Question

5. Bribery is rampant in some industries and countries:
   1. What is bribery?
   2. Why is it unethical and, in most countries, also illegal?
   3. Assume you were recruited by a high-tech company as a local manager in South Texas. After a few months in the job, you discover that several transactions with buyers involved bribery (some buyers paid higher prices but those payments are significantly lower in company records, reason why you suspect that part of the payments were bribes that benefited the executives that were in charge of the transactions).
   4. As new executive at a local level, would you continue such transactions, that is, continue using bribery (noting that you would now become part of the beneficiaries of the existing bribery)?
   5. What would you really do?

Answer 1

a) Bribery is a practice which is unethical and illegal. It is an immoral benefit that destroys common good, creating inequality of wealth. It is given and received in the form of money, a promise to do something, property, or any other thing, to fulfill a duty.

b) bribery is unethical because, it takes advantage of a person's need and create wealth inequality. It is a deal that involves a promise or act to do something in a smaller time period or to do something which is forbidden for that particular client/person, in return for a gift.

Bribery is illegal because, it involves unfaithful behaviour, taking advantage of one's power position.

c) assuming as a newly recruited local manager, I will consider the issue of bribery on a serious note. I will analyse all the records, data, and communicate with the customers/clients who paid extra money to suspected executives.

d) as a manager, I will try to stop all such transactions that are dealt on the basis of bribe. I will also take reporting on the transactions made by each employee and contact all the prospective customers/clients.

e) I would really change the policies, and try to stop every contract or deals that is illegally and unethical. Members of the firm are monitored and are advised to remain true, not to get involved in any corruption issues.

(Please like the answer it will encourage me.)