DSST Business Ethics and Society: Study Guide & Test Prep Final Exam

Free Practice Test Instructions:

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

Question 1 1. Which of the following types of strategies allows a business to communicate openly with external stakeholders and media outlets?

Question 2 2. The stockholder model, which argues that the sole purpose of a corporation is to maximize the wealth of its shareholders, was first proposed by which of the following individuals?

Question 3 3. Environmental taxes, which are commonly referred to as green taxes, are best classified as which of the following types of regulatory approaches?

Question 4 4. The Kyoto Protocol is an international agreement implemented to achieve which of the following goals?

Question 5 5. The type of political system in which religious and cultural freedoms are suppressed by the government is best referred to as which of the following?

Question 6 6. A company's obligation to provide current and prospective customers with products that satisfy particular needs best reflects which of the following levels of corporate social responsibility?

Question 7 7. A new type of corporate entity, set up not only to generate profits, but to benefit society in one or more ways, is referred to as a _____ corporation.

Question 8 8. In an effort to ensure transparency and accuracy of financial records, and to prevent companies from engaging in fraudulent accounting practices, the U.S. Congress passed which of the following articles of legislation?

Question 9 9. Which of the following federal regulatory agencies is responsible for ensuring free and fair competition between businesses, and for protecting consumers from falling victim to illegal, deceptive, and/or otherwise unethical business practices?

Question 10 10. Under the Americans with Disabilities Act (ADA), an employer is required to provide accommodations to employees who are mentally and/or physically disabled, provided that the accommodations in question are _____.

Question 11 11. Which of the following constitutes a fundamental difference between laws and ethics?

Question 12 12. A firm is managed on the principle that ethics do not exist in the business world, and that a corporation exists only to make money for its shareholders, no matter what impact its actions may have upon stakeholders. Acting in compliance with state and federal laws, to the minimal extent, is more than sufficient, from the standpoint of the firm's executives. Based on the information presented above, the organization in question subscribes to which of the following moral philosophies?

Question 13 13. Which of the following philosophical approaches espouses the belief that, from a moral/ethical standpoint, the best possible outcome is the one that benefits the most people?

Question 14 14. Strictly adhering to all laws, rules, and regulations, regardless of the outcomes that result from so doing, best describes which of the following moral philosophies?

Question 15 15. Which of the following federal regulatory agencies was established to protect consumers by reducing the number of fatalities, injuries, and monetary losses incurred as a result of vehicular accidents?

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DSST Business Ethics and Society: Study Guide & Test Prep Final Free Practice Test Instructions

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

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