Mgmt 20134 business ethcis and sustainability - examine


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.

Two specific requirements need to be considered.

1. Students need to demonstrate "a body of knowledge that includes the understanding of recent developments in adiscipline and/or area of professional practice, and

2. Students must demonstrate "knowledge of research principles and methods applicable to a field of work and/orlearning".

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Business Law and Ethics: Mgmt 20134 business ethcis and sustainability - examine
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