Ethical Gift Giving Guidelines in Business: Setting Boundaries and Maintaining Integrity

The video tutorial discusses company gift-giving policies, emphasizing the importance of understanding boundaries and ethical considerations. It outlines how to identify inappropriate gifts and provides six key considerations for accepting gifts. The tutorial differentiates between acceptable and unacceptable gifts, explains the principle of nominal value, and addresses the complexities of receiving gifts from suppliers. It also covers international gift-giving, highlighting the need to balance company standards with cultural practices and comply with international laws like the FCPA.

How should you approach gifts and hospitality from suppliers?

How can cultural differences impact gift giving in international business?

What should you do if you receive a gift above nominal value from an overseas business partner?