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:

Organizational Flexibility

The ability of a company to adapt quickly to market changes or internal innovations, allowing for responsive and effective operations.

Organizational Loyalty

The degree of commitment an employee has towards their organization, often manifesting in hard work and advocacy for the company.

Part-Timers

Individuals who work for a fraction of the customary or standard full-time employment hours.

Contingent Workers

Workers who are not permanent employees of a company and are hired on a temporary or contract basis.