The Business Integrity and an Ethical Business

   

Added on  2020-05-08

5 Pages1031 Words111 Views
Running head: INTERNATIONAL BUSINESSInternational BusinessName of StudentName of the UniversityAuthor Note
The Business Integrity and an Ethical Business_1
INTERNATIONAL BUSINESS1IntroductionThe senior management of a firm has a serious impact on the business integrity and anethical business can shake the foundations of the business (Trevino & Nelson, 2016). This paperwould discuss about the ethical implications at PepsiCo when three of their senior managers havebeen accused of taking bribes from a supplier. DiscussionAs discussed by Gupta (2017), there has been increased incidences of bribery, moneylaundering, fraud and corruption in the workplaces, which has deeply impacted the waybusinesses function these days (Trevino & Nelson, 2016). The organizations are trying hard toprevent the unethical behavior of the employees. Moral concepts of the individuals have suffereda massive change in the recent years (Reynolds & Miller, 2015). A person displaying moralbehavior would refrain from cheating of any sort and he believes that doing so would create abetter world. However, these kinds of ethical values are getting lost in today’s world. Thecompetitive advantage of a company is enhanced when the governing policies of the firmsatisfies the interests of all the firms. However, when an unethical act like bribery is beingadministered, then the interests of all the stakeholders cease to exist. There are severe ethical as well as governance implications of taking bribery by thesenior managers of a firm. It severely affects the ethical values of the organizations and there isthe development of a negative organization culture (Gaudine & Beaton, 2016). The employeesmay engage in dishonest acts and if they are being questioned for these activities, they may citethe examples of corrupt senior managers (Trevino & Nelson, 2016). This would increase thechances of conflict in the organization, which would decrease the organizational growth. There
The Business Integrity and an Ethical Business_2

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