In the boxed material \"Making Ethical Decisions,\" the textbook describes corru

Question

In the boxed material "Making Ethical Decisions," the textbook describes corruption practices in developing nations. These practices include payoffs to government officials in order to get an edge on competing better in one's industry. Which of the following statements best describes the ethical message explained in this box? A) Bribery is commonplace and necessary in socialistic nations. B) Bribery is acceptable if everyone is doing it. As a business person, you have to find the right balance in whatever nation you want to sell your products. C) Campaign contributions are not considered bribes, particularly if everyone in your industry is doing the same. D) Ethics plays an important role in a capitalistic system and in the freedom to compete. Corruption can hinder economic growth

Explanation / Answer

C) Campaign contributions are not considered bribes, particularly if everyone in your industry is doing the same

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