Mechanisms play in encouraging ethical decision making

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1. What role do the following four mechanisms play in encouraging ethical decision making, and what are the limitations of each? 1. Personal integrity 2. Corporate culture 3. Government regulation 4. Market feedback from customers

2. If you are representing an American company doing business in a foreign company and your local agent tells you that in order to gain a lucrative piece of business you should be prepared to “grease the palms” of a few key government officials, assuring you that he will take care of the details so that you don’t need to be directly involved, what should your response be and why?

Reference no: EM131764908

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