Corporate Unethical Situations I

What is bribery?

• Legal business practice

• Act of giving or receiving something of value to influence actions

• Form of charity

What does gender discrimination refer to?

• Fair treatment of individuals

• Unequal treatment based on gender

• Ignoring workplace issues

Why is animal testing done in scientific research?

• Entertainment

• Understanding animal behavior

• Testing product safety for human use

What is insider trading?

• Openly trading stocks

• Using confidential information for personal gain

• Sharing financial advice

What is a major contributor to environmental pollution?

• Renewable energy

• Industrial emissions and waste

• Conservation efforts

What is price fixing?

• Independent pricing in a competitive market

• Colluding to control and manipulate prices

• Lowering prices to attract customers

What is tax fraud?

• Accurately reporting income and paying required taxes

• Deliberately evading taxes through deceptive practices

• Encouraging others to pay more taxes than necessary

What are counterfeit goods?

• Authentic products with premium prices

• Imitations or replicas of genuine products

• Exclusive items available only to a select group

What does money laundering involve?

• Cleaning money with household products

• Concealing origins of illegally obtained funds

• Transparent financial transactions

What is industrial espionage?

• Sharing industry secrets for the greater good

• Gathering confidential business information for competitive advantage

• Conducting business transparently