Conducting business globally exposes u.s. companies

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What is meant by the statement, "Conducting business globally exposes U.S. companies to an environment involving bribery that they are not exposed to in the United States?"

Beyond the question above, consider the following: Not having the ability to use bribery as a tool of doing business has been costly for American companies. According to a U.S. Commerce Department report, competition for 47 contracts worth $18 billion may have been affected by bribes that foreign firms paid to foreign officials. Because U.S. companies would not participate, the department estimates that at least eight of those contracts, worth $3 billion, were lost to them

Submit a two page position paper with two references to either defend or disagree with the position within our country to not engage in bribery internationally

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Reference no: EM13748792

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