How ethical are the following behaviors? The manufacturer of a leading insect spray changes the formulation of its product to eliminate problems experienced by people allergic to some of the ingredients. The manufacturer does not inform consumers.  The change in the formula will make the product less effective. A bribe is paid to a company official in the island country of Kokomo to facilitate the movement of a product in that country. Bribes are a normal and expected business practice in Kokomo

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter1: Introduction: What This Book Is About
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How ethical are the following behaviors?

The manufacturer of a leading insect spray changes the formulation of its product to eliminate problems experienced by people allergic to some of the ingredients. The manufacturer does not inform consumers.  The change in the formula will make the product less effective. A bribe is paid to a company official in the island country of Kokomo to facilitate the movement of a product in that country. Bribes are a normal and expected business practice in Kokomo

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