In this assignment, apply what you have learned about political, legal, and regulatory environments to a situation you might encounter in the real world as a global marketer. Thoroughly discuss the topics below.
Topic Requirements: What is bribery?
What is the Foreign Corrupt Practices Act (FCPA)?
Imagine that you are an international marketer, and a foreign official has told you that a monetary "contribution" would greatly improve your chances of successfully closing a business deal. You must make a decision on the spot, and it is not possible to consult with anyone at your corporate headquarters. What would you do (pay the bribe, not pay the bribe, or would it depend on the situation)? Explain your decision and the factors you would consider in reaching your decision.
Content Requirements: Your response to each part of this assignment should be a minimum of one paragraph, for a total of three paragraphs.