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The cost of formal management training programs is always offset by the benefits.
Foreign Corrupt Practices Act
A U.S. law passed in 1977 aimed at preventing companies from bribing foreign officials to gain a business advantage.
American Company
A business organization that is registered and operates in the United States, adhering to the laws and regulations of the country.
Foreign Official
A representative or an employee of a government or governmental body of another country.
Nontariff Barriers
Restrictions that countries use to control the amount of trade across their borders, not including the use of tariffs, such as quotas and embargoes.
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