Question: The 3 articles below is my classmate discussion post can you please give explanation why you agree with the articles below? ( there is three
The 3 articles below is my classmate discussion post can you please give explanation why you agree with the articles below? ( there is three different articles attached below answer them separate please) Can you please include at least 1-2 references with accurate links for three different articles and include in-text citations in APA-7th edition style ?
Considering the company's values to be honest, trustworthy, and respect, the company should not pay the bribes to China (Hackworth & Shanks, 1998). This could cause reputational damage, regardless of how many other participate in the practice. Short-term profit may result in long-term damage. While this type of bribery could be an example of cultural relativism, as Gilbert (2016) notes, this viewpoint could lead to moral ambiguity where unethical practices are used as an excuse to justify the practices. However, a company that values ethical transparency should wish to avoid relying on a technicality to justify unethical decisions. I would encourage the CEO to consider the legal and ethical implications. Businesses might skirt the legality by using a third party, however, there is nothing guaranteeing that the action will not be revealed. Even if there are no actual legal repercussions, the reputational implications could be severe. The utilitarianism theory would suggest that the company should not participate in bribery as this will cause the greatest harm through the deterioration of trust among people. As an additional way to encourage the CEO, I would explain that virtue ethics expresses that those who are ethical make ethical decisions (Gilbert, 2016). In addition, I would ask for a team of individuals to investigate additional ways to do business with China. Perhaps these methods will not be as easy as bribery, but they will maintain the integrity of the organization. References Gilbert J. (2016). Ethics for Managers: Philosophical Foundations and Business Realities: Chapter 7: Employment Issues. UMGC. ezproxy.umgc.edu/login? url=https://search.ebscohost.com/login.aspx? direct=true&db=nlebk&AN=1249059&site=ehost- live&scope=site&ebv=EB&ppid=pp_105 Hackworth M., & Shanks, S.J. T. (1998, April 1). The case of the million-dollar decision. Santa Clara University. https://www.scu.edu/ethics/focus- areas/business-ethics/resources/the-case-of-the-million-dollar-decision/In this situation, I don't think Pegasus should pay bribes to enter the Chinese market. The company's values focus on honesty, integrity, and respect, which paying bribes would directly go against. Even though bribery might be common in China, it's still illegal and unethical. If Pegasus paid bribes through contractors, it would still be responsible for breaking the law and its own ethical standards. The short term gain of making $100 million doesn't outweigh the long-term damage to the company's reputation and the trust of its employees and customers. Paying bribes wouldn't be cultural relativism either because it's not just about fitting in with local customs. It's about whether something is morally right or wrong, no matter where you are. If I were a manager and asked to make these payments, I'd refuse. I would want to keep the company's values intact and find a different, legal way to enter the market without sacrificing our integrity. Gilbert4, J. (2016) Ethics for managers. Philosophical Foundations and Business Realities: Chapter 4. International Business Ethics. Retrieved: https://web-p- ebscohost-com.ezproxy.umgc.edu/ehost/ebookviewer/ebook?sid=5d9fafd2-e3af- 4a53-9dd6-9692190e63ef%40redis&ppid=pp_48&vid=0&format=EB Gilbert13, J. (2016) Ethics for managers. Philosophical Foundations and Business Realities: Chapter 13: International Business Ethics. Retrieved: https://web-p- ebscohost-com.ezproxy.umgc.edu/ehost/ebookviewer/ebook?sid=d5ebe59a- b767-48ca-bd22-ac2355c1a849%40redis&ppid=pp_254&vid=0&format=EBNo, the company should not pay bribes to enter the Chinese market. Accepting the bribe would be unethical. Participating in bribery is unethical and against the law. The practice of bribery requires the use of a resource or act to persuade someone to act the way you want them to without transparency of your actions. If the company participates in bribery and it is discovered, it could negatively impact their reputation and create costly legal issues for the company laws ("Chapter 13: International Business Ethics," 2016, p. 260-261). While this act may be acceptable in China, as this does against the company's values regarding integrity (Hackworth & Shanks, 1998) and could legally impact the business as it is still held to American business. If I was told that I am expected to bribe decision markers then I would explain my ethical viewpoint regarding the situation. I would state that this decision, while beneficial in the short term, would not create long term value for the company ("Utilitarianism: Crash Course Philosophy #36," n.d.). Reference: Gilbert, J. (2016). Chapter 13: International Business Ethics. In Ethics for Managers: Philosophical Foundations and Business Realities (pp. 260- 261). https://web-p-ebscohost- com.ezproxy.umgc.edu/ehost/ebookviewer/ebook?sid=5be29eb3-82de-4f02- 865a-00adfbe8a86f%40redis&ppid=pp_254&vid=0&format=EB Hackworth, M. L., & Shanks, T. (1998, April 1). The case of the million-dollar decision. Santa Clara University. https://www.scu.edu/ethics/focus- areas/business-ethics/resources/the-case-of-the-million-dollar-decision/ Utilitarianism: Crash Course Philosophy #36. (n.d.). UMGC. https://learn.umgc.edu/d21/le/lessons/1255063/topics/32996628