If a Politician Sits on a Board That Grants Money

question 27

Short Answer

If a politician sits on a board that grants money to companies and that executive owns a company that is applying for a grant from the board, he or she is most likely facing a(n)
ethical dilemma.
utility norm.
illegal situation.
conflict of interest.
justice norm.

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Definitions:

Functional Expertise

Specialized knowledge and skills in a specific area of operation within an organization.

Divisional Focus

A strategic approach where an organization is structured into semi-autonomous units, each concentrating on a specific aspect of the business.

Work Process

A related group of tasks that together create value for the customer.

Something Of Value

An item, service, or concept that possesses worth or usefulness to an individual or group.