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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. 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?
A person has the right to remove documents about themselves from government records
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Comparable worth
NIMBY (not in my backyard)

2. The Tyco scandal is associated with which ACT?
Donating money to a humanitarian organizaiton for the purchase of blankets
Allows foreign citizens to bring a citizen of the US to trial in the US
Sarbanes-Oxley Act
Sexual harassment

3. Noisy withdrawal is?
Reputation
When a lawyer withdraws legal representation for their client & notifies the proper authorities
60 days
Pump & dump

4. What is NOT true of sexual harassment?
The primary factor in sexual harassment cases is the intent of the action
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
Monopolies
Education

5. Does the Foreign Corrupt Practices Act include grease payments?
Misstating financial statements
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Act utilitarianism (called maximizing utility)
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)

6. The Fair Labor Standards Act?
Sets forth standards for management in relations with labor unions
That management agrees to terms set forth by labor unions
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional

7. 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?
A grease payment make things that would normally occur happen at a faster rate
Misstating financial statements
Post conventional (person is ruled by conscience instead of society)
Act utilitarianism

8. What situation would be considered moral under Kantian theory?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Telling the truth because you think it is the right thing to do
When a person is in a position to exploit their power for their own benefit

9. The Kimberley Process Certification Scheme was created to stop the circulation of?
NDA (non-disclosure agreements are legal & binding)
Pump & dump
The considerations of large co about the well being of society when they make business decisions
Conflict diamonds

10. What is a way in which government interventions in the economy can be beneficial to consumers?
When a person or co. trades goods or services in place of money.
Diamonds which are sold with the purpose of funding insurrection or war.
Product safety regulations - Import tariffs
Monopolies

11. A manager implements new safety procedures because they feel obligated to protect the safety of their employees. Which of Kolhbergs stages does this describe?
The study of designing more comfortably or easily used equipment
Stage 5 People act because they feel an obligation to society
Facilitating payment
To ensure & protect public health & safety

12. The term quid pro quo related to what issue?
Sexual harassment
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.
Facilitating payment
The considerations of large co about the well being of society when they make business decisions

13. What is NOT concern relative to outsourcing?
All are concerns about outsourcing
Altruism (refers to placing the needs of another above oneself)
When a person is in a position to exploit their power for their own benefit
To ensure & protect public health & safety

14. Ethical & philanthropic responsibilities are important in building?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
NIMBY (not in my backyard)
Harris vs. Forklife Systems - Inc
Reputation

15. Hard money is?
Civil Rights Act of 1964
Sarbanes-Oxley Act
That management agrees to terms set forth by labor unions
Donated to a candidates campaign

16. What is the four P's of advertising?
Education
Product - Place - Promotion - & Price
Stage 1 (person most concerned with avoiding punishment)
Advertising which involves technically true claims which are misleading by nature.

17. Corporate citizenship?
Democratic leadership style
The considerations of large co about the well being of society when they make business decisions
Misstating financial statements
Decide the benefits of releasing the software now outweight the costs - & present the product as finished

18. What type of responsibility is the LEAST regulated?
Advertising which involves technically true claims which are misleading by nature.
Non-renewal resources
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)
Philanthropic

19. What is NOT a guideline set forth by Supreme court to be used in creating affirmative action programs?
Sexual harassment
Education
All are correct guidelines
Kantian ethics (is deontological determines morality based on the morality of the action itself)

20. OSHA was created to?
A maxim must be specific (should be generalized)
Democratic leadership style
Donated to a candidates campaign
Ensure worker safety

21. What BEST describes the old social contract?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Pay raises
Foreign Corrupt Practices Act
The primary factor in sexual harassment cases is the intent of the action

22. What group would not be considered a stakeholder?
Universal imperative
All are stakeholders
A piece of code which spreads from computer to computer & can disrupt computer functions.
Help developing countries stregthen their economics

23. What is NOT a responsibility that should be considreed by businesses?
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Telling the truth because you think it is the right thing to do
Goodwill (good reputation makes co. worth more)
Fidiciary

24. The origins of the FDA can be traces to what ACT?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
Economical
Radioactive products (threat to public safety)

25. What is the purpose of the Kyoto Protocol?
Facilitating payment
Patriot Act
To lower greenhouse gas emissions
Act utilitarianism

26. A person helps an old lady across the street because they think that it is the right thing to do - & makes them feel useful & happy. Which of Kohlbergs stages are they in?
Oil spill
Because Dukes could not proves all women employees faced discrimination practices
Post conventional (person is ruled by conscience instead of society)
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s

27. What statement is TRUE?
To ensure & protect public health & safety
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Sets forth standards for management in relations with labor unions
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.

28. What statement is TRUE?
It requires employers to give workers notice before mass layoffs so that they can prepare
Conflict diamonds
An effective leader should be able to switch between transformational & transactional leadership styles.
60 days

29. The Dukes vs. Walmart case involves which issue?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Universal imperative
Sexual discrimination

30. Karen Silkwood is associated with?
All are possible benefits
Kerr-McGee (plutonium tampering)
Farming (suitable for agricultural use)
Fidiciary

31. What theiry claims that person should only act in their own best interst?
Civil case (feel their rights have been violated)
Ethical egosim (states if it benefits the person then it is the right thing to do)
Lawyers
All are concerns about outsourcing

32. Considered from an ethical standpoint - MNCs should?
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)
Ensure worker safety
ISO 14001 (voluntary standard which attempts to aid co in creating continually improving practices)

33. What statement about Corporate Social Responsibility is FALSE?
Laws regulating consumer protection
Dumpster diving
Donated to a candidates campaign
It is unanimously agreed that there is a dire need for it in todays society

34. What term is synonymous with philanthropy?
Altruism (refers to placing the needs of another above oneself)
All are stakeholders
Democratic leadership style
That management agrees to terms set forth by labor unions

35. What statement is NOT true?
It requires employers to give workers notice before mass layoffs so that they can prepare
Outsourcing is unanimously agreed to be a beneficial process.
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Ethical egosim (states if it benefits the person then it is the right thing to do)

36. The EEOC investiges violations of the?
Civil Rights Act of 1964
Economical
OSHA
It is unanimously agreed that there is a dire need for it in todays society

37. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
A strong focus on developing core values
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Monopolies

38. What is the purpose of the WARN Act?
It requires employers to give workers notice before mass layoffs so that they can prepare
Discrimination
That management agrees to terms set forth by labor unions
Non-renewal resources

39. What moral theory is NOT consequentialist?
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)
Kantian ethics (is deontological determines morality based on the morality of the action itself)
All are stakeholders

40. What is NOT regulated by the FDA?
A grease payment make things that would normally occur happen at a faster rate
An effective leader should be able to switch between transformational & transactional leadership styles.
Illegal drugs (drugs are monitored by DEA)
Because Dukes could not proves all women employees faced discrimination practices

41. Which co was NOT implicated in the early 2000s?
An effective leader should be able to switch between transformational & transactional leadership styles.
Monopolies
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal

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?
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
Stage 4 (people are motivated primarily by authority such as law)
The WTO is governed by a conference of Secretariats with one Secretariat from each country
Stage 2 people are concerned with obtaining rewards

43. Oversight refers to?
Finding ways to eliminate the opportunities for employees to act unethically
Radioactive products (threat to public safety)
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Legal

44. What is NOT a way in which business's are regulated?
Ethical relativism (no universal set of moral they are determined by the state & opinion in which one lives)
All are ways businesses are regulated
Civil case (feel their rights have been violated)
EEOC (has to do with employment in US)

45. A noisy withdrawal would be done by?
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Lawyers
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Random drug testing of employees is allowed in all cases

46. What is NOT true of NAFTA?
As part of NAFTA - Canada & US agree to help Mexico in trade matters
Statistical discrimination - Unintentional discrimination
An effective leader should be able to switch between transformational & transactional leadership styles.
Sexual discrimination

47. What agency does not relate in some manner to international trade?
EEOC (has to do with employment in US)
Diamonds which are sold with the purpose of funding insurrection or war.
An NDA would be appropriate in all situations
All are examples of corporate espionage

48. What is NOT a regulation for insiders trading stock?
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.
Discontinue the sale of the textbooks because as a general rule the practice is not unconditional
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.
They can only sell stock amounting to a 10 M value at a time

49. Utilitarianism is a type of?
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Comparable worth
Money that is donated to political parties for the purpose of party building activities
Nepotism (considering the interests of family ahead of what is best for the business)

50. The purpose of the World Bank is?
Help developing countries stregthen their economics
Act utilitarianism
An intermediary who investigates complaints against a group
Corporate intelligence involves legally gathering information about a co. & corporate espionage involves illegally gathering information about a co.

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DSST Business Ethics And Society

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