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Discuss the impacts of the competition globalization driver on people processing, possession processing, and information-based service categories. Give at least one example of a firm that falls into each category.
Racketeer Influenced
Racketeer Influenced refers to activities or organizations affected by criminal influences, especially related to coercion, fraud, bribery, and other illegal activities as outlined by RICO (Racketeer Influenced and Corrupt Organizations Act).
Sarbanes-Oxley Act
A U.S. federal law enacted in 2002 to protect investors from the possibility of fraudulent accounting activities by corporations.
False Claims Act
A U.S. federal law that allows individuals to sue on behalf of the government for fraudulent billing by contractors, with the possibility of receiving a portion of any recovered funds.
Nolo Contendere
A plea in which the defendant does not admit guilt but agrees not to contest the charges.
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