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This document discusses lessons on business ethics, including definitions and examples of bribery, conflict of interest, and harassment in various settings such as the workplace.
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LESSON 1 LESSON 2 Lesson 3 Lesson 4 Bribery is the act of offering, giving, receiving, or solici ng something of value as a means of influencing the ac ons of an individual in a posi on of power. It’s considered unethical and illegal in most parts of the world because it undermines trust, fairness...
LESSON 1 LESSON 2 Lesson 3 Lesson 4 Bribery is the act of offering, giving, receiving, or solici ng something of value as a means of influencing the ac ons of an individual in a posi on of power. It’s considered unethical and illegal in most parts of the world because it undermines trust, fairness, and integrity in societal and business interac ons. Here are a few key points about bribery: Forms of Bribery: Bribery can take many forms, including money, gi s, services, or favors. It’s not always straigh orward and can some mes be disguised as legi mate transac ons. Conflict of interest occurs when an individual's personal interests could compromise their judgment, decisions, or ac ons in a professional or official capacity. Here are some key points about conflicts of interest: Types: Conflicts of interest can be financial (e.g., owning stock in a company you're regula ng), rela onal (e.g., hiring a family member), or based on compe ng responsibili es (e.g., serving on the board of two compe ng organiza ons). Disclosure: It is generally required or advised to disclose any poten al conflicts of interest to relevant par es. Transparency helps mi gate the impact of these conflicts. Harassment is any unwanted behavior that makes someone feel in midated, humiliated, or distressed. It can occur in various se ngs, such as the workplace, schools, online, or in public places. Here are some key points about harassment: Forms: Harassment can be verbal, physical, or psychological. This includes unwelcome comments, gestures, touching, threats, or any other ac ons that create a hos le environment. LESSON 6 Lesson 7