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Carl Kotchian's decision in the Lockheed, Japan business contract was the right decision. Bribes were big part of Japanese business in the 1970's. By accepting the deal, Kotchian provided jobs for thousands of employees for the Lockheed Company. The deal also took care of the Lockheed shareholders, and their families. Conducting business globally in the 1970's sometimes meant paying bribes, or kickbacks to guarantee the deal.
Although bribery was not an accepted practice in the 1970's within the United States, bribery was an important factor in the global marketplace. Paying out bribes sometimes meant the difference between landing a deal and watching your competitor get the deal. Carl Kotchian followed the rules of a functioning system that was in place when it came time to do business on a global scale. At the time of his deal, no laws were in place prohibiting any forms of bribery. Therefore legally speaking, no laws were broken to create this deal. The decision......

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Approximate Word Count: 794
Approximate Pages: 4 (250 words per double-spaced page)

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