You work at a large bank in the new accounts department where you open accounts for new customers. The bank has a policy that pays bonuses related to the number of new accounts you assist in opening. Your manager tells you that many of the accounts are for small depositors. He suggests that wen opening a new savings account for these customers, you can add another account, such as credit card, without them even being aware of it. You know that opening an account without the approval of the customer is not ethical, but you also know the person may never know who opened it. Anyway, your manager suggested the idea and earning bonus money sounds good. What are your alternatives? What would you do? Is that the ethical thing to do? Answer below in no less than 6 complete sentences.
You work at a large bank in the new accounts department where you open accounts for new customers. The bank has a policy that pays bonuses related to the number of new accounts you assist in opening. Your manager tells you that many of the accounts are for small depositors. He suggests that wen opening a new savings account for these customers, you can add another account, such as credit card, without them even being aware of it. You know that opening an account without the approval of the customer is not ethical, but you also know the person may never know who opened it. Anyway, your manager suggested the idea and earning bonus money sounds good. What are your alternatives? What would you do? Is that the ethical thing to do? Answer below in no less than 6 complete sentences.
Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 5DQ
Related questions
Question
100%
![Making an Ethical Decision
You work at a large bank in the new accounts department where you open
accounts for new customers. The bank has a policy that pays bonuses related to
the number of new accounts you assist in opening. Your manager tells you that
many of the accounts are for small depositors. He suggests that wen opening a
new savings account for these customers, you can add another account, such as a
credit card, without them even being aware of it.
You know that opening an account without the approval of the customer is not
ethical, but you also know the person may never know who opened it. Anyway,
your manager suggested the idea and earning bonus money sounds good. What
are your alternatives? What would you do? Is that the ethical thing to do?
Answer below in no less than 6 complete sentences.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F868b8534-4d89-4d63-908b-b662dc9aeef4%2F96db8ca1-6e88-4f5e-bda4-f5cb5aa9a231%2Fu913kqr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Making an Ethical Decision
You work at a large bank in the new accounts department where you open
accounts for new customers. The bank has a policy that pays bonuses related to
the number of new accounts you assist in opening. Your manager tells you that
many of the accounts are for small depositors. He suggests that wen opening a
new savings account for these customers, you can add another account, such as a
credit card, without them even being aware of it.
You know that opening an account without the approval of the customer is not
ethical, but you also know the person may never know who opened it. Anyway,
your manager suggested the idea and earning bonus money sounds good. What
are your alternatives? What would you do? Is that the ethical thing to do?
Answer below in no less than 6 complete sentences.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Foundations of Business (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781337386920/9781337386920_smallCoverImage.gif)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
![Foundations of Business - Standalone book (MindTa…](https://www.bartleby.com/isbn_cover_images/9781285193946/9781285193946_smallCoverImage.gif)
Foundations of Business - Standalone book (MindTa…
Marketing
ISBN:
9781285193946
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
![Foundations of Business (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781337386920/9781337386920_smallCoverImage.gif)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
![Foundations of Business - Standalone book (MindTa…](https://www.bartleby.com/isbn_cover_images/9781285193946/9781285193946_smallCoverImage.gif)
Foundations of Business - Standalone book (MindTa…
Marketing
ISBN:
9781285193946
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning