Foreign Corrupt Practices Act

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Reference no: EM133979039

Question

You are a CSR Director of XYZ Corporation and you are requested by the CEO of the Company to report your views and thoughts on the following issues. You are required to prepare a 3-Slide PPT Presentation to be virtually presented to the CEO of XYZ Corporation.

You have to categorize the following as a facilitating payment (grease payment), a bribe or neither of these under the Foreign Corrupt Practices Act. You should explain why you chose a certain answer.

1. Jane Jones, who works for XYZ Corporation (a Canadian publicly traded company), has documents that she needs to clear customs in order to make it to an important business meeting on time. She decides to pay the customs official $500 in order to move to the front of the line.

2. Same facts as above, but Jane decides to pay the customs official $5,000.

3. Jane gives a steel letter opener with XYZ Corporation imprinted on it to a foreign government official as a gift.

4. The country where a major foreign client is based was recently hit by a devastating earthquake. Competitors of XYZ Corporation are donating approximately $150,000 each to foreign relief efforts. XYZ Corporation also decides to donate a similar amount.

Reference no: EM133979039

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