When managers of a firm seek to unilaterally rewrite the terms of a contract with suppliers,buyers,or complement providers in a way that is more favorable to their firm,they are engaging in

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Unilaterally rewriting a contract in a more favorable way without mutual agreement or negotiation is generally considered opportunistic exploitation, as it takes advantage of the other party's dependence on the relationship and can harm their interests. Ethical behavior would entail honoring the original terms agreed upon by both parties, or renegotiating in good faith if appropriate. Corruption refers to illegal or unethical behavior for personal gain and does not necessarily involve contracts. Philosophical ethics are a broader set of principles that guide behavior and decision-making, but do not specifically apply to this scenario. Self-dealing involves acting in one's own interests, which may or may not be unethical depending on the context.

When Managers of a Firm Seek to Unilaterally Rewrite the Terms