Business Ethics and Society
All test questions are in a multiple-choice format, with one correct answer and three incorrect options. The following are samples of the types of questions that may appear on the exam.
WarningPlease do keep in mind that we can’t guarantee the accuracy of this quiz, so we do recommend you also run through a full-length practice exam. We’ll recommend some good options in the resources section at the bottom of this page.
Question 1: The subject of business ethics is important in the modern age because:
a) It is appropriate for business to be aware of this concept
b) A business’s reputation can be lost very quickly in this day and age if it is caught doing the wrong thing
c) Both a and b
d) It gives academics something to do
Question 2: Ethics can be defined as
a) Well-founded standards of right and wrong that set out what we ought to do.
b) What your church minister says that you should do
c) As John Lennon said “ Whatever gets you through the night, it’s all right”
d) Who knows its an Ancient Greek concept
Question 3: If employees of a British Company were caught bribing Government Officials in a foreign Country and arrested, the CEO of that British Company would:
a) Go to lunch – It happened in a foreign country
b) Make sure that the arrested employees had good lawyers
c) Try and bribe the Judge hearing the case to get the arrested employees “ off the hook”
d) Start working with lawyers on their own defense as they are legally responsible under the UK Bribery Act 2010
Question 4: Philosophers who wrote about Ethics included:
a) Ancient Greeks such as Plato and Aristotle
b) The Stoic Philosophers of Roman Times
c) Thomas Hobbes
d) All the above
Question 5: Business ethics is the study of proper business policies and practices in key areas of business activity. Which of the following does not fall into that category?
a) Corporate Social Responsibility
b) The local Chinese takeout menu
c) recruitment and hiring practices
d) proper corporate governance
Question 6: A Company’s attitude to ethical issues can often be seen in their values statement. A values statement typically:
a) Sets out what the Company believes in
b) Commits the Company to certain practices including ethical practices
c) Both A and B
d) Something that looks good on the website
Question 7: Companies will often attempt to administer and control behavior through the development of a code of ethics. Which of the following is not regulated by a code of ethics?
a) Workplace Bullying
b) Whose turn it is to go to Starbucks for morning coffee and muffins for the team
c) Conflicts of Interest
d) Illegal Conduct
Question 8: Reporting ethics violations is key to the success of a Code of Ethics. Violations can typically be reported in the following ways:
a) To your Line Manager
b) To the Human Resources Department
d) All the above
Question 9: Which of the following is not part of the investigation process:
a) Ensure Confidentiality
b) If you are an investigator going to lunch with an accused employee
c) Create a Plan for the Investigation
d) Conduct the interview
Question 10: Investigations must be conducted according to the principals of
More DSST Study Resources
Are you at the beginning of your study process, or just looking for a couple more practice questions to finish prepping for your exam? In either case, you can find some of my favorite resources below. Some of the links below are affiliate (Amazon for instance), which means they’ll pay us a few bucks for every purchase through the link. Feel free to use those links if you want to support the site, but you can also just Google the title or pick the book up at your local library.
Official DSST Practice Test: Ok, so the DSST website isn’t the most inviting, but it will give you the best approximation of the real exam experience. Also, the official practice test is quite affordable (currently just $5 per practice exam).
Pass Your Class – DSST Business Ethics and Society: Textbooks are great as far as they go, but I’d generally recommend you opt for this exam guide instead. It tends to cut through the confusion and help you accelerate your learning process.
InstantCert Academy: Another website with a very dated design, but as ancient as it looks, this is actually an incredibly valuable resource. Basically, you get a massive set of flashcards that you can use to learn Ethics and to really solidify that knowledge so you’re ready for the exam.
Plenty of other resources exist – just do a quick internet search – but these are a fantastic start, and probably all you really need. I’ve personally done some exams with just InstantCert and the official practice test.