Given scenario:
Person X is an up-and-coming manager in the manufacturing industry which makes radiant floor-heating systems. The firm is interested in opening its production facility in a Country U and the boss of the firm is appointed Person X as an in charge of opening a production facility in the foreign country. However, various officials of the Country U indicated a time frame to complete each activity and they are asked for a bribe to finish it faster.
If the competitor paid the bride, it would be a major competitive disadvantage for the firm. However, paying a bribe is highly unethical and illegal in Country U. Here, the advantage for Person X is he can access the fund without the knowledge of anyone in the home office.
To determine: The thing that would be done by most of the managers in the situation.
Want to see the full answer?
Check out a sample textbook solution
Chapter 4 Solutions
Business Esentials, Student Value Edition Plus 2017 MyLab Intro to Business with Pearson eText -- Access Card Package (11th Edition)
- How has the role of the manager changed in the last couple of decades? What forces have driven the changes?arrow_forwardWhat are the key factors to consider when making decisions as a manager, and how can managers ensure they make informed and rational choices?arrow_forwardWhat are the future challenges before managers with relevant examples?arrow_forward
