Answer 5: Siemens Bribery Scandal

If I were a manager at Siemens and learned that there was bribery I would move right away to
handle the situation and stop any additional criminal activity. The steps I would take are as foll

 First of all, I would bring the problem to the attention of the relevant corporate
departments, to ensure that the problem is addressed effectively and ethically.
 Then I would undertake an internal investigation, so that I could identify the underlying
source of the problem and create a plan of action with the aid of this inquiry.
 Take corrective action: Based on the findings of the investigation, I would take
corrective action to address the issue. By taking legal action against those involved in
the illegal activity. I would also review and strengthen the company's internal controls
and processes to prevent similar incidents from occurring in the future.
 Communicate with stakeholders: I would communicate with stakeholders which will
help to maintain transparency and trust in the company.
 Finally, I would ensure that the company operates with all applicable laws and
regulations.