Oswaldo Enterprises Began to Do Business in a Small East

question 36

Essay

Oswaldo Enterprises began to do business in a small East African nation. The representatives of Oswaldo bid on government contracts. Although Oswaldo was by far the lowest bidder and offered a superior product, the company was not awarded a contract. Oswaldo officials learned after inquiring that the company would have to give substantial sums of money to high-level government officials in order to receive a contract. Oswaldo officials are considering this as a necessary cost of doing business, but they are concerned about violating U.S. law. Discuss the implications of this under the Foreign Corrupt Practices Act.

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Definitions:

Biological Approach

View that biological factors cause and should be used to treat abnormality.

Brain Dysfunction

Abnormal functioning of the brain that can result from various factors, including injury, disease, or developmental issues, impacting cognitive, emotional, or physical abilities.

Biochemical Imbalance

A condition resulting from abnormal levels of certain substances in the body's biochemistry, often linked to mental health issues.

Superior Colliculus

A structure in the midbrain that plays an important role in initiating and guiding eye movements as well as processing visual and auditory information.