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Fact Pattern 2-3 Wally and Janice Are Both Managers in a Small Corporation

question 57

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Fact Pattern 2-3
Wally and Janice are both managers in a small corporation set up to manufacture sporting goods. They both receive bonuses for any ideas that benefit the company, although Janice's bonus is computed at a lower rate than Wally's because she has been at the company a shorter amount of time. Janice has a great marketing idea that would result in her receiving a bonus of $1,000. She has it all worked out on her computer. Unknown to her, one evening after business hours, Wally obtains the information from her computer and submits it himself the next day. He is immediately awarded a bonus of $2,000 for the information. Fortunately for Janice, Sally, a custodian, saw Wally in Janice's office and heard him calling his wife while he was there to brag about his misdoings. Sally informed Blaire, the CEO, of Wally's actions.
-Refer to fact pattern 2-3. Which of the following types of justice is involved if Blaire requires that Wally give Janice the entire $2,000 bonus he received?

Definitions:

Inventory

The total amount of goods or materials held in stock by a business or organization for the purpose of resale or production.

Cost of Goods Sold

The direct expenses related to the production or purchase of products a company sells.

Molding

The process of shaping a malleable substance into a specific form using a rigid frame or mold.

Operating Statement

A financial document that provides a detailed account of a company's operating activities and expenses over a specific period, also known as an income statement or profit and loss statement.