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2 pages/β‰ˆ550 words
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MLA
Subject:
Management
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Coursework
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English (U.S.)
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Video Case: The Black Money Are Largely The Power In The Society

Coursework Instructions:

Need to watch the video, and then answer according to the question.

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Corruption
The beneficiaries of the black money are largely the power in the society. These are people that are at the center of world power such as princes and prime ministers among others. They are legitimately powerful personalities and they can easily get away with the corruption cases. It is also common among these groups of people to blackmail one another such that, they end up in a cycle of corruption that is almost impenetrable. It is also interesting to note that most of these powerful figures use their power to steal the monies simply because they can and they will get away with it. As such, in the case of the winners and the losers. The losers are the people in the respective countries where the bribery elements live; the winners are the officials who benefit from financial packages and favors from corporations, this also includes the corporates that gainfully bribe the officials to get ahead of the competition in business in the countries that support such practices.
When the United States introduced the anti-bribery policies to govern the way that companies traded abroad, this placed most of its companies at a disadvantage compared to the rest of the companies from other nations. This is relative to the fact that, while the American companies did not want to get caught getting involved in bribery, other companies from other nations were comfortable with the practices. This meant that the American companies were not able to compete with other companies that could bribe their way to get better ...
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