It is an act wherein an individual in order to be benefitted by any other individual or to get any favor done gifts something to that individual. Bribery, a form of pecuniary corruption, is an act implying money or gift given that alters the behavior of the recipient. Bribery accounts for crime, no matter in what circumstance it is given. Corruption and bribery goes hand in hand, corruption has social and economic consequences on people and business around the globe. Corruption has been considered evil by people everywhere in the world. Most are given to public officials to make them change the rules or break the laws that were made for the common good. We can take examples from our daily lives, when we are caught without license, the first thing we do is pay bribe to the police officer so that he may let us go. Bribe may be given in two cases, one is given when we want the authority to change the rules all together and the other is when we want to expedite the process. In the movie as well we see the Bud Fox in order to park money of Gekko into the accounts of his friends offers them incentives. In the book, "the economist" a mention of a very important point is made, that people act as per incentives. Thus, in order to meet his ends Fox induces his friends to be accomplice in the process.
first of all i would like to appreciate your efforts for providing the students as well as professionals with such valuable information.
i have completed my bachelors in commerce with specialization in costing from symbiosis this year and i have also received an offer letter from one of the top 70 business schools in the world for a Msc in strategic management and planning. My query is should i opt for this course as a substitute to mba for entering into the field of strategic consultancy and do the big companies consider this course. i have no work experience.
I realized we needed to assess overall awareness of information security at CPS and to discover areas where this understanding could be improved. I collaborated with our Information Technology staff to volunteer to work on online surveys. We got positive results and a 900-strong organization was conversant with basic ISMS requirements and was aware of the corrective and preventive actions that a confidentiality breach entailed. Since each member was involved in multiple projects, motivating them to schedule their regular tasks around ISMS demands was challenging. On unfamiliar terrain and with a tight deadline we were required to work seamlessly. One of the ways, I motivated my team was to ask them to take a step back and look at the bigger picture. In January 2009, we were accredited by Organization XYZ for Information security management standard ISO 27001:2005. With this we became India’s first Pharmaceutical business to get this certification, a definitive competitive advantage. Our team was honored with “Best Teamwork” award at the annual awards ceremony.