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After taking $45 billion in taxpayer funding to remain afloat, citibank spent $50 million on a new private jet. this action was:__________

Sagot :

This action was: Unethical since taxpayer money was given solely with the intent to keep CitiBank solvent.

Why is an ethics policy important?

A code of ethics is important because it clearly lays out the rules for behavior and provides the groundwork for a preemptive warning. While a code of ethics is often not required, many firms and organizations choose to adopt one, which helps to identify and characterize a business to stakeholders.

What are the five ethical standards?

The five principles, autonomy, justice, beneficence, nonmaleficence, and fidelity are each absolute truths in and of themselves.

To learn more about ethics policy visit:

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