Law, Business and Society 11th Edition by Tony McAdams

Exercise 53

Boris Siperstein, 38, of Austin, Texas, bikes to meetings for his private-equity firm and estimates that he has saved the firm several thousand dollars because he takes his folding bike on business trips and uses it in place of cabs. Siperstein has also slept on the floor of the company's former Manhattan headquarters rather than exceed his personal limit of $200 for a hotel room. David Payne, 41, a trainer for a Brooklyn, New York, software firm, often washed his clothing in the bathtub while on the road. Now he travels with detergent and uses local laundromats, thus saving, he estimates, $30 to $40 off hotel service. 73
a. Will you impose frugal spending limits on yourself when you are on a company ex­pense account Explain.
b. Is frugality morally required Explain.
c. Do employers value frugal employees Explain