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directing business to any other person

English translation: securing business for other persions (favoritism)


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17:26 Dec 10, 2011
English to English translations [PRO]
Bus/Financial - Business/Commerce (general) / Code of Conduct
English term or phrase: directing business to any other person
The FCPA prohibits the Company .... in order to assist the Company in obtaining or retaining business or in directing business to any other person.
[what does it mean exactly?]
jmarcin2
English translation:securing business for other persions (favoritism)
Explanation:
Given the additional context provided, that's what they mean in my opinion.
Selected response from:

lirka
Local time: 15:53
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +5securing business for other persions (favoritism)lirka
4 +1steering or suggesting a business contract or relationship
Stephanie Ezrol
4subcontracting business
Alexandra Taggart


Discussion entries: 2





  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +5
securing business for other persions (favoritism)


Explanation:
Given the additional context provided, that's what they mean in my opinion.

lirka
Local time: 15:53
Works in field
Native speaker of: Native in EnglishEnglish, Native in SlovenianSlovenian
PRO pts in category: 4
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Martin Riordan: You may not bribe to get business for your company or for anyone else...
45 mins
agree  Tina Vonhof: The added context really helps.
6 hrs
agree  Thayenga: "persons" :)
14 hrs
agree  B D Finch: Corruption rather than "favoritism".
19 hrs
agree  Mohd shadab
1 day17 hrs
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4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
steering or suggesting a business contract or relationship


Explanation:
I think the key word here is "directing" which I think is closer to what you would call influence peddling -- not necessarily securiing a deal, but trying to secure a deal by steering/suggesting that the business contract or relationship go to a particular person

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Note added at 5 hrs (2011-12-10 22:46:08 GMT)
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USPS Official Accused of Directing Business to Contractor In Exchange for Bribes

“An official of the U.S. Postal Service is accused of directing business to a favored contractor in exchange for bribes valued to have been at least $15,000, according to a court document.

Prosecutors laid out the alleged bribery scheme in information filed this week in U.S. District Court for the District of Columbia. The official, Ron Middlebrooks, demanded and accepted money “in return for being influenced in the performance of an official act,” specifically “directing business transporting mail,” the document says. The scheme, it continues, violated federal law prohibiting a public official from receiving a bribe.”
http://www.postalreporternews.net/2011/08/11/usps-official-a...

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Note added at 5 hrs (2011-12-10 22:51:35 GMT)
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"obtaining or retaining business" is pretty much the equivalent of getting or securing business. "directing" is the attempt to get the business, whether that attempt is sucessful or not.

Stephanie Ezrol
United States
Local time: 15:53
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 64

Peer comments on this answer (and responses from the answerer)
agree  orientalhorizon
5 hrs
  -> Thank you !
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4 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
subcontracting business


Explanation:
When they have too much work (which one company cannot handle), they supply it to subcontractor(s).

Alexandra Taggart
Russian Federation
Local time: 23:53
Works in field
Native speaker of: Native in EnglishEnglish, Native in RussianRussian
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