This is a financial management for multinational enterprises
course.

APA format in writing, proper citations, and reference.

Must have proper headings and must have 6 -8 paragraph

OV score lower than 24. It must have introduction and
conclusion

Paper due today in 5 hours please.

Assignment below:

Joseph Ingle, an overseas sales
manager, has been dealing with a serious issue that is affecting Axetem’s
foreign sales. Joseph has told Axetem’s CEO, Brian Tobias, that his sales team
seems to be at a distinct disadvantage in the local markets of several
countries. This is because other local competitors are using monetary
incentives, favors, and expensive gifts to persuade the purchasing managers at
major companies in those countries to place their orders with them as opposed
to Axetem. It is also despite the fact that Axetem’s product lines are both
competitively priced and also of better quality.

As a result, several of Joseph’s
salespeople are now putting pressure on him to arrange for gifts to the
purchasing agents of these companies because this seems to be an accepted way
of doing business in those cultures. Joseph has also told Mr. Tobias that, in
some instances, there are not even specific laws addressing this issue in these
countries.

Brian Tobias has asked you to
complete the following task for him:

• Compose an e-mail to Joseph explaining the U.S. Foreign
  Corrupt Practices Act and its control objectives related to all
  transactions and accounts.
• Include any recent changes to the FCPA and
• provide examples of current cases involving the act. (3
  – 4 cases)
• Also, explain the penalties of noncompliance with this
  law.

Thanks