Suitable punishment for violation of ethical-legal principle

Assignment Help Other Subject
Reference no: EM1336902

Lobbying is defined as "the act of trying to directly shape or influence a government official's understanding and position on a public policy issue." (Post, Business and Society 7th ed.) What is the difference between lobbying and bribery?

Whether bribery should be considered unethical or illegal has been debated extensively. Many scholars and businesspeople take the position that bribery should not be treated as unethical. Why is it that the general public considers bribery to be immoral? Use ethical theories or philosophies to explain your answer.

The Foreign Corrupt Practices Act (15 U.S.C. sec. 78) makes it illegal for US companies to pay bribes even if they are in foreign countries. Assuming that this is a case where the FCPA would apply, it helps to look at its definition of a bribe. The FCPA defines a payment that is "meant to influence an official to award or maintain business activity" as illegal. Payments that assist the payer to obtain ministerial actions are not prohibited. What argument could the SLOC members make that the payments made do not fit the definition of an illegal bribe under the FCPA?

What is the appropriate punishment for violation of ethical and legal principles? Should the remedies be limited to expulsion of the members who violated those principles or should the entire community be held responsible? Use ethical principles or theories to answer this question.

Reference no: EM1336902

Questions Cloud

Project form economic or strategic standpoint : Project absolutely makes sense to do from either an economic or strategic standpoint.
Mutual of chicago insurance company : Robert Balik and Carol Kiefer are senior vice presidents of the Mutual of Chicago Insurance Company. They are co-directors of the company's pension fund management division-Write down  a formula that can be used to value any stock, regardless of it..
Find an instance method whenever the method is called : A ____ reference is an automatically created variable that holds the address of an object and passes it to an instance method whenever the method is known.
Elucidate how the price level will be affected : Elucidate how the price level will be affected by these expenditures in the short-run. Explain how GDP is affected in the long-run.
Suitable punishment for violation of ethical-legal principle : What is the appropriate punishment for violation of ethical and legal principles? Should the remedies be limited to expulsion of the members who violated those principles or should the entire community be held responsible?
Strategic competitive advantage : Discuss the available resources to gain a strategic competitive advantage.
At which point if should the government regulate promotion : Explain why is the "1 free" free to the buyer but not to society. At which point if any should the government regulate such promotions like these.
Explain devising marketing mix : Explain Devising Marketing mix and Explain the components of the marketing mix for Kudler's new catering service
Health care organizations : Do toy think health care organizations different than most other organizations?

Reviews

Write a Review

Other Subject Questions & Answers

  Making of memory for survival

procedural memory could possibly be the most influential in the formation of memory for survival.

  Why is it important for a business to register for vat

Distinguish between exemption and zero-rating for VAT purposes

  Retraining existing employees

What are the strengths and weaknesses of each approach?

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Knowledge of hand washing and hospital-acquired infections

What is the relationship between knowledge of hand washing and hospital-acquired infections among nursing staff.

  Describing the compensatory and punitive damages

Why is it appropriate that both compensatory and punitive damages exist?

  What social responsibilities does tims coffee shoppe have

Is there a business you have visited or know of that evidences sustainable practices? Examine and include the following aspects: environmental, social and ethical sustainability.

  Detailed explanation to psychology

So, what are some of the manners to make sure we make a thoughtful decision about our clients?

  Therapy-cross cultural counselling

What does it mean to be a "role free" counselor as it is referred to in the text?

  Description of term work or industrial psychology

Description of term work or Industrial Psychology

  Finding the interview room

Describe what one would find in an interview room. Why would these items be in that room? If there is another person in the room (officer witness), where should he or she sit?

  What is social rehabilitation

What is social rehabilitation How is it different from medical and vocational rehabilitation

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd