Review the scenario and complete the activity beneath. This scenario can be present in the “Questions & Issues” part of Ch. 6, “Worldwide and Comparative Legislation” in Dynamic Enterprise Legislation.
In an interview revealed by The New York Instances in February 1976, former Lockheed President A. Carl Kotchian defended the fee of bribes by the firm as follows:
“Some name it gratuities. Some name them questionable funds. Some name it extortion. Some name it grease. Some name it bribery. I have a look at these funds as essential to promote a product. I by no means felt I used to be doing something improper.”
Greater than 30 years later, Reinhard Siekaczek, an accountant employed by Siemens who oversaw an annual funds for questionable funds in extra of $50 million, acknowledged:
“I by no means thought I might go to jail for my firm. …We thought we needed to do it. In any other case, we might destroy the firm. …Folks will solely say about Siemens that they have been unfortunate and that they broke the Eleventh Commandment. The Eleventh Commandment is, ‘Don’t get caught.’”
You’ve gotten been employed to help ABC Multinational Firm to Help educate workers on moral practices and company tradition. Extra particularly, associated to the Overseas Corrupt Practices Act, your function is to forestall conditions described in the above scenario.
Create both a handout, job-aid, poster, or flier to coach workers on the Overseas Corrupt Apply Act. Complete the following on your instructional device:
Clarify what the workers ought to know concerning the Overseas Corrupt Practices Act.
Present examples of Overseas Corrupt Practices Act violations.
Determine firm actions or purple flags which may point out violations of the Act.
Record any penalties of the violations.
Suggest actions to report potential violations.
Describe protections for whistleblowers. Why are they necessary? How do the protections affect the Act?
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Complete the activity beneath after reviewing the scenario. This case can be present in Dynamic Enterprise Legislation’s Ch. 6, “Worldwide and Comparative Legislation,” below the “Questions & Issues” part.
Former Lockheed President A. Carl Kotchian defended the firm’s fee of bribes in an interview revealed in The New York Instances in February 1976:
“It is known as gratuities by some.” Some name them questionable funds. Some name it extortion. Some name it grease. Some name it bribery. I have a look at these funds as essential to promote a product. I by no means felt I used to be doing something improper.”
Greater than 30 years later, Reinhard Siekaczek, an accountant employed by Siemens who oversaw an annual funds for questionable funds in extra of $50 million, acknowledged:
“I
