Chapter 3 Assignment Essay

1801 Words Jul 21st, 2015 8 Pages

Page 104, 3.1, (choose any three)
A. Definitely the American businessman did not study the Saudi ethics principles before visiting the country; he made several ethical mistakes.
B. He had to inform the team what was the point of the meeting, so that people would be prepared for it with ideas.
C. The Spanish guys needed to study the business ethics in USA; not anyone needs to receive the information (only those who are concerned by it).

Page 105, 3.2
a. What does the abbreviation UTC indicates?
Coordinated Universal Time (UTC) is the basis for civil time today. This 24-hour time standard is kept using highly precise atomic clocks combined with the Earth's rotation.

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When in doubt, play it safe and avoid giving or receiving such gifts.
Giving or receiving business courtesies those are too costly or too frequent to be within the customs of the marketplace or business situation. Such extravagant courtesies almost always will violate this Principle.
Giving or receiving business courtesies that are intended to improperly influence a decision relating to 3M or give the appearance of improperly influencing a decision relating to 3M. Bribery and kickbacks are illegal and violate this Principle.
Offering a business courtesy that would violate the recipient’s company or agency policy to accept it.
Giving or receiving entertainment and recreation, such as tickets to a sporting event, where a representative of the company offering the business courtesy will not be accompanying the recipient to the event. For example, this Principle prohibits giving a customer four ticket to a soccer game when no 3M employees will attend the game with the customer.
Offering or providing business courtesies to government employees in the United States, unless it is clearly permissible under applicable laws and regulations, or prior approval has been obtained from Government Contract Compliance or your business unit’s assigned legal counsel. Also, avoid offering or providing business courtesies to employees or representatives of other countries’ governments, unless approval is obtained via established

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