As a manager, if you are aware that your competitors are bribing officials, your firm does not face negative legal outcomes if you report the bribery.

Question

Quizplus · Accepted Answer

Reporting bribery by competitors would be considered whistleblowing, and most countries have laws to protect whistleblowers. In addition, if an organization has a strong culture of ethical behavior and compliance, reporting bribery would be considered the right thing to do and could even be rewarded internally. However, if the organization is aware of the bribery and does not report it, it could face legal consequences and reputational damage.

As a Manager, If You Are Aware That Your Competitors