Describe Ethical Issues Faced By American Countries - 825 Words

Research And Describe Ethical Issues Faced By American Countries (Coursework Sample) Content: Ethical Issues Faced by American CompaniesNameCourse TitleInstitutionThe top ethical dilemma faced by American businesses in the international arena is that of corruption. In the foreign countries particularly across the developing nations, it remains much healthy to engage and paying certain amounts to governmental officials in ensuring that they help the company acquire some form of business within the country. In these international arenas, the governmental payments stand to be an indivisible characteristic of successful businesses (Mahdavi, 2009). A large number of multinational companies from other countries have gone ahead in applying these practices defined under the American laws as bribes. With such, they seem to motivate the local government officials into giving then such opportunities and not to their competitors who may not be able to put such into practice. The American businesses are prohibited from taking part in such, but the need of such might arise with the need also to win businesses in competing with other firms.However, Under the FCPA provisions, bribing to influence a foreign official in his or her official capacity, making them violate their mandate is unlawful. This can be identified by operating a business illegally or obtaining advantages over others. Such as outlined are prohibited for any US firm under the FCPA law. A key example case involved Lockheed in it the business of constructing aircraft faced such a situation on the Japanese market (Darrough, 2010). Despite getting the much need business through the payments made to the Japanese prime minister, the company faced investigation for the contravention of the FCPA law (Darrough, 2010). If the issue were domestic, the situation would have been much different given each company setting up operations in America would be under similar legal requirements and such payment would be illegal thus leveling the playing field for all.Expanding into the global context may mu ch change the analysis given that the issues of ethics shift from place to place. However, American companies expanding into the global context must always remain subject to the American ethical standards. On evaluations, whether values should be considered universally or regarding specific practices within a country, paying attention to the global economy, comprehensive and universal ...