For many large, global companies that do business in emerging market countries, the risk of corruption is a part of everyday life.  Without bribing public officials in those countries, these companies could never build a factory, hire employees, get permission to build infrastructure, sell their products, or conduct other business functions.  Shipping merchandise and other items in or out of these countries can be equally difficult, with customs agents in these countries demanding unofficial or “grease” payments to allow shipments to be made. If you worked for one of these global companies, how would you respond to being asked by a senior executive to pay a bribe to a foreign government official to obtain or retain business? Are bribes and “grease” payments a necessary part of doing business abroad and what can be done to lessen the risk?

Organized criminals who have long trafficked drugs are diversifying into humdrum areas of commerce—particularly food, booze and cheap consumer goods. For example, some 22 tons of long-grain rice being sold as pricier Basmati were recently seized as part of an operation led by Interpol and Europol, respectively the world’s and Europe’s police agencies. In Worthing, in Sussex, England, trading standards officers spotted nearly 2,500 jars of honey that contained nothing but sugar syrup. Another scam, involving substituting a cheap species of white fish for a pricey one, is hard to spot once the fish has been flaked, breaded and fried. Others dilute expensive olive oil with low-cost soybean oil. Criminals even sell counterfeit washing powder. This brand of crime is growing. In 2007, the Food Standards Agency set up a food-fraud database. That year it received 49 reports of food fraud. In 2013, it received 1,538. The scale and organization required to produce fake food points to criminal…

https://digitallibrary.un.org/record/657519/files/Promoting_confidence_electronic.pdf The reading, “Building Trust in Electronic Commerce: Legal Issues in the International Use of Electronic Signature and Authentication Methods,” and answer the following: Mention the four (4) main methods of electronic signature and authentication.Explain what each of these methods consists of. You can search the index located on page 19 of the reading to search for these topics.Mention and explain the three (3) technological approaches to the legislative texts, found in the reading, that deal with signature and authentication technologies.

Explain how a company can fail when the safeguards that should be in place fail.

According to the course text, the United States has employed a worldwide system of taxation for the past 100 years. The Tax Cuts and Jobs Act (TCJA) upended this system. imagine you are an Intomational tax consultant advising a client on the impact of PL 115 97, the law known as the Tax Cuts and Jobs Act on the taxation of a controlled foreign corporation (CFC) Analyze two changes to CFCs and advise your client on the actions necessary to reduce current and future tax lobility as a result of these charges Create a scenario reflecting the taxation under the prior tax and current law to support your recommendations

Which of the following are accurate statements about corruption in the global business environment?     Responses Foreign companies that do business with the US Government are not subject to the Foreign Corrupt Practices Act. Foreign companies that do business with the US Government are not subject to the Foreign Corrupt Practices Act. In the United States companies must abide by the Foreign Corrupt Practices Act. In the United States companies must abide by the Foreign Corrupt Practices Act. Corruption is considered illegal and unethical in every country. Corruption is considered illegal and unethical in every country. Every country now enforces strict laws that govern and prevent bribery and corruption.

Briefly explain each of the three main methods companies use to manage political risk.

The Business Establishment in Lebanon is a legal entity capable of:     Owning properties.     Opening a bank account.     Having a nationality.     None of the above.

The Foreign Corrupt Practices Act (FCPA) prohibits U.S. businesses from paying bribes openly or using a middlemen as conduits for a bribe True or False

Should the U.S. Government allow companies to use offshore companies to use offshore outsourcing if qualified U.S. citizens are willing to do a job?  Should the government regulate the amount that can be outsourced by a company?  Why or why not?