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1. We know that many companies do business around the world, and may encounter many different cultures, norms, and legal structures as a result. How should a company conduct itself when foreign laws and/or norms are different than U.S. laws? For example, bribery may be an acceptable business practice in some countries, even though it is illegal here in the U.S. How do you think this type of situation should be handled?
2.Monday – Kick off Topic 2: Kickback Schemes
Class….. Let me get us started:
Kickback schemes – consist of undisclosed payments made by vendors to employees of purchasing companies.
QUESTION 1: Offering a payment can constitute a bribe, even if the illegal payment is never actually made. Why?
I look forward to everyone’s active participation this week!
Make sure that you cite your references and use quotations if necessary. Try to paraphrase as much as you can.
3.Tuesday – Overbilling Schemes
Class….. Great topic this week to get us started.
Overbilling schemes
QUESTION 1: What is the common ingredient shared by the four classifications of corruption?
QUESTION 2: What is the difference between official bribery and commercial bribery?
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