In a situation in which payments are either demanded or likely to be required to obtain a sale, ethics is not a source of guidance for firms and their managers.

Question

Quizplus · Accepted Answer

Ethics should always be a source of guidance for firms and their managers, even in situations where payments are demanded or likely to be required. It is important for businesses to act in an ethical manner and avoid engaging in bribery or other forms of corrupt practices. Compliance with ethical standards is not only the right thing to do, but it also helps businesses build a reputation for integrity and gain the trust of their customers and stakeholders.

In a Situation in Which Payments Are Either Demanded or Likely