Walter's Inc., a cement manufacturing firm, fails to meet the deadline for delivering 500 kg of cement to QuickContruct Inc. The officer responsible for the distribution and sale at Walter Inc. bribes the officer at QuickContruct Inc. to alter the date of delivery in the original contract. Which of the following concepts is best illustrated in the above scenario?

Question

Quizplus · Accepted Answer

The scenario shows an ethical transgression, which is a violation of ethical norms or principles. The bribe and alteration of the delivery date are unethical and illegal actions, breaching the trust placed in both parties by their stakeholders.