Reference no: EM13239238

1. Explain fully the effects that payments like those which Lockheed made to the Japanese have on the structure of a market.
2. In your view, were Lockheed's payments to the various Japanese parties "bribes" or "extortions"? Explain your response fully.
3. In your judgment, did Mr. A. Carl Kotchian act rightly from a moral point of view? (Your answer should take into account the effects of the payments on the welfare of the societies affected, on the rights and duties of the various parties involved, and on the distribution of benefits and burdens among the groups involved). In your judgment, was Mr. Kotchian morally responsible for his actions? Was he, in the end, treated fairly?
4. In its October 27, 1980, issue, Business Week argued that every corporation has a "corporate culture,"-that is, a set of values that set a pattern for its employees' activities, opinions, and actions, and which are instilled in succeeding generations of employee (pp. 148-60). Describe, if you can, the "corporate culture" of Lockheed and relate that culture to Mr. kotchian's actions. Describe some strategies for changing that culture in ways that might make foreign payments less likely.