You work in a bank and your manager asks you to open an account with a competing banking institution so that you can assess why consumers prefer the services of that bank over yours. This is an illegal practice.

Question

Quizplus · Accepted Answer

It is not illegal for a manager to ask an employee to open an account with a competing banking institution for research purposes. However, the employee should disclose their affiliation with the competing bank when opening the account and should not engage in any unethical behavior, such as sharing confidential information or soliciting customers to switch banks.

You Work in a Bank and Your Manager Asks You