Explain And Justify The Factors That May Have Influenced This

Siemens’ Unethical ActionsName:Institutional affiliation Siemens’ Unethical ActionsIntroductionBribery is a form of corruption that involves the payment of money or gifts to an official in return for favors. Bribery exists in many countries but widespread in developing countries such as in the Latin America region, Sub-Saharan Africa, the Middle East, Asia and Eastern Europe. Companies pay bribes to state officials to obtain or to hasten the preparation of permits of operation. Some companies pay bribes and kickbacks to top executives to win tenders over their competitors. Finally, companies pay bribes to quality control officials to allow substandard products, services, and operations. Bribery is illegal in most countries. However, some countries lack the political goodwill to prevent the crime. Therefore, paying bribes becomes normal. Siemens AG was found guilty of widespread bribery leading to the heaviest fines at that time. This document analyses the ethical dilemma in the Siemens’ case. Information about the case Siemens AG is a German multinational corporation whose headquarters are based in Berlin and Munich. The company was founded by Werner von Siemens and Johann Georg Halske and operates in the electronics, industrial automation, energy, Healthcare and Infrastructure & Cities. Together with its subsidiaries,