Foreign corrupt practices act forbids

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Reference no: EM132110681

1. Suppose that you were hired at Career Day to become the marketing director for Campbell Soup’s developing ventures in the Japanese market. You know that there are significant cultural differences to consider, but believe that you are the right person for the job.

In beginning the meeting, you address one person who is your job contact, rather than determining which person is the ranking official. You also do not address your comments to the group. You talk about how your product will make your job contact stand out in his organization. Your behavior is in contrast with a strong cultural norm in Japan which is ________________.

collectivism

individualism

ethnocentricity

respect for personal accomplishment

2. In more successful approaches, Coca Cola has determined a related product need in a local market such as India, and opened bottling plants and provided for water purification. This type of move is likely to lead to a reduction in _____________ for the company’s products that are exported to the Indian market.

costs

tariffs

local content

local labor

3. While bribery is allowable and expected in some countries, the Foreign Corrupt Practices Act forbids it in the United States. Which term refers to payments, usually in small amounts, made to minor local officials to perform activities that are generally not illegal but with the goal of speeding up approvals or clearances.

a lubrication

b expropriation

c subornation

d confiscation

Reference no: EM132110681

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