please read it before you write the article. and answer the question 1,2,3. thx

You were just hired as the assistant to the Chief Financial Officer (CFO) ofSaddlebackSpecialty Shops, an exclusive specialty chain store company that has thirty retail stores concentrated in Southern California. Among other things, the payment of all invoices is centralized in one department that you will be managing. Your primaryresponsibilityis to maintain thecompany'shighcredit rating by paying all bills when they are due and takingadvantageof all cash discounts. JanieSaddleback, the former assistant to the CFO, who has been promoted to CFO, is training you in your new duties. Sheinstructsyou that you are to continue the practice ofpreparingall checks"net of discount and date them the last day of the discount period." "BUT"Janie continues,"we always hold the checks at least four days beyond the discount period beforemailing them. That way we get another four days of interest on our money. Most of our creditors need our business and don't complain. And if they scream about our missing the discount period, we blame it on themailroomor the post office. We have only lost onediscount out of every hundred we have taken using this strategy. I think everybody does it. By the way, welcome to our team!"Grading Criteria

Share with your classmates answers to the following questions:

1. What ethical considerations exist in this scenario?

2. What stakeholders are harmed or benefited?

3. Should you continue the practice started by JanieSaddleback?Do you have any choice?

Post your initial response (10 sentence minimum)