Explain how culture interacts with the acceptability

Assignment Help Business Management
Reference no: EM13867018

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: EM13867018

Questions Cloud

Annapolis corporation''s statement of cash flows : Annapolis Corporation paid $270,000 to retire bonds with a face value of $300,000 and a book value of $290,000.
A simultaneous investing and financing transaction : Lime Corporation participated in a simultaneous investing and financing transaction where it acquired a building costing $50,000 by issuing common stock.
Do you believe that one size fits all with respect : Do you believe that one size fits all with respect to corporate governance provisions in different countries around the world?
How many ways can prashad list his course choices : He must choose four of the six courses available in his major discipline and three of the four courses offered in related subjects - In how many ways can Prashad list his course choices? Explain the reasoning for your answer.
Explain how culture interacts with the acceptability : 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 th..
Compute lemon company''s interest paid : Given the following information, compute Lemon Company's interest paid.
Which are key elements of professions : 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 of professions Explain what you believe this statement means.
Should the company do more to monetize its traffic : What should foursquare do? Should the company do more to monetize its traffic? How important is growth to the company
Compute peach company''s income taxes paid : Given the following information, compute Peach Company's income taxes paid.

Reviews

Write a Review

Business Management Questions & Answers

  Most influential external environment factor

Determine what you believe to be the most influential external environment factor shaping organizational culture for managers and business leaders in the 21st century.

  Global business management - explained

What obstacles would a CMO potentially encounter in the process of implementing a global business plan

  Identify a non-global company

Identify a non-global company - Select a market entry strategy and create a 3-4 page description of how you would enter a specific global market using your chosen entry strategy.

  Explain what specific communication techniques

Explain What specific communication techniques from the text should this group begin to incorporate into their activities

  Generate positive publicity for your organization

Describe the mix of media you would use to implement your public relations campaign and explain in detail your objectives for each media form.

  What is apparent authority

The warranties Ambika makes are usual in the trade, Tekla knows this, and Tekla knows nothing about the limitation on Ambika's authority. Did Ambika have indirect authority to bind Penelope here? What about apparent authority?

  Two major corporations a fit for environmentally

two major corporations a fit for environmentally conscious?research the websites of two major corporations in different

  How you could pursue legal action

how you could pursue legal action if an international business committed copyright infringements or stolen your patent.

  Examine how communication strategies work in conjunction

Examine how communication strategies work in conjunction with reference groups. Select two different reference groups, and determine whether reference group communication assists or inhibits the consumption process.

  Ratio of the sales revenue of firm to total sales revenue

The ratio of the sales revenue of the firm to the total sales revenue of all firms in the industry, including the firm itself, is known as

  What is organization theory

What did the Hawthorne experiments report and What is organization theory

  Hy is it important from an auditing perspective

Why is it important from an auditing perspective that an auditor be required to adjust the financial statement amounts for some material subsequent events? If an auditor fails to live up to this standard, what is the potential liability exposure for ..

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