Bribery violates business ethics, leads to legal risks, and damages reputation.
Bribery is one of the most classic examples of unethical behavior in business. It involves offering incentives to gain an unfair advantage, which is illegal and can lead to severe consequences such as legal risks and a tarnished reputation.
Engaging in bribery violates not just local laws but also international regulations like the Foreign Corrupt Practices Act (FCPA). Companies involved in bribery may harm local interests, promote corruption, and face public relations crises.
It is clear that bribery goes against the Policy on Business Ethics and is a practice that must be avoided to maintain integrity and legality in the corporate world.
https://brainly.com/question/33094163