The Foreign Corrupt Practices Act of 1977 (FCPA)

question 82

Multiple Choice

The Foreign Corrupt Practices Act of 1977 (FCPA) :

• A)makes it unlawful for an American company or its agents to offer or give anything of value to a foreign official for the purpose of influencing the official's acts or decisions.
• B)requires that American companies in foreign countries adhere to the same health and safety standards in that country as they do in the U.S.
• C)outlaws American business from engaging in business in countries, which, as determined by the Department, have governments "repugnant to American law and social values."
• D)None of the above.

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Definitions:

Global

Pertaining to or involving the entire world; embracing all aspects of international relations, culture, and economic development.

Local Control

Pertains to the degree of authority and decision-making power retained at a local or regional level, as opposed to being centralized.

Job Sharing

When two or more employees perform the duties of one full-time position, each sharing the work activities on a part-time basis.

Temporary Layoffs

A situation where employees are suspended or laid off from their jobs for a period of time but are expected to return to their positions in the foreseeable future.