You are running with a business since last many years. Over a period of time you have very good corporate image in market. But unfortunately since last two years your firm is passing through crisis. Your business is suffering from heavy losses. You are planning to wind up your business. Meanwhile one big corporate house has announced a big corporate deal through auction. You have also decided to take part in that deal as it will be a last option for you to save your business. On the day of auction, so many companies have participated for this bid. Committee would declare the result after lunch break. You found the closed envelope of your competitor’s bid during lunch break.

(A) Will you be ethical in this situation? If yes how? And if no! Why?
(B) If you be ethical, how you will survive your business.

Answer rating: 100% (QA)

Explanation A In this particular situation i would see the bids of competitors because this is the l... View the full answer