a conflict between what is perceived as right or wrong. In the situation presented‚ there are two identified ethical dilemmas. First‚ is on letting fall guys be victims of injustice on the issue of smuggling and second‚ is whether to accept the bribe being offered which constitutes remaining silent on what was witnessed and start a new life elsewhere. The ethical dilemmas however are interconnected in such a way that the action taken to address the first will have an effect on the other or vice
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at Siemens was how it was legal at one point in time to offer bribes‚ but once the law changed‚ Siemens continued to do brides that was once legal but now illegal. Also‚ when the company continued bribery‚ Siemens transferred money into a hard-to-trace bank in Switzerland to protect their business and help them win contracts. Managers rationalized it as the bribes being useful money‚ but in a way they were still making profit‚ and bribes were used as a cost of doing business and keeping the business
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by bodabil or the stage show‚ a form of entertainment in the Philippines which became popular during the Japanese period. Based on the French vaudeville‚ bodabilwas a stage presentation featuring various forms: musical‚ comedy‚ and even magic acts‚ skits‚ monologues‚ and acrobatics‚ among others. Vaudeville acts were first introduced to the Philippines during the American occupation and were performed by visiting troupes. These entertainers helped make jazz and blues popular in the country. This type
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HOW TO RESOLVE ETHICAL DILEMMA - a case study Business Ethics HOW TO RESOLVE ETHICAL DILEMMA A CASE STUDY CATWOE ANALYSIS By VIKRAM KARVE [An updated excerpt from my Article titled PUTTING ETHICS BEFORE BUSINESS by VIKRAM KARVE published in the Journal INDIAN MANAGEMENT (The Journal of the All India Management Association) Vol 36 No 10 October 1977 issue pp 51-53] Some people believe that ethics is of little concern to business people. Ethics is ethics and business is business
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Background The topic has two parts – A. The rampant corruption in India and B. Its adverse impact on growth of economy. further with certain hot and specific view points to sharpen your penetration on this contemporary discussion. Arguments for the topic Lot of material is available supporting the topic in the form of newspapers‚ periodicals‚ books‚ electronic media etc. The aspirant is suggested to read the same‚ form systematic pattern to present the same instead of putting forward scattered
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CASE 23 Starnes-Brenner Machine Tool Company: To Bribe or Not to Bribe? The Starnes-Brenner Machine Tool Company of Iowa City‚ Iowa‚ has a small one-man sales office headed by Frank Rothe in Latino‚ a major Latin American country. Frank has been in Latino for about 10 years and is retiring this year; his replacement is Bill Hunsaker‚ one of Starnes-Brenner’s top salespeople. Both will be in Latino for about eight months‚ during which time Frank will show Bill the ropes‚ introduce him to their principal
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were caught using bribes to win business all over the world. The fines totaled a net amount of 1.6 billion. Between 1999 and 2006 when the company was raided‚ Siemens reportedly paid around 1.4 billion dollars in bribes. Before 1999‚ bribery of foreign officials was not illegal in Germany‚ and bribes could be deducted as a business expense under the German tax code. When the law changed‚ Siemens carried on as before‚ but put in elaborate mechanisms to hide what is was doing. Bribes were considered
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degrees of corruption‚ or which would be acceptable universally. More frequently used definition of corruption is the abuse of public office for private gain. Public office can be abused in many ways‚ for example‚ when officials accept or extort bribe; or public office can be abused for personal benefits even if no bribery occurs through the theft of state assets or diversion of state revenues. The second chapter investigates the variety of causes of corruption and opportunities that governmental
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a way that government officials both‚ local and federal‚ ask for bribes to accomplish anything. For example‚ let’s say you need rent an office; the office rental has to be approved by the local city council. They won’t approve it unless you provide them with a bribe‚ they will just give you the run-around. Also extortion for example‚ a tax auditor or a fire department inspector will come and shut down operations until given a bribe to go away. Another question I asked Michael was‚ “What were some
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corruption‚ that implies the giving of money or gift that alters the behavior of the recipient (West’s Encyclopedia of American Law)‚ it is difficult to define what a bribe is in business; if you bring a client to dinner for a business meeting‚ for example‚ trying to secure a signature on a contract to build their house‚ is that a bribe or an
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