ACC 543 Week 6 Assignment | University of Phoenix
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ACC 543 Week 6 Assignment | University of Phoenix
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:
·
Explain what the
employees should know regarding the Foreign Corrupt Practices Act.
·
Provide examples of
Foreign Corrupt Practices Act violations.
·
Identify company
actions or red flags that might indicate violations of the Act.
·
List any consequences
of the violations.
·
Recommend actions to
report possible violations.
·
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
·
Center for Writing Excellence
·
Reference and Citation Generator
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