Given scenario:
Person X is an up-and-coming manager in the manufacturing industry which makes radiant floor-heating systems. The firm is interested in opening its production facility in a Country U and the boss of the firm is appointed Person X as an in charge of opening a production facility in the foreign country. However, various officials of the Country U indicated a time frame to complete each activity and they are asked for a bribe to finish it faster.
If the competitor paid the bride, it would be a major competitive disadvantage for the firm. However, paying a bribe is highly unethical and illegal in Country U. Here, the advantage for Person X is he can access the fund without the knowledge of anyone in the home office.
To determine: The key ethical issues in the situation.
Want to see the full answer?
Check out a sample textbook solutionChapter 4 Solutions
Business Essentials (11th Edition)
- Does the company have a precise notion of the impact its activities have on Climate Change?arrow_forwardExplain how ethical dilemmas are evaluated and resolved, what factors are involved?arrow_forwardMany factors affect the ethical actions of an organisation, but some are more important than others.arrow_forward
- Explain the importance of ethical decision makingarrow_forwardA variety of ethical problems have arisen in response to the widespread use of digital technologies such as computers, information networks, and the internet; what can be done to solve these issues?arrow_forwardA variety of ethical questions have arisen in response to the widespread use of digital technologies such as computers, information networks, and the internet; how should they be addressed?arrow_forward