After taking $45 billion in taxpayer funding to remain afloat, CitiBank spent $50 million on a new private jet. This action was:
A. Unethical according to U.S.Treasury spending policies for companies.
B. Unethical since taxpayer money was given solely with the intent to keep CitiBank solvent.
C. Illegal according to the International Monetary Fund policies and rules.
Ans: B. Unethical since taxpayer money was given solely with the intent to keep CitiBank solvent.
Business
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Indicate whether the statement is true or false.
Business
To remain competitive and profitable, many organizations have eliminated
A) middle management. B) entry-level jobs. C) supervisory positions. D) top management.
Business