BUS207 Unit 4 Paper

BUS207 Unit 4 Paper - BUS207 UNIT 4 PAPER 1 BUS207 Unit 4...

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BUS207 UNIT 4 PAPER 1 BUS207 Unit 4 Paper Elizabeth Pearson Dr. Laura Pogue BUS207-0904B-31
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BUS207 UNIT 4 PAPER 2 Geletex Incorporated Based on the Ethics in International Business activity, Jed has a situation with the Lima, Peru office where they are overpaying their customers. Instead of paying them on an hourly rate, they are paying them per commission they make for recruiting customers in selling cellular and long-distance services. Jed, from past experiences, knows that by paying on commission the salespeople are getting paid to give kickbacks, or bribing the customers, in exchange for them signing contracts with them. By doing this, the salespeople are making more than an average hourly paid rate person. Another thing that is going on is that the Lima, Peru agency is violating the FCPA, or the Foreign Corrupt Practices Act. The Foreign Corrupt Practices Act, or FCPA, is an act from 1977. The FCPA is a United States ruling that is mainly identified for two parts of its key necessities. ( http://www.justice.gov/ criminal/fraud/docs/statute.html ) The foremost obligation addresses office intelligibility necessities below the Security Exchange Act of 1934. The next commitment concerns bribery of unfamiliar officials. The Foreign Corrupt Practices Act is also known at the same time as an anti- bribery provision. The anti-bribery requirements prohibitions of the FCPA are issuers, conjugal concerns,
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This note was uploaded on 06/01/2010 for the course BUS 207 taught by Professor Dr.laurapogue during the Winter '09 term at AIU Online.

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BUS207 Unit 4 Paper - BUS207 UNIT 4 PAPER 1 BUS207 Unit 4...

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