Order ID:89JHGSJE83839 | Style:APA/MLA/Harvard/Chicago | Pages:5-10 |
Instructions:
The Foreign Corrupt Practices Act, or ACC 543, is a federal statute that prohibits foreign governments from engaging in
Assignment Content
Review the situation and complete the following exercise. This topic is also covered in Dynamic Business Law’s Ch. 6, “International and Comparative Law,” in the “Questions & Problems” section.
Former Lockheed President A. Carl Kotchian justified the company’s payment of bribery as follows in an interview published in The New York Times in February 1976:
It’s sometimes referred to as a gratuity. Some refer to these payments as dubious. Extortion is what some people call it. It’s known as grease to certain people. Bribery is what some people call it. These payments, in my opinion, are required for a product to be sold. I never had the impression that I was doing anything incorrectly.
Reinhard Siekaczek, a Siemens accountant who handled an annual budget for questionable payments totaling more than $50 million, claimed more than three decades later:
I never imagined I’d be imprisoned for my business….
We were under the impression that we had no choice but to go through with it. We’d ruin the business if we didn’t…. People will simply argue that Siemens was unlucky and violated the Eleventh Commandment. ‘Don’t get caught,’ says the Eleventh Commandment.
You’ve been hired to help ABC Multinational Company educate its employees about ethical business practices and company culture. Your responsibility, in relation to the Foreign Corrupt Practices Act, is to prevent situations like the one mentioned above.
To educate employees on the Foreign Corrupt Practices Act, create a handout, job aid, poster, or flier. Fill in the blanks for your instructional tool:
Explain the Foreign Corrupt Practices Act and what employees should know about it.
Give examples of violations of the Foreign Corrupt Practices Act.
Determine whether any company actions or red flags indicate possible Act violations.
Make a list of any penalties that may be imposed as a result of the violations.
Recommend taking steps to report any potential violations.
Describe the protections available to whistleblowers. What is their significance? What effect do the safeguards have on the Act?
Use sources to back up your claims.
RUBRIC |
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Excellent Quality 95-100%
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Introduction
45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Literature Support 91-84 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met. |
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Average Score 50-85% |
40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided. |
83-76 points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration. |
52-49 points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met. |
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Poor Quality 0-45% |
37-1 points The background and/or significance are missing. No search history information is provided. |
75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration. |
48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met |
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Foreign Corrupt Practices Act