While on a Business Trip, a Manager Takes Some Friends

question 151

Short Answer

While on a business trip, a manager takes some friends to dinner for a social evening and then charges the dinner to his company's expense account. The ethical ________norm would ask "Does this optimize the satisfaction of all constituencies?"
utility
rights
justice
caring
reciprocity

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Definitions:

Valve Division

A dedicated segment of a company focusing on the production or distribution of valves.

Variable Expenses

Costs that vary directly with the level of business activity or production volume.

Transfer Price

The price charged by one segment of a company for a product or service that is supplied to another segment of the same company.

Valve Division

A specialized department within a company focused on the production and distribution of valves.