Essay about Anti-bribery laws in the U.S Ethics and...

International business is risky especially when companies involved play by a different set of rules. Knowing the differences in culture, politics and the primary legal environments of a host country, allows the companies to conduct business and make quality decisions based on the business climate, creating a marketing mix specific to each country and region (CSU, module 3, 2014). Detailed research helps companies create a solid marketing mix, but does not guarantee that the obstacles of payoff’s and bribery won’t hinder the outcome. Below the surface level of many sales negotiations, like those seen in our case study of Boeing and Airbus, are driven not on their marketing mix, quality, reputation or reach, but rather on power, bribery,†¦show more content†¦What is legal in one country might not be in another. Greasing the wheels in Latin American countries is common practice to move government paperwork through faster or gifting officials helps expedite a b usiness through red tape (Cateora, Gilly Graham, 2013). Gifting or bribery is never legal in the United States and this puts the U.S. at a disadvantage against our competitors who’s illegal behavior in the U.S. is legal elsewhere. Airbus develops sales tactics to coheres buyers or political figures with large cash bribes, offering buyers business opportunities that are more appealing than Boeing’s. Multi-million dollar payoffs or bribes can change the course of a buyer’s original business intentions which could lead to the loss of sales and profit for companies like Boeing who follow the legal rules. Accounting for country rules, politics and customs that allow corrupt business practices, the U.S. finds itself at a disadvantage competing for the same business with companies like Airbus who can adapt, navigate and develop sales tactics which involve personal payoffs. Airbus Response Over the years, Airbus’ unethical business tactics have come to light. As a result, many people questionShow MoreRelatedThe Walt Disney Company and Disney Management25371 Words   |  102 PagesO UTL I N E O F CASES 2-1 The Not-So-Wonderful World of EuroDisney— Things Are Better Now at Disneyland Resort Paris 2-2 Cultural Norms, Fair Lovely, and Advertising 2-3 Starnes-Brenner Machine Tool Company: To Bribe or Not to Bribe? 2-4 Ethics and Airbus 2-5 Coping with Corruption in Trading with China 2-6 When International Buyers and Sellers Disagree 2-7 McDonald’s and Obesity 2-8 Ultrasound Machines, India, China, and a Skewed Sex Ratio CASE 2ïš º1 The Not-So-Wonderful World of BONJOUR,Read MoreInternational Management67196 Words   |  269 Pagescountries saw their economies stagnate or decline. The global political environment remains volatile and uncertain, with ongoing conflicts in the Middle East and Africa and continuing tensions in Iran, North Korea, Iraq, and Afghanistan, especially as the U.S. role in these latter two countries evolves. On the economic front, failure to conclude important trade agreements, including the so-called â€Å"Development† Round of multilateral trade negotiations under the World Trade Organization, and the lagging supportRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 Pagesto adopt the new mass-production techniques. The next change in management thinking about car assembly occurred in Japan when Ohno Taiichi, a Toyota production engineer, pioneered the development of lean manufacturing in the 1960s after touring the U.S. plants of the Big Three car companies. The management phi losophy behind lean manufacturing is to continuously ï ¬ nd methods to improve the efï ¬ ciency of the production process in order to reduce costs, increase quality, and reduce car assembly time. LeanRead MoreMonsanto: Better Living Through Genetic Engineering96204 Words   |  385 Pagesethnic composition of the population Ageing of the population Ageing of the baby boomer generation Interest rates Inï ¬â€šation rates Savings rates Trade deï ¬ cits Budget deï ¬ cits Exchange rates Antitrust enforcement Tax policy changes Environmental protection laws Extent of regulation/deregulation Developing countries privatising state monopolies State-owned industries Increasing proportion of women in the workforce Awareness of health and ï ¬ tness issues Concern for the environment Concern for customers CurrencyRead MoreExploring Corporate Strategy - Case164366 Words   |  658 PagesNew Musical Express, commented in early 2004: The dance culture as a whole got lazy. It came to be perceived as one thing: this cheesy, superclub, larging-it lifestyle. . . . Dance music came from an underground culture and was about being edgy and anti-establishment. At the height of superclub-dom, a club would be  £25 to get in and be full of slightly-older people, glammed up and wearing crap labels. If you are young and want to be cool, you are not going to buy into that.5 For many aï ¬ cionados