Mgt 4478

Hill, C.W.L. & Hult, G.T.M. (2016). Global Business Today. (9th ed.). New York, NY: McGraw-Hill Education.

Author Scott Nette clearly explains that in July 2007, Anthony Tesvich, Melissa Tesvich, James P. Robinson and Ronald K. Jonston was Investigated, charged and convicted on the Foreign Corrupt Act. “The Foreign Corrupt Act States that it is illegal for an US person, entity and certain applicable foreign entity to make and/or accept bribes or offer any inducement for the purpose of obtaining or retaining business with an US firm.” – Scott Nette

International business meshes across multiple domains most notably market entry strategies and sociocultural variances. Factoring in those two critical aspects and giving them the right amount of attention is the separating line between success and failure. Terralumen, Blue Ridge, and Delta are all successful companies; However, by not observing the basic requirements of

In the summer of 2007, the media announced that the arms company BAE which is a British defense firm, secretly paid more than $2 billion in bribes for over 20 years to a member of the Saudi Arabia royal family, the Prince Bandar. The Prince had provided one of the biggest weapons contract with Britain; Saudi Arabia was purchasing warplanes, spare parts, and training for Saudi pilots. After they found that BAE was paying bribes to the Prince, some of the payments were channeled by an ambassador through a United States bank. After that, the British Fraud Office started investigating these transactions. Consequently, the Prime Minister Tony Blair gave the order to put an end to the investigation for “national security” reasons. It is worth to mention that the contracts are still valid nowadays, and the 10-15 commissions of agents are distributed between head of state, generals, and their friends.

At the end of the day, BP was held accountable for the way they handle the spill. I agree James, with BP being a multi-million dollar organization, you would think that they would hired expert

Bribes given to the government are common in underdeveloped countries where the government is corrupt as this is an example of a corrupt practice. All levels of government from federal down to local have been caught in some sort of

* Due to changes in life styles and time management in families packaged and processed foods are used more frequently.

British Petroleum (BP) has been operating in the United States for decades. They have required most of their refineries through acquisitions in the med the 1900’s, which helped them to become one of the leading oil producers in the world. The acquisition of the Prudhoe Bay, Alaska refineries produces more than five percent of America’s oil. Therefore, it guaranteed BP’s economic goals by continuing producing oil in the United States. However as soon as 2001 through investigations, BP started having severe safety issues, in addition to this, by 2005 started a chain of unethical operational and maintenance safety hazards that lead to deaths, injuries, environment and ecosystem disaster in Texas, Alaska, and in the Gulf of Mexico. In early 2006 over 265,000 gallons of oil leak was one of the most dangerous pipeline leaks in history. This paper will discuss the case of BP’s unethical sadistic negligent and environmental behaviors that lead to billions of dollars in fines for failure to act and operate in accordance to the safety laws.

Technological advancement has made globalization an inevitable factor that businesses of the future will need to consider in order to be successful. Increasingly, companies that have been solely domestic are branching out internationally for a wide variety of reasons, but in the end, it’s all about making profits from previously inaccessible market segments. The scaling is vast: international businesses can be as small as a stay at home mother that just created a Limited Liability Corporation to sell a unique product to the world, to an already established international businesses conglomerate with offices across the globe.

Cavusgil, S. Tamer, Knight, G and Riesenberger, JR 2008, International Business: Strategy, Management and the New Realties, 1st edition, Prentice Hall, New Jersey.

So, I think that Hamlliburton did the right thing to investigate the process they where having and find out what was really happening with Nigeria, Tesler and Stanley. This incident might have low profits to Kellogs and Halliburton so I think that making notice to all the people in both countries will help them to sustain themselves and start again. And show that the culpability was for those corrupt persons only.

Halliburton Energy Service is a group of individuals whose aim is “to deliver a customer experience second to none, as globally competitive, creative, and ethical thought-leaders.” They achieve these objectives by working together and designing solutions to maximize asset value for their clients. Their main goal as an organization is to recognize what they do, why they do it, and for whom. While their vision characterizes what they seek to be and gives them a picture of what achievement will resemble. Their qualities are their corporate DNA, the establishment for how they relate with each other, and

KBR was subsidiary of Halliburton at that time. Jones said that 38 women have contacted similar experiences while working as contractors in Iraq, Kuwait and other countries. On September 15, 2009, the 5th Circuit Court of Appeals decided for Halliburton, in a 2 to 1 decision and observed that her asserted wounds were not, truth be told, in any way related to her employment and thus, not covered by the contract. This choice effectively meant that the mandatory intervention condition in her agreement. These occurrences have spoiled people in general impression of Halliburton, with a consumer study rating it as the 5th least reputable company in America.

oe C. W. L Hill, International Business: Competing in the Global Marketplace, 3d Edition, McGraw Hill.

Nigeria is known for having a long, complicated and tragic history. Since achieving independence in 1960, Nigeria has struggled to stabilize its government. Nigeria’s history is studded with military coups and corruption. The rule of numerous coups, which have occurred relatively close together over a span of about twenty nine years, make it extremely difficult for a stable form of democratic government to be created. Instead of a true democracy, Nigeria suffers under a kleptocratic government. Nigeria’s corrupt form of government consistently takes from its people for their own reward. Another factor of government instability, is that Nigeria is a state comprised without regard to the nations within its borders. The people of Nigeria