Ethical Business Practices: Gift Giving and Hospitality in the Workplace

The video discusses the role of gifts and hospitality in business, emphasizing the importance of maintaining ethical standards. It defines business gifts and hospitality, explaining their potential to build relationships or be misused for manipulation. The video provides examples of appropriate and inappropriate gifts, highlighting the importance of intentions. It also covers reasons for rejecting inappropriate gifts and the legal implications of gift giving, referencing anti-bribery laws like the FCPA and OECD conventions.

How do good gifts communicate appreciation in a business context?

What are the three common reasons for rejecting inappropriate gifts?

What intentions should one consider before accepting a gift?