Corruption the merriam webster dictionary nd defines


Corruption, the Merriam Webster dictionary (n.d.) defines corruption as the "impairment of integrity, virtue, or moral principle, or inducement to wrong by improper or unlawful means (as bribery). Many argue that corruption is a major problem in business and public service today. There are those who lack integrity, virtue or moral principle and engage in unethical and /or illegal behavior, and there are those who induce others to engage in unethical and/or illegal behavior. Primary task: 400-600 words that respond to the following questions with your thoughts ideas and comments along with references. For this assignment you are to discuss 2 instances in which you witnessed corrupt behavior in a professional setting. You may discuss a situation that involved a public or private organization (business, not-for-profit, or government office)for which you either were employed, or were a customer. If you have not personally witnessed corrupt behavior you may research and find an example. Make sure to cite the source of the example. In your discussion of the two situations please at a minimum discuss the following: Explain the circumstance surrounding each incident including your role in the incident(a witness, participant, person receving a complaint of unethical behavior.2.) Share your thoughts on the impact of the unethical behavior on a micro and a marco level ( impact on the customer/patron, the business/agency, the industry and the public). Does the corrupt behavior only impact the business or agency involved or does it have wider societal implications? For example, many have argued that the unethical behavior of a small percentage of mortgage brokers and real estate agents contributed to the real estate bubble bursting in the first decade of the 21st century.3.) Applying the ethical principles you have discussed in class as well as the material you researched provide your suggestions on how to prevent or limit this type of corrupt behavior in the future. Objectives: Describe basic ethical issues which professionals encounter in their arenas of work and also apply ethical principles to situations which challenge one's own principles.

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Business Economics: Corruption the merriam webster dictionary nd defines
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