CHAPTER 3

Judgment 18 ethical issues and ethical dilemmas in

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Unformatted text preview: IN BUSINESS DILEMMAS D. A conflict of interest exists when an individual D. must choose whether to advance his or her must own interests, those of the organization, or own those organization or those of some other group. To avoid conflicts of interest, employees must be To able to separate their private interests from business dealings. business 19 ETHICAL ISSUES AND ETHICAL DILEMMAS IN BUSINESS DILEMMAS E. Bribery is the practice of offering something (usually E. the money) in order to gain an illicit advantage. Bribery in Bribery can be defined a number of different ways. can 1. Active bribery means that an offense committed by 1. the person who promises or gives the bribe. the 2. Passive bribery is an offense committed by the 2. receiver of the bribe. receiver 3. Facilitation payments to obtain or retain business. 3. to It does not constitute bribery payments in the United States, as long It as they are small. However, the legality of this practice varies in other countries. 20 ETHICAL ISSUES AND ETHICAL DILEMMAS IN BUSINESS DILEMMAS F. Corporate intelligence is the collection and analysis F. of information on markets, technologies, customers of and competitors, as well as on socioeconomic and external political trends. CI involves in-depth discovery of information from CI in-depth corporate and court documents, regulatory filings, and press releases. CI is not an ethical issue if the information is obtained CI legally. legally However, there are a number of questionable or illegal However, techniques used to collect information. techniques 21 ETHICAL ISSUES AND ETHICAL DILEMMAS IN BUSINESS DILEMMAS 1. Hacking is one of the top methods for 1. obtaining trade secrets. obtaining a. System hacking assumes that the attacker a. assumes already has access to a user account already b. Remote hacking involves remotely trying to b. penetrate a computer system via the Internet penetrate c. Physical hacking requires that an agent c. personally enter a facility personally 22 ETHICAL ISSUES AND ETHIC...
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