Which of the following is an example of organizational crime?
A.
A sales manager using a corporate credit card for personal expenses
B.
Management of several pharmaceutical companies engaging in a price fixing scheme
C.
An insurance claims agent conspiring with customers to file false insurance claims and share the proceeds
D.
An HR employee adding a ghost employee to the payroll and misappropriating the paychecks
The Answer Is:
B
This question includes an explanation.
Explanation:
Definition of Organizational Crime:
Organizational crime refers to illegal actions committed by a corporation or individuals acting on behalf of the organization to benefit the corporation or its leaders.
Examples include antitrust violations, environmental crimes, and fraudulent financial reporting.
Why B is Correct:
A price-fixing scheme involves collusion among companies to manipulate prices, a clear example of organizational crime designed to benefit the involved corporations.
Why Other Options are Incorrect:
Options A, C, and D represent individual crimes for personal gain, not organizational crimes.
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