Business Ethcis and Sustainability
Individual Assignment ( essay)
Word Guide: 2000-2500 words
Essay Task
Students are required to discuss the following:
Many managers, when working overseas in particular in developing countries, engage in bribery and corruption as a way of securing contracts or ensuring that business transaction occur in a timely fashion.
They often argue that whilst they would not engage in such practices in their home country, it is a common accepted practice and part of the culture of many developing countries.
• Explain what is bribery, corruption and its link to ethics.
• Examine bribery and corruption using ethical relativism. Can such practices be seen as part of a nation's culture? If so what are the implications.
• Contrast bribery and corruption from the perspective of consequentialism, deontology and virtue ethics and how a manager would use to explain, defend or refute the practice.
• Contrast the Australian legislation that addresses the bribery of foreign officials with at least 1 other country's approach.
• Based on the above discussion, draw your own conclusions as to whether you believe bribery and corruption is or is not ethical.