Bribery hits 85% for UK managers operating internationally
Differences in business culture require special awareness and attention to local customs that more often than expected cross legal norms. Bribery and corruption cost companies up to 5% of their annual revenue. This puts leaders into ethical dilemmas to decide whether to risk at being at a competitive disadvantage or engage in local practices that may go against ethical behaviour. Individual managers and organizations may not be equipped to resolve this situation.