Premium Essay

Week Six Team Reflection

In:

Submitted By brew1212
Words 1231
Pages 5
Week Six Learning Team Reflection Law/531: Business Law John Fossum
November 11, 2012

Introduction:
With the current economy the markets are expanding and taking companies globally. Laws in on how business is conduct varies vastly from country to country. It is important that the laws are understood and not confused with others. There are global practices that have been put in place as well to help protect businesses that conduct business globally. The Foreign Corrupt Practice Act of the 1970’s is just an example of the United States law that was put in place to protect companies. Team C elaborates on these practices through the review of several articles.
Future of Anticorruption Laws
Stricter laws against corruption in international business transactions gained momentum during 2010. In reaction to fraudulent practices abroad, the United States authorities collected larger fines and imposed stiffer penalties in concordance with the Foreign Corrupt Practices Act (Morley, Hadley, & Saulnier, 2011). FCPA violations are a new law enforcement priority and are concurrent with the emphasis on fighting global terrorism. In addition, the United Kingdom revised their anti-bribery laws to impose greater regulations than the FCPA (Morley, et al. 2011).
In response to the increase in number of cases, the United States adopted more aggressive enforcement measures, expansive jurisdiction, and bounty payments to whistle-blowers (Morley, et al. 2011). Those who provide independent information on those who break the law receive from 10-30% of the money collected from those individuals.
In the United Kingdom, the new Bribery Act provides stiffer penalties and fines as compared to the FCPA. Broad jurisdiction, strict corporate liability, and commercial bribery are among the features in this legislation (Morley, et al. 2011). Member states

Similar Documents

Premium Essay

Syllabus

...|[pic] |Course Syllabus | | |College of Natural Sciences | | |SCI/163 Version 4 | | |Elements of Health and Wellness | Copyright © 2013, 2012, 2011, 2009 by University of Phoenix. All rights reserved. EL14FS05 Course Start Date:  04/16/2014 Course End Date:  05/14/2014 Wednesday’s *6 PM to 10 PM* El Centro Learning Center 3095 North Imperial Suite 101 El Centro, California - 92243 Phone: 800-473-4346 Instructor:  Rosyo Ramirez, MPA Course Description This course reinforces the concept that learning effectively and living well involves both the mind and body. It presents the fundamentals of wellness and preventive health including strategic planning to attain and maintain personal optimal health. In addition, physical and mental diseases are discussed along with the dangers of environmental pollution, stress, addiction, and other negative factors that can affect personal health. Policies Faculty and students/learners will be held...

Words: 2617 - Pages: 11

Premium Essay

Uop Syllabus

...|[pic] |Syllabus | | |School of Business | | |COM/537 Version 1 | | |Organizational Communication | Copyright © 2011 by University of Phoenix. All rights reserved. Course Description This course prepares graduate students to apply written and oral communication principles to the roles they play as managers. Students will learn how to persuade a variety of stakeholders to commit to a proposal. Other topics include the role of perception in communication techniques, aligning communication to an audience, business justifications, presenting data, and ethics in organizational communications. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure...

Words: 2231 - Pages: 9

Premium Essay

Week 5 Reflection

...Week 5 Learning Team Reflection Summary - Team B BIS/220 Monday November 25, 2013 Week 5 Learning Team Reflection Summary - Team B Introduction Personal Life In week four of our text, we discuss the procedures in which traditional systems development life cycle can be implemented in an organization. The SDLC has six processes in which information system is process: systems investigation, system analysis, systems design, programming and testing, implementation, and operation and maintenance. These six processes are important for organizations to use when deciding on an information system; however, these processes are not only for organization, but also for personal use as well. When deciding whether to get a new operation system for a personal computer, you can have some of the same challenges. Consumers have to decide what kind of budget they have, what will the system do for them, and will the system last for a long time before having to get another system. As a personal user operation systems will be outsources, but you would still want to use the investigation and analysis process to see if the quality of the system will fit your needs. For personal use, system design and how the system looks is an important feature, such as colorful feature and users-friendly tools. During this process we can create the backgrounds for our system making is a customized system for our use. When getting the system, the user will want to install and test the product to make sure...

Words: 611 - Pages: 3

Premium Essay

Mr. Perez

...Reflection Summary Team “A” MGT 230: Management Theory and Practice October 27, 2012 Shannon Thomas Reflection Summary There was much that our team learned from the material assigned last week; for example, to every successful organization there are four essential functions of management. Prior to this course and week one, we had some knowledge of what made a company work; leadership, organization, and planning are all necessary for the success of any company or organization. However, we had little or no knowledge about the controlling function.  It is our understanding that controlling is both essential as well as beneficial to the performance of any organization. Controlling allows a company to maximize its resources and increases efficiency. It is very important to any company; in fact, the controlling function is so vital that it could determine the reputation of a company both in a good and bad manner. The elements which compose the internal factors of a company include, personnel, structure of management, and departments within an organization. On the other hand, just as important as internal factors, an example of external factors would be the environment surrounding the location of any company. This is important because it dictates the customers they may be serving, the community where the majority of their business is conducted, and other possible relationships they may have with other businesses. In order for managers to succeed it is necessary they...

Words: 488 - Pages: 2

Premium Essay

Course Materials

...|[pic] |Syllabus | | |School of Business | | |LDR/531 Version 4 | | |Organizational Leadership | Copyright © 2011, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course prepares students to apply leadership principles to the roles they play as managers. Students will discover more about themselves and will learn more about the connection between the individual and the organization. Other topics include organizational culture, structure, group behavior, motivation, power, politics, organizational change, and workplace conflict. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum.2+10+ University policies are subject to change. Be sure to read the policies at the...

Words: 2157 - Pages: 9

Free Essay

Hrm 531

...Week Six Team A Reflection Elvareen Mukhim, Keri Steward, Mallory Herring, Rebecca Blackburn, Rickie Clark, Shawnta Shorts, and Kalyn Shenefelt HRM/531-Human Capital Management December 10, 2012 Instructor; Ginny McMinn Week six Team A Reflection This week brought discussion about diversity in the work place, and how managers get educated about diversity and how to handle a diverse work place. There are many cultures, skill sets, and different personalities in a work place and it is important to be respectful and not discriminate. The work force continues to grow and become more and more diverse so managers must adapt and educate their staff on how to manager such a diverse work place. There can be miscommunication and conflict and that should always be mediated and handled appropriately. Some team members had a harder time than others but overall everyone under stood what a managers have to do so they can ensure the managers are educated in cultural, religious, sex, and disability rights. Further, the have to practice diversity in order for it to work. Strengths This objective was comfortable for each team member to embrace diversity and truly appreciate it. Diversity affects each aspect of Human Resources Management. It’s not about being politically correct or a quota for hiring minorities. It’s a characteristic of modern organizational life and presents exciting opportunities for HR and other organizational leaders to respect and affirm employees...

Words: 693 - Pages: 3

Premium Essay

Lololol

...should be, focusing on areas of international transportation modes, inventory and distribution, production, outsourcing and reverse logistics. 2. Identifying the risks the company is exposed to in such international operations, and recommending ways to avoid or overcome them. C. Assessment Schedule Component ICA 2 – Group Project Wt 25% Base Marks 100 Date of Presentation & Debate Week 15 (beginning 20 Jan ‘14) Penalty (Marks/ day) 10 marks D. Description of ICA 1. Students to be grouped into teams of four to six per team. 2. Each team will have to register their desired company and country (one where the company has not established any operations yet) to research on, with their respective tutors by the end of week 3. No two teams from the same class can work on the same company and/ or country. 3. Each team will research on the selected company to understand its business model; and on the selected country to gather information on its infrastructure and other external factors. BM0472 ICA 2 Page 1 of 5 School of Business Management 4. Based on their research and analysis, each team will propose how the company could setup a new operation (production or sales) in the new country. The proposal should focus on the following areas (which have been taught in this module): international transportation...

Words: 1258 - Pages: 6

Premium Essay

Bis 220 Week 1 Team Reflection Summary

...Reflection Summary BIS 220 Members from Team C reflected on the materials covered during week four discussions. The team members posted their thoughts and reflection on our team forum, stating their opinions related to the systems development life cycle and presentation tools to communicate business objectives. All members concluded that SDLC is system framework system which organizations use for large scale IT projects. This allows for six sequenced processes to occur in order for an effective IT operation. Six process all serve a separate purpose but all go together for the benefit of the project. The six processes are system investigation which is the investigation phase that determines potential problems. The system investigation includes the system analysis, systems designs, programming and testing, implementation, operation, and maintenance. System analysis analyzes how the problem will be solved. System design gives measures of the system and how it works and how to fix potential problems. Programming and testing is programming that allows for the design to be programmed into computer code and testing will test to ensure it does what it is suppose to do. Implementation converts the old system into the new one. Operation and maintenance runs the operation and does preventive maintenance to ensure everything runs smoothly. The team also discussed the use of presentation tools. Presentation tools can include different things such as spreadsheets, PowerPoint, word...

Words: 445 - Pages: 2

Premium Essay

Eco 561 Week 6 Learning Team Reflect

...Learning Team Reflection – Week 6 ECO 561 Names Date Instructor Learning Team Weekly Reflection The objective set forth in week six was to apply economic concepts in making business decisions. Each team member felt comfortable and also struggled with different topics in regard to the objective. Each member has various experiences in different industries, which enables the team members to apply the aforementioned objective in multiple ways. With the many theories and perspectives, the team’s experiences with the material provided different outlooks to consider when referencing economics. The following is a compilation of the team’s opinions of the objective. Topics team members felt comfortable with During week six, each team member felt comfortable with applying the economic concepts learned throughout the course to making business decisions. This course has emphasized that managers and business owners have several aspects to consider as they try to make appropriate business decisions. They need to think of the stage in the economic business cycle and how their company will be affected by their decisions in times of economic recessions and expansion. They need to consider the credit markets, and whether or not they are making good borrowing decisions. They need to look to the international community, and see if they may expand their market and resources as well as produce their products efficiently at the best price. Managers and business owners need to...

Words: 855 - Pages: 4

Premium Essay

Accounting

...budgets, and control systems. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. The discussion question points are now combined with the participation points for each week. You, as the instructor, may create a separate line item for discussion question points if you choose. Please note that some assignment points may have changed. Course Materials Abrams, R. (2003). The...

Words: 2594 - Pages: 11

Premium Essay

Acc544 Syllabus

...[pic] |Course Syllabus School of Business ACC/544 Internal Control Systems | |Copyright © 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description In this course, students gain a broad perspective of accounting and control that considers attainment of all goals of the organization, including those concerned with financial objectives. Topics include an overview of control, risk management, internal control systems, controls for current asset functions, controls for other accounting classifications, controls for information technology systems, and reporting on controls. Policies Students will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Louwers, T. J., Ramsay, R., Sinason, D., & Strawser, J. (2007). Auditing and assurance services: A look beneath the surface (2nd ed.). New York, NY: McGraw-Hill. McCarthy, M. P. & Flynn, T. P. (2004). Risk from the CEO and board perspective: What all managers...

Words: 1676 - Pages: 7

Premium Essay

Mkt421-Team Reflection Week 2

...Team B Week Two Reflection MKT/421 June 20, 2013 Donna Falloon Team B discussed week’s two objectives thoroughly, the objective that Team B related to the most was market segmentation and the various criteria that impacts market selection. Creating a consumer driven marketing strategy is imperative for companies inspiring to be or are successful. “Companies today recognize that they cannot appeal to all buyers in the marketplace or at least not to all buyers in the same way (Armstrong & Kotler, 2011, p. 174).” Consumers vary in age, location, income, nationality, social class, gender, family size, education, religion, and many more variables. Thus companies are straying from mass marketing and focusing more on target marketing (2011). Market targeting is the process of evaluating each market segment’s attractiveness and selecting one or more segments to enter (2011). It is a critical piece that aids with the segmentation, differentiation, and positioning of the consumer driven marketing strategy. Each member of team b reflected on their personal experiences of market targeting. For example, two team members are mother’s, although the ages of their children vary, each mother at one point was targeted with the age and life-cycle stage from a company like Toys “R” Us. Some companies use the age and life-cycle segmentation, since consumers needs drastically change with age. For Example, Toys “R” Us primarily target babies to teenagers, most likely an adult will not...

Words: 477 - Pages: 2

Premium Essay

Marketing

...SYLLABUS STR/581 SYLLABUS SCHOOL OF BUSINESS STR/581 STRATEGIC PLANNING & IMPLEMENTATION MAIN CHARLOTTE CAMPUS 04/01/2013 TO 05/06/2013 Copyright © 2011, 2010, 2009, 2008 by University of Phoenix. All rights reserved. COURSE DESCRIPTION THIS CAPSTONE COURSE INTEGRATES CONCEPTS FROM ALL PRIOR COURSES IN THE PROGRAM. STUDENTS APPLY THE CONCEPTS OF STRATEGIC PLANNING AND IMPLEMENTATION TO CREATE SUSTAINABLE, COMPETITIVE ADVANTAGE FOR AN ORGANIZATION. OTHER TOPICS INCLUDE ENVIRONMENTAL SCANNING, STRATEGIC ANALYSIS, CORPORATE SOCIAL RESPONSIBILITY, IMPLEMENTATION AND EVALUATION, AND RISK MANAGEMENT. POLICIES FACULTY AND STUDENTS/LEARNERS WILL BE HELD RESPONSIBLE FOR UNDERSTANDING AND ADHERING TO ALL POLICIES CONTAINED WITHIN THE FOLLOWING TWO DOCUMENTS:   UNIVERSITY POLICIES: YOU MUST BE LOGGED INTO THE STUDENT WEBSITE TO VIEW THIS DOCUMENT. INSTRUCTOR POLICIES: THIS DOCUMENT IS POSTED IN THE COURSE MATERIALS FORUM. UNIVERSITY POLICIES ARE SUBJECT TO CHANGE. BE SURE TO READ THE POLICIES AT THE BEGINNING OF EACH CLASS. POLICIES MAY BE SLIGHTLY DIFFERENT DEPENDING ON THE MODALITY IN WHICH YOU ATTEND CLASS. IF YOU HAVE RECENTLY CHANGED MODALITIES, READ THE POLICIES GOVERNING YOUR CURRENT CLASS MODALITY. COURSE MATERIALS BARNEY, J. B. (2007). GAINING AND SUSTAINING COMPETITIVE ADVANTAGE (3RD ED.). UPPER SADDLE RIVER, NJ: PEARSON PRENTICE HALL. MINTZBERG, H., GHOSHAL, S., LAMPEL, J., & QUINN, J. B. (2003). THE STRATEGY PROCESS: CONCEPTS, CONTEXTS, CASES (4TH ED.). UPPER SADDLE...

Words: 2575 - Pages: 11

Premium Essay

Hrm 531

...|[pic] |Course Syllabus | | |School of Business | | |HRM/531 | | |Human Capital Management | Copyright ©2011 by University of Phoenix. All rights reserved. Course Description This course prepares students to address the concepts of personnel development as managers. Students learn criteria for developing effective job analysis, appraisal systems, and appropriate career development plans for employees. Other topics include personnel selection, employee compensation, benefits, training, workplace diversity, discipline, employee rights, unions, and management behaviors. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies...

Words: 3395 - Pages: 14

Premium Essay

Law Syllbus

...|Week Three: Contracts | | |Details |Due |Points | |Learning Team |Review the assignment options described below. These options are found in the University of | |10 | |ERM Paper |Phoenix Material: ERM Paper located on the student website. | | | | | | | | | |Option 1: Write a paper of no more than 1,750 words in which you identify potential tort | | | | |risks that arose in the Business Regulation simulation. Identify a tort violation from the | | | | |simulation. Then use the 7-step process as defined in the Harb article to apply the risk | | | | |management process to mitigate the business risk associated with that violation. | | | | | ...

Words: 1021 - Pages: 5