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International Business

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See the Multimedia activity on Ethics in International Business. Then read the case study about Geletx and Jed's concerns about the office in Lima, Peru. Research the Foreign Corrupt Practices Act (FCPA) and then discuss whether this situation would be a violation of FAPA. What do you think that Jed should do?

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See the Multimedia activity on Ethics in International Business. Then read the case study about Geletx and Jed's concerns about the office in Lima, Peru. Research the Foreign Corrupt Practices Act (FCPA) and then discuss whether this situation would be a violation of FAPA. What do you think that Jed should do?

The Foreign Corrupt Practices Act (FCPA) disallows payment to a foreign official, foreign political pary, or candidate for political office, for the purpose of influencing any act of the foreign official in violation of the duty of that official, or to secure any advantage in order to obtain or retain business. The provisions of Foreign Corrupt Practices Act (FCPA) cover not only the companies that are incorporated in the USA but also individuals.
In other words it means that Geletex is covered by the provisions of Foreign Corrupt Practices Act (FCPA) and Jed is also covered by the provisions of Foreign Corrupt Practices Act (FCPA). The decision that Jed has to take is clear. He has to ...

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