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Companies that do business abroad sometimes find some local business practices, such as offering gifts or awarding contracts and privileges to family members, unethical. Source:
Companies that do business abroad sometimes find some local business practices, such as offering gifts or awarding contracts and privileges to family members, unethical. Source: Karl Smith, The ethical dilemma in business gifts: Giving or bribery? A For many international firms, doing business overseas is unethical given the prevalence of practices, such as offering gifts K Smith, B According to Karl Smith, international companies are reluctant to invest abroad given the risk of unethical local market practices. O C Customs, such as bribery and nepotism, are perceived as corrupt by international firms doing business overseas Smith O DKarl stated that companies interested in business abroad face many challenges.
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