When auditing expenses claimed by the university president,the auditors found extravagant spending on $1,000 per night hotels,banquets,and gourmet restaurants.The president was fired,alumni donations declined,and staff members-who were disturbed by the extravagance while staff salaries were frozen-quit their jobs.This example illustrates
A) that universities are more corrupt than companies.
B) that the extravagant spending should have been kept quiet to minimize damage to the university.
C) that the impact of unethical actions can affect the organization in unanticipated ways.
D) the need to identify issues.
E) the lack of information needed to make ethical decisions.
Correct Answer:
Verified
Q36: Pepsi has cooperated with America on the
Q37: Many executives and corporate boards of directors
Q38: Which of the following is based on
Q39: The _ provides a detailed,multipronged "Statement of
Q42: To avoid having ethical situations become problematic
Q46: Hisaoki picks up the local newspaper and
Q48: After a firm has identified the various
Q56: When Bernie Ebbers,WorldCom's CEO,was convicted of financial
Q69: For every consumer who purchases a pair
Q78: When Toyota owners began to report problems
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents