What is the difference between a grease payment and a bribe

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Question 1: Why is it difficult to enforce the violation of international laws and customs against individual countries? List some reasons and explain.

Question 2: Now, consider the challenges of doing business in the international context. Let's take the example of a U.S. company that wants to do business internationally. Specifically, the U.S. company wants to form a joint contract with a company from China to export, import, and sell U.S. products in the local market in Shanghai, with local employees of the joint venture. What considerations come to mind?

Question 3: What is the difference between a grease payment and a bribe?

 

Reference no: EM133322371

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