BUS 302 Augusta State University Management Concepts Discussion
Description
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Many business leaders believe that engaging in global businessprovides opportunities to expand and stay competitive. As guidance onhow U.S. businesspeople should conduct themselves while working overseasthe Foreign Corrupt Practices Act was created in 1978. The law makes itillegal for employees of U.S. companies to make questionable ordubious contributions to political decision makers in foreign nations.
Imagine you are a CEO of a company and was informed your predecessorwas fired by the Board of Directors for underperforming. Even thoughthis is your first day on the job you are concerned you may fall undersimilar fate due to the phone call you just received from the VicePresident of Sales. The government in Iraq is preventing your shipmentof components to leave its country. You know without the parts yourcompany wont meet 1st quarter sales nor will you make next quarter.
Go to SEC Enforcement Actions: FCPA Cases found at http://www.sec.gov/spotlight/fcpa/fcpa-cases.shtmland read either the SEC Charges Stryker A Second Time for FCPAViolations or Legg Mason Charged With Violating the FCPA pressrelease. After viewing these cases do you think you, the new CEO, shouldpay a bribe to get the Iraq government to release your shipment to saveyour job and to meet the sales goals? Give a rationale for yourresponse.
Part 2: Respond to a Peer
Read a post by one of your peers and respond, making sure to extendthe conversation by asking questions, offering rich ideas, or sharingpersonal connections.
