Question

1. Do you believe that your code of ethics should remain firm in any situation? Why or why not?
2. Suppose you are doing business in a country where paying fees (bribes) to get through the process more quickly is standard practice. In the United States, bribery is against the law. How will you deal with this conflict taking into account your ethical standards when you’re doing business in that country?
3. What are the advantages and disadvantages of using stock as compensation and incentives?

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1. In my opinion, the code of ethics should remain firm across all situations. This is because they provide the base to resolve ethical dilemmas. They are developed in a well thought manner and reflect the mission and values of the organization. As such, they should be implemented in all situations so that the decision makers can take decisions which are consistent with the overall objectives...

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