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You are representing India in an international bidding for oil exploration in a country. Other, richer countries are also bidding for the project. You are sure that your bid of exploration is better as well as cheaper than that of others, and that you will definitely win the bid. A day before the auction, you come to know that other countries are employing every means, including bribing the authorities for being successful. Some of the officials of the home country have also contacted you and made some demands in exchange for assurance of India winning the bid. You are aware of the criticality of this bid in terms of domestic economic and strategic implications.  What will be your course of action in the above situation? Justify with merits and demerits.

Topic: Case study

7. You are representing India in an international bidding for oil exploration in a country. Other, richer countries are also bidding for the project. You are sure that your bid of exploration is better as well as cheaper than that of others, and that you will definitely win the bid. A day before the auction, you come to know that other countries are employing every means, including bribing the authorities for being successful. Some of the officials of the home country have also contacted you and made some demands in exchange for assurance of India winning the bid. You are aware of the criticality of this bid in terms of domestic economic and strategic implications.  What will be your course of action in the above situation? Justify with merits and demerits. (250 words)

Reference:  Ethics, Integrity and Aptitude

Why the question:

The question is premised on the concept of ethical dilemma.

Key Demand of the question:

Discuss the nuances in the case and present the right course of action according to you.

Structure of the answer:

Introduction:

Start with brief introduction of the case at hand.

Body:

The answer body must have the following aspects covered:

  • Identify the ethical dilemmas that you face.
  • Highlight the importance of ethical concerns in international transactions Vis a vis domestic interests.
  • Then mention the course of action that you would follow. Justify it by taking into account the merits and demerits of the decision.

Conclusion:

Conclude with fair and balanced solutions to the issues concerned.