For this assignment, begin by reviewing the Brief Case #1 in the Weekly Resources and Assignments. Jackson Enterprises does business in the United States and Venezuela. The Venezuela facility is...

Introduction
Jackson enterprise is engaged in the business in Venezuela and United states. The facility of business is in Venezuela in the city of Mariara and in Mariara the mayor of the city is Diego Ledezma. There are certain red flags in the organizational transactions where the amount of transaction is more than $4,00,000. The discussion shall be in respect to TI Corruption index of Venezuela, Anomalies noticed or red flag with FCPA Norms and viability of transferring parts of operations of business to UK.
TI Corruption Index
Transparency International (TI) is an international non-profit organization that governs the corruption around the world in different economies found in 1993. It is an organization having its head office and primary place of functioning in Berlin, Germany. The purpose of this is to take corrective actions against corruption. TI had been developing various measures to fight corruption and one of the achievements in measuring corruption was to introduce Corruption Perception Index (CPI) in 1995. The measures of corruption used by TI are Global corruption barometer and Corruption perception index. The total number of members of TI are currently more than 100 chapters of nations who are willing to fight against corruption in their home countries. The objective of TI is to end the corruption in the world and to ensure world economy is free from corruption.
Corruption in a country is defined as powers being abused by the people having high position and authority for the benefit of their own which is not in the interest of the country, in turn creating loss of revenue to the government to fill in personal pockets. TI, in the year 2010 had developed strategies that categorizes among people, institutions, laws, values, network, impact for a period of 5 year.
CPI usually ranks countries based on how corrupt their governance system is and how are they dealing with these issues of corruption. CPI is calculated based on the data collected by various institutions having good reputation and goodwill. CPI is a measuring tool which is highly criticized because of the perception of the people that data collected is inaccurate and completely based perception of people in that country. CPI cannot compare the data of corruption year on year because the method used every year to measure corruption differs from the earlier year. There is no uniformity in methodology to measure the corruption.
References
Wang H & Rosenau J N (2001) Transparency international and corruption as an issue of global governance. Global Governance: A Review of Multilateralism and International Organizations, 7(1), 25-49.
Ismael, I. K., & Abdulamir, D. N. Forecasting the Levels of Corruption in Organizations And the Impact of Governmental Anti-Corruption Strategies Case Study in Accordance With the Reports of Transparency International Organization.
TI Corruption Index of Venezuela
Venezuela is considered as 7th most corrupt country in the world. As per the data of 2019 of TI, the CPI of Venezuela ranks 173/180 with a score of 16/100. The rank 1 states that the country is exceptionally clean and rank 180 shows that the country is the most corrupt among all the 180 countries. This clearly signifies that Venezuela is one of the most corrupt countries in the world as per the list of 180 countries. The score signifies how clean the country is in managing their...