ACC 543 Week 6 Assignment | University of Phoenix
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- 16 Aug 2022
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ACC 543 Week 6 Assignment | University of Phoenix
Assignment Content
1. Review the scenario and complete the activity below.
This scenario can also be found in the “Questions & Problems” section of
Ch. 6, “International and Comparative Law” in Dynamic Business
Law.
In an interview
published by The New York Times in February 1976,
former Lockheed President A. Carl Kotchian defended the payment of bribes by
the company as follows:
“Some call it
gratuities. Some call them questionable payments. Some call it extortion. Some
call it grease. Some call it bribery. I look at these payments as necessary to
sell a product. I never felt I was doing anything wrong.”
More than 30 years
later, Reinhard Siekaczek, an accountant employed by Siemens who oversaw an
annual budget for questionable payments in excess of $50 million, stated:
“I never thought I
would go to jail for my company. …We thought we had to do it. Otherwise, we
would ruin the company. …People will only say about Siemens that they were
unlucky and that they broke the Eleventh Commandment. The Eleventh Commandment
is, ‘Don’t get caught.’”
You have been hired
to assist ABC Multinational Company to help educate employees on ethical
practices and corporate culture. More specifically, related to the Foreign
Corrupt Practices Act, your role is to prevent situations described in the
above scenario.
Create either a handout, job-aid, poster, or flier to educate
employees on the Foreign Corrupt Practice Act. Complete the following for your
educational tool:
o Explain what the
employees should know regarding the Foreign Corrupt Practices Act.
o Provide examples of
Foreign Corrupt Practices Act violations.
o Identify company
actions or red flags that might indicate violations of the Act.
o List any
consequences of the violations.
o Recommend actions
to report possible violations.
o Describe
protections for whistleblowers. Why are they important? How do the protections
impact the Act?
Cite references to support your assignment.
Format your citations according to APA guidelines.
Submit your assignment.
Resources
o Center for Writing Excellence
o Reference and Citation Generator
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