regul ating globa l busin ess copyright © texas education agency, 2012. all rights reserved

Regulating Global Business

Copyright © Texas Education Agency, 2012. All Rights Reserved.

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Purpose of Assignment

SWBATStudent will be able to…

O Describe the reasoning behind the effects of controls and the regulation of global business behavior.

O Analyze the Foreign Corrupt Practices Act.

O Discuss the role of international law in the conduct of global business.


Need to Know TermsO Reasoning

O EffectO Control

O RegulationO Business

behaviorO Analyze

O Foreign Corrupt Practices Act

O International lawO Conduct


DiscoveryHave you ever read the book ‘Lord of the Flies’ or seen the

movie? Do you remember the plot?

"'We've got to have rules and obey them. After all, we're not savages. We're English, and the English are best at everything.'"

What do you think about that quote? • What are some of the controls/regulations you have at home? • What are some of the controls/regulations we have at school?• What are some of the controls/regulations people have in the

workplace?

Why do you think there are controls/regulations?


DiscussionThe Reasoning Behind the Effects of Controls and the Control

of Global Business Behavior

When you control something, why do you do it?

What are the reasons for the control?

The same is true in controlling global business. Since controlling something is based on the beliefs and attitudes of the people in charge, the reasoning behind controlling global business (or anything) is as multi-faceted as the people who control.


Instruction/DiscussionForeign Corrupt Practices Act

Visit the FCPA websitehttp://www.fcpa.us/

Why was the FCPA established?It is a database…do you know what a

database is? What kinds of services does it provide?

How is the FCPA like your parents/guardians? Not like them?How is the FCPA like your teachers? Not like them?How is the FCPA like your friends? Not like them? How is the FCPA like your boss? Not like him/her?How is the FCPA like you? Not like you?


http://www.fcpa.us/

ActivityForeign Corrupt Practices Act Analyzation


Activity SamplePeanut Butter and Jelly

• Can buy at the store

• Go well on bread

• Use heat in the process

• Made from peanuts

• Can be crunchy or smooth

• Some people are allergic

• Made from fruit

• Can be smooth or chunky (jam)

• Comes in several flavors


Instruction/DiscussionInternational Law and Global Business

Small Business AdministrationMain Website, http://archive.sba.gov/aboutsba/index.html Office of International Trade,

http://www.sba.gov/about-offices-content/1/2889

United States Court of International Trade http://www.cit.uscourts.gov/index.html

OWhat is the purpose of the SBA?OWhat is the purpose of the SBA Office of International

Trade?OWhat is the purpose of the United States Court of

International Trade?

If you were to have a product or service that was available worldwide, can you imagine all the laws

around the world and working within the framework of each?


http://archive.sba.gov/aboutsba/index.html

http://www.sba.gov/about-offices-content/1/2889

http://www.cit.uscourts.gov/index.html

ReviewO Can you describe

the reasoning behind the effects of controls and the regulation of global business behavior?

O Can you analyze the Foreign Corrupt Practices Act?

O Can you discuss the role of international law in the conduct of global business?


ExtensionsInternational LawFind three recent articles discussing cases of international law; can be civil or dealing with business. Summarize the article and then point out at least one point of interest brought up in the article that you would like to know more about.

Foreign Corrupt Practices ActThe Foreign Corrupt Practices Act, in layman’s terms, was brought about to govern and protect people. The ‘Lord of the Flies’ book was referred to in the lesson. Can you think of any other literary instances (books, poems, songs, movies, etc.) that deal with an agency that is created to govern and protect? What is it/are they and how would you connect it to this lesson?


Assessment Rubric

Formal Assessment Rubric


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