Problem: Two weeks after firing two top managers for failing to meet company standards at International Industries Corporation, your supervisor has appointed you to research why the previous managers have been fired. After researching, you discovered that they were fired for taking bribes from a representative agent to buy certain products.
Be sure to include the following:
1. What do ethics in business mean?
2. Is it ethical for a manager to accept bribes as an inducement to buy in business? Why or why not?
3. Why are ethics and social responsibility important in the business world?