In the boxed material "Making Ethical Decisions," the textbook describes corruption practices in nations such as Mexico and the United States. These practices include payoffs to government officials in order to get an edge on competing better in one's industry. Which of the following statements best describes the ethical message of this boxed material?
A) Bribery is commonplace and necessary in socialistic nations.
B) Bribery is acceptable if everyone is doing it. As a business person, you have to find the right balance in whatever nation you want to sell your products.
C) Campaign contributions are not considered bribes, particularly if everyone in your industry is doing the same.
D) Ethics plays an important role in a capitalistic system and the freedom to compete.
Correct Answer:
Verified
Q168: _ is considered by some to be
Q171: Neo-Malthusians followers of Thomas Malthus)believe that the
Q172: A key to economic growth and development
Q178: Which of the following is an important
Q179: Sue is a gifted cook. She plans
Q192: In a free market economic system, the
Q193: For many years,Congressman Ricardo Perez has called
Q204: When prices are free to adjust over
Q207: An oligopoly is a market that is
Q210: A typical demand curve shows that:
A)As people
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents