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5 years ago
What are the sources of guidance for firms and their managers in a situation in which payments are either demanded or likely to obtain a sale? What does the ethics analysis focus on?
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Business and Its Environment

Business and Its Environment


Edition: 7th
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#1
5 years ago
In a situation, in which payments are either demanded or likely to be required to obtain a sale, firms and their managers have two sources of guidanceone is ethics and the other is the law. Ethics is considered first, and then the law is presented and interpreted. Corporate codes of conduct are then considered.
The ethics analysis focuses on bribery and the question of when, if ever, a firm is morally justified in paying a bribe.
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