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The Ethics of Gift-Giving in the Corporate World
Ethical conduct is an essential element of contemporary business practices. A failure to
comply with ethical standards on the part of individuals can result in termination, while a failure
on the part of corporations to conform to basic standards of ethical business practices can lead to
financial and potential legal consequences. For the most part, ethical expectations and practices
are simple and straight-forward. However, in a few cases defining the question of what is the
ethically correct way to proceed is a challenge. Gift-giving is a prime example. While gift-giving
practices are often a standard part of corporate life, at times they can be viewed as unethical,
