After reading Chapter 2 of the text, please write a 4-5 page essay that addresses the following:
Lockheed has an interesting history that seemed innocent enough up until around the 1950s. You’ll note on p. 56 of Terri’s’ book that the company began to engage in some questionable sales strategies with other nations in an effort sell the F-104 Star-fighter so as to recoup costs when their US sales strategy failed.
Describe some of the unorthodox strategies covered by Terri’s during this era that made Lockheed become “…a byword for the shady practices of American multi-national corporations, and a major impetus for new legislation…”.
On the issue of overseas bribes, Terri’s asks the questions,
“Who was hurt by the? competitors of course, but what was unethical about beating out the competition that was playing by the same rules?” What do you think about a situation where underhanded and back door deals are the way the game is played if everybody is on the same playing field? That is to say, if everybody is playing by the same shady rules, is it unethical to compete?
