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Act prohibit bribery in international business

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Reference no: EM131223756

Question:

The Foreign Corrupt Practices Act prohibits bribery in international business. Do you think that US companies are at a disadvantage as a result of the Foreign Corrupt Practices Act? Take a position and defend your opinion in 200 to 300 words.

REFERENCE

David, P. (2013). International logistics: The management of international trade operations (4th ed.). Berea, OH: Cicero Books.

Chapter 1: International Trade

Chapter 2: International Supply Chain Management

Chapter 3: International Infrastructure

Chapter 4: International Methods of Entry

Verified Expert

The paper is about the Foreign corrupt act is made in order to avoid any kind of bribery involved in the business. This is very important to do the business in ethical ways. Although the act is made to help the business in US so that the business perform in equality. This act states the bribe in any form be it cash or any other value is considered as offense.

Reference no: EM131223756

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