When auditing expenses claimed by the university president, the auditors found extravagant spending on $1,000 per night hotels, banquets, and gourmet restaurants. The president was fired, alumni donations declined, and staff members - who were disturbed by the extravagance while staff salaries were frozen - quit their jobs.
This example illustrates (select one):

a) the need to identify issues.
b) that universities are more corrupt than companies.
c) that the extravagant spending should have been kept quiet to minimize damage to the university.
d) the lack of information needed to make ethical decisions.
e) that the impact of unethical actions can affect the organization in unanticipated ways.