Question

You are the executive vice president for Cooper Tire, the sixth largest U.S. tire maker. You have the responsibility to locate land for a new distribution center in Mississippi, and you own over 1,000 acres of land near one site in Tupelo. This could create for you:________.
A) a code of ethics.
B) the usual decision-making problems of cost versus benefit to Cooper Tire.
C) a wonderful, ethical opportunity to make a lot of money.
D) an ethical opportunity to move the distribution center to your hometown.
E) a conflict of interest.

Answer 1

Answer:

This could create for you:________.

E) a conflict of interest.

Explanation:

The conflict of interest will occur when, as the executive vice president for Cooper Tire, you decide to buy the land for your company from your own acres of land.  It means that your personal interests (or family, friendships, financial, or other social factors) are being served, perhaps at the detriment of your employer's.  In this situation, it is likely that you could compromise your judgment, decisions, or actions in the workplace by going ahead to acquire this land for your company because you want to serve your personal and community interests.  However, you can avoid the conflict by clearly stating your positions to your company and allow other management staff to make the needed decision with regards to your land.