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  • Dealing with Bribery and Corruption

Market Entry and Market Management

Dealing with Bribery and Corruption

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Dealing with Bribery and Corruption

Corruption and bribery exist all over the world.  However, both can create legal and profit challenges for companies.  In recent years many efforts have been made to address the issue.  The United States was the first nation-state to put laws into place.  Over 20 years later the United Nations and Organization for Economic Development put together an international set of requirements ratified by most of the countries in the world.

Why this matters to your business

Any company of United States origin must abide by the 1977 Foreign Corrupt Practices Act or face severe fines and possible imprisonment.  It is important to note that even if the company requested the activity, any individual involved faces the consequences.  So it is important to understand all the regulations.

Also, knowing where corruption is the biggest challenge around the globe can assist in determining expansion plans and strategies.

Business challenges you may face without this knowledge

  • Doing business illegally
  • Personal and corporate punishments
  • Loss of ability to do business internationally or in some locations
  • Making expansion decisions where corruption can impact potential growth and profits

Who should watch this webinar

  • Companies starting to set up business and contracts in countries outside of home country.
  • Anyone interested in international relations or trade.

Expert

Chris Schrage, MBA, CGBP

Key things you will learn to help your business

  • Clarification of Bribery
  • Laws concerning Bribery
  • Clarification of Grease payments
  • Global Corruption levels

NASBITE 0.5 CEU's

NASBITE International Certified Global Business Professionals are required to submit 10 Continuing Education Units (CEUs) per year to satisfy their yearly credential re-certification.

This training webinar will be recognized by NASBITE International as 0 CEUs

Details of all training and dates on the Trade Passport website are captured for registered users under User Stats in the main menu and can be submitted to NASBITE International on the NASBITE here

  • Dealing with Bribery and Corruption
  • Chris Schrage, MBA, CGBP
  • University of Northern Iowa:

      Global Initiatives Coordinator and Instructor of marketing

    Professional certifications include:

    • Certified Global Business Professional (CGBP)
    • NASBITE Certified CGBP Trainer
    • Cultural Intelligence level 2

    Email: schragec@uni.edu

  • https://player.vimeo.com/video/438365091
  • Key things you will learn to help your business

    • Clarification of Bribery
    • Laws concerning Bribery
    • Clarification of Grease payments
    • Global Corruption levels
  • 0.5
  • 16/07/2020

Expert

Chris Schrage, MBA, CGBP

University of Northern Iowa:

  Global Initiatives Coordinator and Instructor of marketing

Professional certifications include:

  • Certified Global Business Professional (CGBP)
  • NASBITE Certified CGBP Trainer
  • Cultural Intelligence level 2

Email: schragec@uni.edu



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    Comments

  1. Avatar
    Warren Banks MBA, CGBP
    20 March, 2021

    Would be helpful to see presenter. Good organization. Good examples. A bit confusing at times.

    Reply
  2. Avatar
    Vitor Silva
    12 December, 2022

    Excellent!

    Reply

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