Homework: Insight Paper Business Management
Insight Papers are short, 2 to 3 pages, writing homework designed to keep you actively writing about your ideas in relation to the readings in Business and Society. In them you will address the topics introduced in the chapters and write about aspects of the text that interest you the most. You will use writing homework as the basis of conversations in discussion boards. Use your critical thinking skills to answer questions comprehensively.
Prompt: Categorize the following as a facilitating payment (grease payment), a bribe or neither of these under the Foreign Corrupt Practices Act. Explain why they chose a certain answer.
Jane Jones, who works for XYZ Corporation (a U.S. publicly-traded company), has documents that she needs to clear customs in order to make it to an important business meeting on time. She decides to pay the customs official $500 in order to move to the front of the line.
Same facts as above, but Jane decides to pay the customs official $5000.
Jane gives a steel letter opener with XYZ Corporation imprinted on it to a foreign government official as a gift.
The country where a major foreign client is based was recently hit by a devastating earthquake. Competitors of XYZ Corporation are donating approximately $150,000 each to foreign relief efforts. XYZ Corporation also decides to donate a similar amount.
Weekly Insights Paper
What would you do? How would you handle the situation? What administrative mechanisms will you need to remedy the situation? What laws would you violate or call into question if you do not follow policy and procedure? What biases do you have that may complicate the situation? Specifically, regarding this situation, how do you mitigate inherent biases in the business profession? What specific support systems are in place in your organization to help you as an professional deal with the emotional challenges persistent dealing with this specific situation? Are there other organizations or resources you can utilize to provide information or support regarding this situation? (2-3 pages)
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.