so that they can prepare
Allows foreign citizens to bring a citizen of the US to trial in the US
Equal Employment Opportunity Commission
Act utilitarianism (called maximizing utility)

41. Corporate governance?
A system of accountability - oversight - & control within the company
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Reputation
Donating money to a humanitarian organizaiton for the purchase of blankets

42. What group would not be considered a stakeholder?
All are stakeholders
Misstating financial statements
An intermediary who investigates complaints against a group
Stage 1 (person most concerned with avoiding punishment)

43. 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?
Stage 2 people are concerned with obtaining rewards
PACS are organized by SIGs (special interest groups)
A person has the right to remove documents about themselves from government records
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

44. Which co was NOT implicated in the early 2000s?
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
Sustainable development emphasizes the development of new & innovative technologies to reduce the overuse of natural resources
Facilitating payment
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

45. What is NOT a legal way for employers to monitor employees?
Education
All are related to government & business interactions
Enquiring about off duty activities
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

46. What best describes rule utilitarianism?
Illegal drugs (drugs are monitored by DEA)
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
Universal Ethics Protocol organization
All are possible benefits

47. What situation would be considered moral under Kantian theory?
Pay raises
Telling the truth because you think it is the right thing to do
Laws regulating consumer protection
Sexual discrimination

48. If a resource is used at the same rate at which it can be replenished it is describes as?
Facilitating payment
Patriot Act
Environmental equilibrium
Harris vs. Forklife Systems - Inc

49. A conflict of interest?
Altruism (refers to placing the needs of another above oneself)
Radioactive products (threat to public safety)
When a person is in a position to exploit their power for their own benefit
Act utilitarianism (called maximizing utility)

50. Karen Silkwood is associated with?
Economical
A maxim must be specific (should be generalized)
Kerr-McGee (plutonium tampering)
Product safety regulations - Import tariffs