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Individual writing assignment Foreign forrupt act policies

Individual writing assignment Foreign forrupt act policies...

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Bus. 186 Winter Prof. Schubert 1/13/2009 Individual Writing Assignment “Foreign Corrupt Practices: How to Deal with Foreign Forms of Bribery” Summary of the Article This article written by Jeff Fadiman discusses the different types of foreign bribes in business, the reasons for them, and ways to deal with such offers. Fadiman suggests that turning ones back on all requests for payoffs is like committing commercial suicide. He recommends that Americans play along with the bribery game, but in a legal way. Many if not most non-Western countries practice some form of what Americans would call “bribery”. Fadiman gives 3 main reasons for why non-Western cultures partake in the act of bribery. The first reason is because many foreigners have large extended families that they must meet the needs of. These families include blood kin, immediate family, associations by marriage, as well as “fictional” kin that consist of would be “brothers”, “Uncles”, etc. The second reason is the promise of future favors that in turn build relationships. The third reason is to seek security, protection, and patronage, all which come from creating relationships with people in powerful positions. Fadiman further explains how bribery is just a game with many different players. In this game you have the players, non-players , and future players . These players are made up of three very distinct and important groups that Fadiman calls clerks, officials, and executives . Each of these groups has their own set of standards and practices that they must follow in order to conceal bribes. Fadiman goes on to explain the different ways in which the groups “play the game” and explains how the bribes are collected and the forms which they are paid in.
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