Explain the penalties of noncompliance with the law

Assignment Help Business Law and Ethics
Reference no: EM131346817

Assignment

Joseph Ingle, an overseas sales manager, has been dealing with a serious issue that is affecting Axetem's foreign sales. Joseph has told Axetem's CEO, Brian Tobias, that his sales team seems to be at a distinct disadvantage in the local markets of several countries. This is because other local competitors are using monetary incentives, favors, and expensive gifts to persuade the purchasing managers at major companies in those countries to place their orders with them as opposed to Axetem. It is also despite the fact that Axetem's product lines are both competitively priced and also of better quality.

As a result, several of Joseph's salespeople are now putting pressure on him to arrange for gifts to the purchasing agents of these companies because this seems to be an accepted way of doing business in those cultures. Joseph has also told Mr. Tobias that, in some instances, there are not even specific laws addressing this issue in these countries.

Brian Tobias has asked you to complete the following task for him:

• Compose an e-mail to Joseph explaining the U.S. Foreign Corrupt Practices Act and its control objectives related to all transactions and accounts. Include any recent changes to the FCPA and provide examples of current cases involving the act.

• Also, explain the penalties of noncompliance with this law.

Reference no: EM131346817

Questions Cloud

How interest rates are determined and who sets these rates : How interest rates are determined. Who sets these rates? How are these rates determined? Where does one find these rates? How often do these rates change?
Describe the importance of project management : The four main elements of the project life cycle are defining, planning, executing and closing. Give an example of a task you performed on a project, either as a leader or team member, and identify what stage of the life cycle it was in and why. D..
Company issued new securities in the same proportion : Goodbye, Inc., recently issued new securities to finance a new TV show. The project cost $13.3 million, and the company paid $655,000 in flotation costs. If the company issued new securities in the same proportion as its target capital structure, wha..
Determine the temperature in the container : Determine The temperature in the container,- The mean free path between collisions and The collision frequency F.
Explain the penalties of noncompliance with the law : Joseph Ingle, an overseas sales manager, has been dealing with a serious issue that is affecting Axetem's foreign sales. Also, explain the penalties of noncompliance with this law.
List the conditions that are consistent : List the conditions (in terms of the elasticities or shapes of supply or demand curves) that are consistent with 100% pass-through of the taxes. Use graphs to illustrate your answer.
Determine the collision frequency and mean : Determine the collision frequency and mean free path for neon at 273 K and 0.113 MPa. The molecular mass of neon is 20.183 kg/kgmole.
Develop analysis of the techniques dr kallman has identified : Develop a three- to four-page analysis (excluding the title and reference pages), of the techniques Dr. Kallman has identified for managing risks.
Determine the number of oxygen molecules present : Determine The number of oxygen molecules present, The average molecular velocity, and The rms molecular velocity.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Develop standards for ethical conduct in form code of ethics

Develop standards for ethical and moral conduct in the form of a Code of Ethics. As part of this assignment, you will reflect upon your own ethical standards

  Does making child care costs deductible increase or decrease

How does making child care costs tax-deductible reduce the tax wedge associated with the fact that market work is taxed but home work is not?

  How long is each case retained

What information does it contain? How long is each case retained? Who can access the information? How can the information be accessed

  The u.s. trade deficit is a consequence of the unwillingness

The U.S. trade deficit is a consequence of the unwillingness of the current generation of American taxpayers to pay fully for the goods and services they want from government." Discuss this statement in your word (Minimum 250 words)

  What are the roles of the juvenile probation officer

What are nominal sanctions, juvenile and community-based corrections and custodial sanctions? Are nominal sanctions, juvenile and community-based corrections and custodial sanctions effective in reducing juvenile delinquency? Why or why not?

  Discuss about the affordable care act

Analyze at least two (2) new provisions to the Affordable Care Act. Interpret the implications of these new provisions for access to care for families. Appraise the inherent impact of at least (2) Affordable Care Act quality initiatives on quality..

  Summary of the jurisdiction

A summary of the jurisdiction (i.e., city, county, or state) and the portion of the criminal justice system your proposal is designed to address

  How could orders from this new commander to the unit cause

you are a counselor for a major metropolitan police force. your job is to interview persons who are referred to you by

  Each state provides a homestead exemption which permits a

each state provides a homestead exemption which permits a debtor to retain the family home either in its entirety or up

  Which of the following was inleoffv.

Which of the following was inLeoffv. S&J Land Co., the case in the text involving a land dispute and whether a partnership existed?

  Is there jurisdiction and discuss the standard of the court

Is there Jurisdiction?Look at the situations below and answer the question. Make sure to distinguish between subject matter and personal jurisdiction. Additionally, discuss the standard the court will use to determine whether jurisdiction exists.

  As the prevalence of social media continues to rise

as the prevalence of social media continues to rise consumers are recognizing ways in which social media can direct

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