ColemanWeek 2 Discussion 3COLLAPSEBribes are immoral because the market is no longer competitive...

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ColemanWeek 2 Discussion 3COLLAPSEBribes are immoral because the market is no longer competitive once a bribe is accepted.It can create a monopoly on prices and a lower quality of work.Most bribes are made in cash and are not transparent.There are situations when bribes are made in the form of lavish vacations,dinners and many other material items and these are transparent but are still considered bribes but are harder to prove in a court system.

Azra S · Accepted Answer

Bribes undermine ethics
Bribes definitely stand for immoral behaviour but they can cause greater harm than just creating monopoly and making the market uncompetitive. If bribery becomes common, it starts being viewed as a ‘way to do business’. When such an attitude becomes normal, unethical practices start dominating the market and the entire business atmosphere gets corrupted.
In spite of all its evils, bribery is difficult to root out.

ColemanWeek 2 Discussion 3COLLAPSE Bribes are immoral because the market is no longer competitive once a bribe is accepted.It can create a monopoly on prices and a lower quality of work. Most bribes...

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