Correct Not making the payment would put their company at a competitive

Correct not making the payment would put their

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opportunity, this is a legal "grease payment." Correct. Not making the payment would put their company at a competitive disadvantage is not a proper defense to the Foreign Corrupt Practices Act. Under the Foreign Corrupt Practices Act, grease payments are allowable to low-level government officials who have little discretion in decision making. Assuming the payment is to a low-level official, the payment generally will be permitted if the payment is legal in the foreign country. In deciding whether to make the payment, Phil states that he does not want to fall below the moral minimum in the decision. What is usually considered to be the moral minimum in an ethical decision? Societal norms. Social mores. The law. Social consciousness. Correct. Abiding by the law is commonly considered the moral minimum. Nevertheless, the study of ethics and ethical decision-making often takes into account many considerations and philosophies beyond whether or not an action is legal.
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Assume that the payment is legal. Phil might not want to make the payment anyway, because he is afraid that it will have a negative impact on the corporation's profits, people and the planet in general. Phil is worried about the corporation's: net bottom line. profit maximization. net income. triple bottom line. Correct. The triple bottom line would take into account not just the decision's impact on the company's profits and losses, but also the decision's impact on the environment and people (e.g., employees). Which of the following would be a stakeholder in Phil's decision of whether to make the payment to the German's? All of these are correct. The workers at Phil's company. The German government. The shareholders of Phil's company.
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  • Spring '18
  • Foreign Corrupt Practices Act, Herr Dietz

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