Illegal means to secure valuable foreign contracts-resources

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Reference no: EM131372438

Bribery and corruption are common in some countries, and for people in those countries, they are a normal part of doing business. U.S. law bans any U.S. company from paying bribes to foreign officials or taking any steps to use illegal means to secure valuable foreign contracts or resources.

1. Why does the United States adopt this ethical and legal stance if people in the country accept bribery as the norm?

2. What could U.S. companies do to help reduce the incidence of bribery in these countries and promote ethical business practices?

Reference no: EM131372438

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