Analyze the ethics of allowing facilitating payments

Assignment Help Management Theories
Reference no: EM131380138

Consider the practice of making "facilitating payments" to foreign officials and others as part of doing business abroad in the context of the following statement: International companies are confronted with a variety of decisions that create ethical dilemmas for the decision makers. "Right-wrong," "just-unjust" derive their meaning and true value from the attitudes of a given culture. Some ethical standards are culture-specific, and we should not be surprised to find that an act that is considered quite ethical in one culture may be looked upon with disregard in another.

Explain how culture interacts with the acceptability of making facilitating payments in a country.

Use Rights Theory and Justice reasoning to analyze the ethics of allowing facilitating payments such as under the FCPA in the U.S. and prohibiting them as under the U.K. Bribery Act.

Reference no: EM131380138

Questions Cloud

What are the fundamental principles of professional ethics : What are the fundamental principles of professional ethics for professional accountants identified by the IESBA and included in the IFAC Code of Ethics?
Which are key elements of professions : In commenting on the principles-based approach used in these codes, the ICAEW states that a principles approach "focuses on the spirit of the guidance and encourage responsibility and the exercise of professional judgment, which are key elements o..
Choose a database application from the following : Choose a database application from the following:An appropriate database environment within your workplace.An Art Museum that needs to track the artwork, artists, and locations where the art is displayed or stored within the museum.A similar environm..
What can these statistics tell you about the company’s sales : At a recent sales meeting, one of the staff presented a histogram of the zip codes of the last 500 customers, so that the staff might understand where sales are coming from. Comment on the usefulness and appropriateness of the display.
Analyze the ethics of allowing facilitating payments : Use Rights Theory and Justice reasoning to analyze the ethics of allowing facilitating payments such as under the FCPA in the U.S. and prohibiting them as under the U.K. Bribery Act.
How legal and cultural factor influence corporate governance : Do you believe that "one size fits all" with respect to corporate governance provisions in different countries around the world? Why or why not?
Analyze the security mechanisms needed to protect the dms : Analyze the security mechanisms needed to protect the DMS systems from both state employees and users accessing over the Internet.Critique the transition process performed by the DMS in the case study. Then, recommend two (2) alternatives to the ..
Which summary statistics would you report for these data : Find the median, the IQR, the mean, and the standard deviation of these state averages.
Describe the different kinds of reserves : Describe the different kinds of reserves that can be recorded. How do the reserves relate to the discretionary accruals discussed?

Reviews

Write a Review

 

Management Theories Questions & Answers

  Individual responsibility in the american corporate system

John R. Boatright in "Individual Responsibility in the American Corporate System: Does Sarbanes-Oxley Strike the Right Balance?" argues that the primary purpose of laws governing corporate responsibility is deterrence.Do you agree with this interpret..

  Chief operating officer of evans financial corporation

On two occasions in 1980, Hodge met with Tilley, president and chief operating officer of Evans Financial Corporation, to discuss Hodge's possible employment by Evans.

  Satisfaction and motivation of students

Question 1: What are the different factors that contribute in the satisfaction and motivation of students?

  Relationship between entrepreneurism and entrepreneurship

1. Discuss the important relationship between entrepreneurism and entrepreneurship. 2. Through the course videos we discussed three types of establishments; salary substitute, lifestyle, and entrepreneurial. Compare and contrast these types and the..

  What is extent of jurisdiction of international court

What are the four new world order theories?- What are the criteria for a just war?- What is the extent of the jurisdiction of the International Court of Jus tice?

  Prepare four new entries for annotated bibliography

Prepare four new entries for annotated bibliography. Two entries should concern the key systems of your organization, two should provide information about the style of your organization.

  Enumerate three of the circumstances

Enumerate three of the circumstances when past consideration will be regarded as good and acceptable consideration.

  What are the quality costs when you hard drive crashes

Describe the concept of benchmarking. Provide and example of how a restaurant could use benchmarking to improve performance. Which company would be used as a benchmark organization for this restaurant?

  An environmentally conscious customer hires a contractor

An environmentally conscious customer hires a contractor

  Need the sensitivity diagram and analysis for the nature

Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own bike on 50-mile trip with his friends, but he believes that any small business should be started only if there is a good chance of making a profit..

  Discuss the history of the discipline

Discuss the history of the discipline.

  Discuss different types of leadership

Write an report of  harvard style 2500 words excluding  Referencing,  Discuss different types of leadership and how they influence the workplace attitudes and behaviors of followers.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd