Question

1 - ethics as a lifestyle
learning objective: identify business and managerial ethics.
greyson hotel group (ghg) was formed as a corporation that has several hotel brands in major cities across the united states.
which of the following ethical issues at ghg would directly impact the organization as a conflict of interest?
a.) a member of the ghg board of directors accepts fees for providing advice to one of its biggest competitors.
b.) ghg management withholds its international expansion plans from its stockholders.
c.) a ghg manager refuses to pay new staff members for working extra hours at the new site.
d.) ghg management decides to wait to implement its social responsibility program at the new location.

Explanation:

A conflict of interest occurs when a person's personal interests interfere with their duties to an organization. A board - director advising a competitor while being part of GHG is a clear conflict as their loyalties are divided between the two entities. Option b is about information withholding from shareholders, c is about unfair labor practice, and d is about delaying social - responsibility implementation.

Answer:

a. A member of the GHG board of directors accepts fees for providing advice to one of its biggest competitors.