Business Finance Homework Help

The following activity connects nicely to our unit on international business communications. Whatever the country, defining ethical behavior across boundaries is challenging. Bribery, blackmail, the exchange of gifts, child labor, and environmental protection are ethical issues that may be viewed differently by global business leaders. First, read the brief overview of ethics and corruption. (See Link below) Then, consider the following situation and write a half-page response that incorporates the THREE questions that follow.

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Your company is moving toward final agreement on a contract in another country to sell farm equipment. As the contract is prepared, the officials you have been working with ask that a large amount of money be included to enable the government to update its agriculture research. Your colleagues all seem to agree this is common practice. The extra amount is to be paid in cash to the three officials you have worked with. Your supervisor is pressuring you to do whatever it takes to close the deal.

1. What are two or more ethical complexities you can identify when working with another country?

2. What is one advantage to working with a foreign country?

3. Should your company pay the large amount to get the deal closed? Why or why not?

LINK TO TONIGHT’S READING:

https://courses.lumenlearning.com/introbusinesswmo…