Answer to Question #248079 in Management for rhaz

Question

Based on what you researched. Imagine you are the director of global business  development for a development for a large Canadian Engineering company that wants to win a contract to build roads in Philippines through a World Bank – funded project. You need to develop a relationship between the Secretary of Public works and highways. How will you handle a situation in which your firm wants to win the contract but has been directly asked for a bribe by a local official in charge of the decision making. Imagine that your competitors are from other countries. How can you still win the business in such situation? 

Answer 1

Accepting and giving bribes in course of business is not ethical and the organization should not enter into such practices as it hampers the reputation of the organization.