This essay is anchored on the issue whether monetary engagement, necessary to expedite business operations between business operators and government regulatory agencies, is grounded with ethical foundation of facilitation or an act of bribery. Furthermore, this article aims to tackle the concept of cultural and ethical disparities underlying facilitation or bribery. Also, this author would like to explore universal tenets of business ethics which would theoretically govern the ethical dimensions of business facilitation and bribery. Thus, this essay will evaluate the business ethical dimension of facilitation and bribery.
This essay hopes to evaluate the business ethical case of Geletex, Inc. It is a U.S. telecommunications corporation attempting to expand its operations worldwide. As Geletex begins its operations in other countries, it has discovered cultural, governmental, and ethical standards that differ significantly from country to country and from those in the U.S. Geletex has had a code of ethics for its U.S. operations since 1975. To cite various scenarios;
1. In …show more content…
Business owners should not pocket cash from the register, practice tax evasion, or deceive customers by selling shoddy products. Business people should operate transparently and with complete integrity toward their employees, vendors, strategic partners, and customers (“Globalizing Your Moral Compass”, 2011). However, ethical standards in business dealings are easier said than done. In fact, criticism of deontology points out that it discounts outcome as a valid factor in evaluating the morality of an action and moral duty seems to contradict one’s natural inclinations and common sense (“Kantian Duty Based Ethics”, 2016). Moreover, critique of utilitarianism theory stresses that there is a difficulty of measuring greater good, fairness and just for all, and those few who were left out are also entitled for their rights and
This essay hopes to evaluate the business ethical case of Geletex, Inc. It is a U.S. telecommunications corporation attempting to expand its operations worldwide. As Geletex begins its operations in other countries, it has discovered cultural, governmental, and ethical standards that differ significantly from country to country and from those in the U.S. Geletex has had a code of ethics for its U.S. operations since 1975. To cite various scenarios;
1. In …show more content…
Business owners should not pocket cash from the register, practice tax evasion, or deceive customers by selling shoddy products. Business people should operate transparently and with complete integrity toward their employees, vendors, strategic partners, and customers (“Globalizing Your Moral Compass”, 2011). However, ethical standards in business dealings are easier said than done. In fact, criticism of deontology points out that it discounts outcome as a valid factor in evaluating the morality of an action and moral duty seems to contradict one’s natural inclinations and common sense (“Kantian Duty Based Ethics”, 2016). Moreover, critique of utilitarianism theory stresses that there is a difficulty of measuring greater good, fairness and just for all, and those few who were left out are also entitled for their rights and