The U. S. federal government charged Avon Products Inc. (the global beauty products company) with violating the by failing to put controls in place to detect and prevent payments and gifts to Chinese government officials from a subsidiary. Avon agreed to pay $135 million to settle the SEC charges and a parallel criminal case. a. Foreign Corrupt Practices Act b. Clayton Act c. Sherman Antitrust Act d. Replogle Act e. Lanham Act

a.Foreign Corrupt Practices Act

Explanation:

Foreign Corrupt Practices Act is a legislature that seeks to outlaw bribing of foreign government officials with a view of gaining some advantage for their business.

The act is mostly binding on publicly traded companies and their officials.

There has been much criticism about this act, as some businesses see it as a way to discourage investment in foreign assets.

Avon Products Inc failed to put controls in place to detect and prevent payments and gifts to Chinese government officials from a subsidiary.

This is a violation of Foreign Corrupt Practices Act

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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answer; (c) communism and socialism;