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Importance of supply chain management essay
Bribery and business ethics
Importance of supply chain management essay
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climate is also risky due to the locations being used during transportation and how easily disruptions could emerge due to new rules or emergency situations especially due to the mentioned threats in the case. Furthermore, the terrain of the unfamiliar area could lead to longer than expected delays or loss of inventory.
Question 6: Regarding the supply chain, how---if at all---should bribes be included? What functions do they serve?
In some countries, bribes are used to facilitate the supply chain transactions. They are a part of the meeting as each person is seeing how much the person values their business relationship. It does not have the same moral and politically discouragement seen in the United States. Thus, in the case North Korea culturally expected certain treatment when dealing with other businesses. Juxtaposed, the United States does not condone bribes since they are illegal and would be forfeit from using in the supply chain.
From the international perspective, bribes help complete and support transactions so much that you may insult someone who expects a bribe in return for service. Expectation of a bribe could be internally factored into the person 's calculation of the value for completing a deal. Thus; in the scenario where bribes are expected and all involved may legally accept bribes, the supply chains would adapt to the situation and bribe when appropriate.
Question 7: If Terim puts together this transaction, is he acting ethically? Discuss.
Logistically, if his actions are within the terms of conducting business legally in the United States and other channels he is using it is ethical for him to utilize strategies to gain a competitive business deal.
This question relies on the standards Terim is try...
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...s than what is suggested in Western areas. Thus, the same idea is analogous to how the use of bribery may have cultural and regional reasons behind them such as riskier environments, regulations, and other issues.
Taking advantage of another region 's policies by forcing your own could prove unethical since it undermines the established norms of doing business in that area.
You would be essentially bypassing an implied part of the transaction by not supplying entertainment or rewards for a successful agreement. It would be foregoing a significant part of facilitating the agreement while benefiting from saving cost and time in rewarding the people involved who assumed a customary reward. Overall, the case provided a comprehensive look at how payments are considered and what factors affect choosing to maneuver regulations, whether it was time, risk, cost, or ethics.
Business ethics focus on what constitutes something being right and wrong. In the world of business, ethical and moral principles are applied by companies and individuals in situations that arise in everyday activities in the workplace. Typically these principles are based on our personal values, and they ultimately determine the end results of our decision making process. We should remember that business ethics is not a different type of ethics, nor one that is solely used in the workplace. The ethical standards we use to guide our decisions in our personal lives should be equally applied to our corporations and workplace activities. With that being said, is it ethical to use the tactics that Philippe Kahn did to generate momentum for his business?
1) Starbucks’ legal case strategy legal maneuvering cannot be considered as ethical. The company tried to use its power in order to weaken the small company that already was much weaker. It is obvious that Black Bear had much less finances than the Starbucks did, and that is why legal procedures were exhausting the small company financially. The maneuvering, undertaken by Starbucks, had the aim to destroy the Black Bear Company, and thus to reach its target in the legal proceedings.
First, paying bribes and siphoning off millions of dollars from the corporation would eventually lead to the company losing money because building mega projects in politically unstable countries would prove problematic. A sudden regime change would render the contracts useless, as
Quickly becoming apparent after only a few rounds of play was in the absence of coordinating direction the individual supply chain links immediately focused upon acting in their own best interests much more so than the organization as a whole. Whether the end use customer was satisfied became secondary to avoiding stock outages for the next link in the chain, or their specific “upstream customer”. The real world application of this example is that focus on the end use customer must be consistent and maintained throughout the process up to and including delivery. Undoubtedly internal customers, such as retailers to wholesalers and distributors to production, must be serviced along the way for the transaction to ultimately occur. However, unless an end use customer is involved no profit can be realized by anyone.
The core issue in this case is about how Wal-Mart de Mexico covered a vast bribery orchestrated by government officials, authorities, and executives from Mexico. Wal-mart de Mexico perfected the art of bribery by using fraudulent accounting and building stores so fast by getting zoning maps changed and making environmental objections disappear. Wal-mart de Mexico’s executives bribed government officials to aid in getting permits faster, since this is a process that typically takes months to complete. However, the company’s executives managed to get them materialized in days. Bribes were also
Albert Carr argues that business is a game and that business ethics differs from private life ethics that individuals practice. Carr explains that practices such as bluffing and not telling the whole truth are morally acceptable in business context. Carr claims that one cannot apply a single standard of ethics universally as situations differ from one to another. My response to such claim is that I refuse to accept that businesses cannot be strictly ethical.
The word “bribe” is shown throughout the Old Testament several times. In Exodus 23, while miscellaneous laws are given to the people, in verse 8 the following law is given: “You shall not take a bribe, for a bribe blinds the clear-sighted and subverts the cause of the just” (NASB Exodus 23:8). In this passage, “bribe” is referred to as something corrupt, as something that harms the just. In 1 Samuel 8, after Samuel appoints his sons as judges over Israel, his sons do not walk in his ways, but instead “turned aside afte...
Oswaldt has two alternative actions regarding his business, bribing Chinese authorities to get licenses or not to bribe the Chinese Authorities, and both these actions may have long-term and short-term affects ánd positive and negative consequences (Hackworth & Shanks, 2007).
“Corrupt payments were “invitations,” approvals for development projects were “opportunities,” this statement came from Mr. Dwek, a well-known member of the Syrian Jewish community. He and 43 others were involved in a huge bribery scam that involved the selling of body parts, which included the two mayors and Rabbis. (Halbfinger, 2009) Bribery is viewed as an unethical practice to many; however, it comes down to the recipient making the final decision on whether to accept or not. You stated that bribery practices involve the individual helping him or herself. Bribery is not new to this world, Solomon tells us and there is nothing new under the sun. (Ecc 1:9) According to Exodus 23:8, “And you shall take no bribe, for a bribe blinds the clear-sighted and subverts the cause of those who are in the right.” These practices translate greed and selfishness in the word of God and He clearly does not want us engaged in these types of behaviors. Walmart is one of the moguls of today’s industry and the founder Sam Walton started his business on the fundamentals of Christianity. However, if you look at Walmart practices today, many are contrary to
Bribery is wrong, and it would be almost instinctive to point at the benefits of impartially functioning public servants and incorrupt corporations to our democratic society as justification. However, in this imperfect world where bribery is rife in varying degrees, is it possible to express this notion convincingly? Certainly 'because the UK Bribery Act says so' is far less persuasive to a council planning office in Shanghai than in London, and indeed in compliance with section 7 of the Bribery Act 2010 which relates to commercial offences, it is essential that this question is engaged with on a corporate scale and without assertion through dogma. Accordingly, this essay will argue that elements wrong with bribery are inclusive of both moral and economic considerations. Moreover, in conjunction with international mandates, advent of aggressive legislation such as that of the UK Bribery Act 2010 is representative of global efforts to eliminate bribery. Hence, it follows that bribery can never be considered a normal part of business because it is economically unsustainable in the long term.
Some people said that corruption is rampant in all governments, So that it is not unknown to any ethnic group, region and continent. It cuts across faiths, political systems, religious Denominations and affects both young and old people. Fraud can be found in public and authoritarian rule;...
The existence of bribery and unethical behavior is rampant in the world market and may not change overnight. The question of bribery has been distilled in business literature as a question of ethics. In this situation at the airport with the customs officer, it is important to distinguish between business ethics and personal ethics. In a business ethics situation, the Foreign Corruption Practices Act would prohibit offering any bribe to the custom office – for example to free a shipment of goods that was lost in red tape (Pitman & Sanford, 2006). Most companies also have policies against bribery as well. In this situation, however the main issue at hand is that of personal ethics. When in a situation where your company is unknown and there is no business being conducted, normal business ethics and laws (including FCPA) do not apply only personal ethical standards.
3. What do you think Wal-Mart could do to develop an improved ethical culture and respond more positively to its diverse stakeholders?
Montesh, M. (n.d.). Conceptualizing Corruption: Forms, Causes, Types and Consequences. Retrieved May 4, 2014, from
Global Challenge: Building the New Worldwide Enterprise. McGRAW-HILL Book Company Europe. NEELANKAVIL, James P. (2003). International Business Corruption: A Framework of Causes, Effects, and Prescriptions. Hofstra University Press.