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The 100 Million Dollar Decision Imagine that you are the CEO of a computer chip company. Your company is planning to expand into a country

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The 100 Million Dollar Decision Imagine that you are the CEO of a computer chip company. Your company is planning to expand into a country where bribe-taking is considered a normal part of doing business. Initial research indicates that Utopia is likely to develop into a huge market for your products. However, buying decisions are made on a city-by-city basis and research shows that a 'payoff to government officials in each district is usually required to get licenses approved. You wonder how other companies get around this problem so you arrange for an urgent meeting with your managers who respond "We believe most other companies contract with agents to represent them in Utopia in order to get the licenses. What these contractors do is their own business. This allows CEOs to sign a statement required by law saying that they do not know of any bribes for their business." The CFO senses you are unhappy with this answer so adds, "It will be huge not to do business in all countries expecting a payoff. Utopia alone represents $100 million in business per year. It is a major opportunity for us. What will we really lose if our local contractors are forced to make a payoff every now and then?" You want your company to succeed and you want to maximize shareholder value. You have made a big effort to build a corporate culture characterized by growth, innovation, honesty, teamwork, and respect for individuals. As a result, your company enjoys an excellent reputation among customers and suppliers, employee morale is high and ethics are a priority. Questions: Who are the key stakeholders affected by this situation? Are there conflicts of interest between the different stakeholder groups

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