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(EMAILWIRE.COM, December 17, 2012 ) New York, NY -- The Foreign Corrupt Practices Act (FCPA) was established in 1977 to combat the rise of American companies bribing foreign officials to obtain favorable conditions in their countries. In todayÂ’s growing global economy, expanding abroad is a sign that your brand and business has made it to the big leagues. When selecting the most appropriate foreign nation to help you take that next step in business operations, make certain to conduct your due diligence in order to avoid scandals that could be connected to your business.
Some countries more than others have business and political climates that are more prone to local counterparts and government officials that are accustomed to practices considered illegal according to United States laws. In countries such as these, corruption and bribery may be commonplace, and companies attempting to do business in these areas utilizing local staff may end up in situations where local counterparts and officials
attempt to gain favors or compensation for their support of your interests.
This of course may ultimately lead to FCPA violations and complicated and expensive legal proceedings
requiring the retention of legal representation and litigation support specialists with expertise in these matters. A number of countries stand out as repeat offenders of corruption. Among these foreign countries where officials are commonly bribed are China, the Russian Federation, Mexico, Argentina and Nigeria. Oftentimes foreign officials are bribed to speed up the process of obtaining permits or winning contracts that allow their companies to open stores and sell their products in a given nation.
In order to shield yourself from getting entangled in a web of corruption, Digitalolympus.com urges you to hire a team of experts in business intelligence.
This team of professionals will conduct background checks on government officials, investigate rumors in opaque jurisdictions and analyze the political environment where you will be conducting your business. Once your business intelligence team has conducted their investigations, you can base your business decisions on fact and not fiction.
“We at Digitalolympus.com believe in educating our readers on topics that impact their lives and businesses. Taking a company global is an exciting time. That being said, it is crucial to the longevity and image of your company that you conduct your foreign
operations ethically and wisely,” says a Digitalolympus.com spokesperson.
A successful business is one that is always armed with all the facts. You can not do it alone, so employ a group of experts that will assist you in making informed decisions that will lead to well earned accomplishments. Protect your company and know who you are
doing business with before taking that first big step to global expansion.
About Digitalolympus.com
Digitalolympus.com is an online news Blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com
is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.
Digital Olympus
Fernando McDonald
6468108692
support@creative-works.us 
Source: EmailWire.com
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