Chapter 4, Problem 17DQ

Summary Introduction

To explain:

The situation of other organizations that have been accused of bribery.

Introduction:

The bribery allegations against the US retail giant was subject to much discussion all over the world, during the past few years. However, it is not only them that have been accused of bribery. There are a number of such other examples in the world of business. Key players in industries such as investment and securities, fashion and Information technology are among them. Such crimes are often been committed by organizations when coming into deals with foreign governments. Opening up new stores in foreign countries and avoiding customs regulations in such countries are some common instances where bribes are being paid to avoid hazels and to speed up the process.