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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. The intent of the Sarbanes-Oxley Act was to?
Goodwill (good reputation makes co. worth more)
Allows foreign citizens to bring a citizen of the US to trial in the US
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
The only ethical regulation s businesses follow are mandated by the government

2. Karen Silkwood is associated with?
Allows foreign citizens to bring a citizen of the US to trial in the US
Stage 2 people are concerned with obtaining rewards
Kerr-McGee (plutonium tampering)
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

3. What statement is TRUE?
Meeting with senators - representative - staff members or other important people to persuade them to vote how you wish them to
Ensure worker safety
Donating money to a humanitarian organizaiton for the purchase of blankets
An effective leader should be able to switch between transformational & transactional leadership styles.

4. Who is best known for creating the categorical imperative?
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
OSHA
Illegal drugs (drugs are monitored by DEA)
Immanuel Kant

5. What statement is NOT true?
Legal
Outsourcing is unanimously agreed to be a beneficial process.
Random drug testing of employees is allowed in all cases
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.

6. What statement is FALSE?
Random drug testing of employees is allowed in all cases
Sets forth standards for management in relations with labor unions
Altruism (refers to placing the needs of another above oneself)
A maxim must be specific (should be generalized)

7. What is true about spam?
Ensure worker safety
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
PACS are organized by SIGs (special interest groups)
Through PACS

8. The FTC was created to monitor which type of regulation?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Laws regulating consumer protection
Outside employment where a person has 2 jobs which conflict with each other

9. The perceived 'us' vs. 'them' mentality that emerges when doing business with different cultures is referred to?
Monopolies
The considerations of large co about the well being of society when they make business decisions
Sarbanes-Oxley Act
Self reference criterion

10. What aid employers in keeping information private?
Monopolies
Stage 5 People act because they feel an obligation to society
NDA (non-disclosure agreements are legal & binding)
Diamonds which are sold with the purpose of funding insurrection or war.

11. What situation would be considered moral under Kantian theory?
Outside employment where a person has 2 jobs which conflict with each other
Telling the truth because you think it is the right thing to do
When a person or co. trades goods or services in place of money.
When a lawyer withdraws legal representation for their client & notifies the proper authorities

12. If people object to something being built near their homes it is referred to as?
Government regulations are always detrimental because the economy is self-correcting
Immanuel Kant
NIMBY (not in my backyard)
Sets forth standards for management in relations with labor unions

13. Implied falsity?
Advertising which involves technically true claims which are misleading by nature.
Civil case (feel their rights have been violated)
Donating money to a humanitarian organizaiton for the purchase of blankets
Environmental equilibrium

14. The EEOC investiges violations of the?
Civil Rights Act of 1964
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
Price cancellation
All are correct guidelines

15. Utilitarianism is a type of?
Misstating financial statements
The act did all
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Non-renewal resources

16. What is NOT an example of an in kind contribution?
Oil spill
Donating money to a humanitarian organizaiton for the purchase of blankets
Act utilitarianism (called maximizing utility)
That management agrees to terms set forth by labor unions

17. What is NOT true of the WTO?
Act utilitarianism
Reputation
Outsourcing is often criticized however it can have many economic benefits because it allows companies to produce at a lower cost.
The WTO is governed by a conference of Secretariats with one Secretariat from each country

18. What is the stakeholder model of corporate governance?
A strong focus on developing core values
Oil spill
Taxes negatively impact efficient economic operations by driving a wedge between businesses & customers. However - they are often necessary
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

19. What is more typical of a values oriented ethical program that a compliance oriented ethics program?
Advertising which involves technically true claims which are misleading by nature.
Help developing countries stregthen their economics
A strong focus on developing core values
When a lawyer withdraws legal representation for their client & notifies the proper authorities

20. What is NOT a reason clinton's attempt at healthcare reform in the early 1990s failed?
Ethics. Most people felt the program (which charged more for the middle class people) was highly unethical & would not support it.
Laws regulating consumer protection
Democratic leadership style
Fidiciary

21. What is NOT a form of marketing fraud?
Misstating financial statements
Regulate how a co should manage certain processes that pollute the environment
All are conflicts of interest
Hard money

22. What is NOT a benefit which can come to companies as a result of substainable business practices?
All are possible benefits
It is unanimously agreed that there is a dire need for it in todays society
Consequentialism (considers the consequences of an action & the extent to which they benefit society in determining morality)
Authoritative (leader makes decisions & tells employees what their responsibilities are)

23. Why did Supreme Court rule in favor of Walmart in the case of Dukes vs Walmart?
Allows an orgin site to send information to a computers browser
Because Dukes could not proves all women employees faced discrimination practices
Monopolies
When a lawyer withdraws legal representation for their client & notifies the proper authorities

24. What term is synonymous with philanthropy?
Altruism (refers to placing the needs of another above oneself)
Goodwill (good reputation makes co. worth more)
Government regulations are always detrimental because the economy is self-correcting
Kantian ethics (is deontological determines morality based on the morality of the action itself)

25. 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?
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
Stage 4 (people are motivated primarily by authority such as law)
A system of accountability - oversight - & control within the company
Act utilitarianism (called maximizing utility)

26. What group would not be considered a stakeholder?
If a co. pays a low level official to ensure that their employees receive work visas more quickly than normal
Restore stakeholder confidence in the securities market after a series of scandals in the early 2000s
Any program which seeks to reverse the effects of any form of discrimination
All are stakeholders

27. According to teleological ethics an action's morality is determined based on its consequences?
All are ways businesses are regulated
True statement teleological ethics an actions morality is determined based on its consequences. type of consequentialism.
Sexual harassment
Illegal drugs (drugs are monitored by DEA)

28. A business practices underhanded accounting practices to raise stock prices & make money. Which type of ethics does this fall under?
Allows foreign citizens to bring a citizen of the US to trial in the US
Economical
All are conflicts of interest
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

29. An employer who posted a list of weekly resonsibilities for employees to fulfill would best be described by which leadership style?
Authoritative (leader makes decisions & tells employees what their responsibilities are)
Stage 5 People act because they feel an obligation to society
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Civil case (feel their rights have been violated)

30. What statement is TRUE?
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
A grease payment make things that would normally occur happen at a faster rate
Kantian ethics (is deontological determines morality based on the morality of the action itself)
Education

31. What would NOT be addressed in a Non-disclosure agreement?
When a person or co. trades goods or services in place of money.
All were implicated in scandals (Enron - Coca-Cola - Tyco International)
All would be addressed in an NDA
Facilitating payment

32. 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)
An attempt to apply moral & ethical principles to business actions
Regulate how a co should manage certain processes that pollute the environment
Self reference criterion

33. What is NOT a way in which business's are regulated?
All are ways businesses are regulated
Education
Deontological ethics (claims the morality of an action is determined by the morality of the action itself regardless of the consequences)
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

34. Considered from an ethical standpoint - MNCs should?
Conform to the highest standards in all businesses whether overseas or not
When a person is in a position to exploit their power for their own benefit
The primary factor in sexual harassment cases is the intent of the action
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

35. A lawyer knows their client is guilty but defends them anyway. This falls under which type of ethics?
Donating money to a humanitarian organizaiton for the purchase of blankets
Consumer (gives customeres more room to manipulate or deceive the business)
Legal
All would be addressed in an NDA

36. Protections for workers from workplace hazard are regulated & mandated by what agency?
A maxim must be specific (should be generalized)
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
OSHA
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

37. What is NOT a right outlined in the Privacy Act of 1974?
A person has the right to remove documents about themselves from government records
Utilitarianism (focus on considering the benefit & costs & if benefits are greater than costs then action is moral)
No - grease payments are not considered bribes & are therefore not illegal under the FCPA
Post conventional (person is ruled by conscience instead of society)

38. What is NOT a regulation for insiders trading stock?
They can only sell stock amounting to a 10 M value at a time
Hard money
Patriot Act
The only ethical regulation s businesses follow are mandated by the government

39. Command & control regulations?
Allows an orgin site to send information to a computers browser
Regulate how a co should manage certain processes that pollute the environment
Logos - jingles - & brand names can all be ex. of trademarks
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

40. Who has legal responsibility for a company's actions in a corporation?
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment
Board of Directors
All are correct guidelines
Because Delta & Northwest are not the only airlines there is not way the merge could be considered anticompetitive

41. In what situation would an NDA NOT be used?
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
An NDA would be appropriate in all situations
Non-point source contributions
Patriot Act

42. 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?
Government regulations are always detrimental because the economy is self-correcting
Sarbanes-Oxley Act
Act utilitarianism
All are possible benefits

43. What is NOT a way that government can influence businesses?
If workers were loyal - punctual - & had at least decently efficient they could expect to keep their jobs & perhaps even advance over time.
The study of designing more comfortably or easily used equipment
Equal Employment Opportunity Commission
Through PACS

44. The origins of the FDA can be traces to what ACT?
Pump & dump
All are conflicts of interest
Finding ways to eliminate the opportunities for employees to act unethically
Pure Food & Drug Act (in 1906 to force food producing industries to practice sanitation)

45. What is NOT related to the interactions that occur between government & business?
All are conflicts of interest
All are related to government & business interactions
The act did all
Oil spill

46. What is NOT a conflict of interest?
Civil Rights Act of 1964
Sarbanes-Oxley Act
Facilitating payment
All are conflicts of interest

47. What are conflict diamonds?
KPCS (they work to reduce circulation of conflict diamonds)
Diamonds which are sold with the purpose of funding insurrection or war.
Random drug testing of employees is allowed in all cases
Product - Place - Promotion - & Price

48. What is NOT illegal?
A grease payment make things that would normally occur happen at a faster rate
The considerations of large co about the well being of society when they make business decisions
Statistical discrimination - Unintentional discrimination
When a person is in a position to exploit their power for their own benefit

49. What is NOT concern relative to outsourcing?
Self reference criterion
Laws regulating consumer protection
Money that is donated to political parties for the purpose of party building activities
All are concerns about outsourcing

50. What correctly describes the legality of camera surveillance methods in a workplace?
Although video surveillance is essentially unrestricted there are limits to an employers use of audio surveillance
Pre-conventional (main goal of a person is survival. justification of actions comes from understanding punishment & reward system)
All are possible benefits
Employers may use subjective considerations for hiring as long as they do not produce a discriminatory environment

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DSST Business Ethics And Society

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