Question
ABC Company Limited is a company established in Malaysia with its object of establishment as stipulated under the company's Memorandum and Article of Association, whereby
ABC Company Limited is a company established in Malaysia with its object of establishment as stipulated under the company's Memorandum and Article of Association, whereby the company are involved in the business of producing, manufacturing, importing and selling pharmaceutical items. Lately, the company is suffering from financial problems and is in debt of RM1.5 million. The CEO of ABC Company Limited, Mr Ali has managed to secure a contract with an International Pharmaceutical Company based in China, China Medicine Ltd. The terms of the agreement/ contract stipulate that by the end of Dec 2017, ABC Company Limited will be supplying and/or exporting pharmaceutical products amounting to RM20 million to China Medicine Ltd. Nonetheless, of the record, Mr Ali has to pay 5% of the revenues collected to one of the Director of China Medicine Ltd, Mr Micheal Chong as bribe since Mr Micheal Chong had secured the deal for Mr Ali. (a) Discuss whether Mr Ali's action of giving bribery is morally right based on the Consequential as well as based on the Non Consequential Theory and Virtue Ethics 60 m (b) Dicsuss critically the weakness of Utilitarian approach/ Cost benefit Analysis 30m (c) What would your advise to Mr Ali pertaining to this matter. 10m 100 Marks
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