Chapter 4, Problem 16DQ

Summary Introduction

To explain:

Other possible actions that could have been taken by the officials of the company in the USA and subsidiaries abroad.

Introduction:

Although no company admits openly, it is a known fact that huge amounts of money are being offered as bribes by multinational companies when dealing with foreign governments. Bribes are often being given to speed up processes in foreign countries, especially when setting up initially. The world retail giant mentioned is also being accused of such bribery in setting up new stores in Mexico. It is important to know how the issue could have been dealt better, as such issues tarnish the goodwill built over the years with much effort and resources.