You Are An American Expat Managing A Worldwide Business In London, England. There Are Only A Small Handful Of Competitors For This Business, All Of Whom Are Located In Europe. Your Professional Success Rests On Achieving Very Aggressive Financial Performa

IntroductionBusiness Ethics is 1 of the most widely talked some in corporate America . When ever one is dealing with issues of right wing and fair , one is dealing with ethical line of works . The answers to ethical problems argon not as clear cut or well up defined as quantitative problems The journey of ethical dilemmas to just or moral solution is often treaded with unfamiliar pip and ch onlyenge to established work culture and valuesCase Study AnalysisThe fictitious character has three possible scenarios -It is ok to go to such meetings as long as they are either no argumentation affairs or act like a conduct proboscis meetingSecondly these meetings are not a mean to emissary on competitor readingFin aloney these meetings are not part of the bear on of cartelization within the IndustryScenario 1These meetings are used by sedulousness players to rule together and discuss how to collectively present their case on various issues or government policies . They decision seizen sens act like a trade body and evoke be used by the companies as a platform to stick together for the benefit of the industry . Meeting per feel out put up t be bad as long as no ethical barriers are ch bothenged . If one considers the scenario 1 on cultural and personal front than there is no problem in attending such meetings . Culturally it is accepted for industry players to meet early(a) players in the market and discuss about the future of the industry , on personal front it is untroubled to develop network among other industry playersScenario 2As the case mentions that such meetings do sink to disclosure of price and other information of the competitors , then in such a scenario it is not heady to attend the meeting . First information sharing can t be one way so if one is get the competitor meeting then one also contain to reveal his /her side of story .

This information can be true or false in both the scenario one will be exposed to vulnerable situation divine revelation of true information might allow the competitor to take advantage of and if incorrect information is provided then there is a high risk of loosing face among the industry players . Deliverance of every quarter or annually results over a period of time using such techniques are often unfruitful as managers often end up loosing credibility not among other industry players but also with in the companyScenario 3This can be open to government regulations and other legal proceedings as industry players get together to artificially fix prices and lead to cartelization of the industry . In such an environment all the players coincide to keep prices high or create an artificial get hold of by short supplying the products (Maddux , 1989 ) As president capital of Nebraska once said One can fool all the people for some time and some of the people for all the time but one can t fool all the people all the time . Once the regulatory body will notice the trend penalties will be severe...If you require to get a full essay, order it on our website: Orderessay

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