Question

Discuss why offering a payment can constitute a bribe, even if the illegal payment is never actually made.

Jones is the manager of ABC Auto Repair. Unbeknownst to his employer, Jones also does freelance auto repair work to earn extra cash. He sometimes uses ABC’s ­facilities and tools for these jobs. Discuss the costs and potential costs that ABC might suffer as a result of Jones’s actions.

Answer 1

Answer:-

• Bribery used more negatively conflict of interest more breaks commitment of representing the company in the best interest and way.

•

Jones is using his employer’s equipment to actually compete with his employer.

So Jones may betaking away potential ABC customers.According to Wells, when an employee is operating aside business, the employee may not be performing his work- related duties, then the employermay suffer a loss in productivity.If the low productivity continues, the employer might have tohire additional employees to compensate, diverting more capital to wages.Also, unauthorizeduse of equipment can mean additional wear and tear, causing equipment to break down soonerthan it would have under normal business conditions.And lastly, when an employee “borrows”company property, there is no guarantee he will bring it back.