ACCT 562 Week 5 B Findings and Reporting – Discussion
Corruption in a Global Economy (graded)
We know that many companies do business around the world, and may encounter many different cultures, norms, and legal structures as a result. How should a company conduct itself when foreign laws and/or norms are different than U.S. laws? For example, bribery may be an acceptable business practice in some countries, even though it is illegal here in the U.S. How do you think this type of situation should be handled? .
How should a company conduct itself when foreign laws and/or norms are different than U.S. laws? For example, bribery may be an acceptable business practice in some countries, even though it is illegal here in the U.S. How do you think this type of situation should be handled?
What are some of the organizations that help to fight this? Read here for more details:
What steps can businesses take to reduce their chances of being involved in corrupt global practices?
