4. The Convention on Combating Bribery of Foreign Public Officials in International Business Transactions excludes: a. Bribes...

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Economics

4. The Convention on Combating Bribery of Foreign PublicOfficials in International Business Transactions excludes:

a. Bribes made to secure contracts that would otherwise not besecured

b. Grease payments to gain exclusive preferential treatment

c. Facilitating payments to expedite routine governmentaction

d. Payments to government officials for special privileges

5. Certification as a schedule B corporation would likely notinvolve:

a. A focus on environmental sustainability in theorganization

b. Assuring that the needs of external stakeholders areconsidered when making decisions.

c. Making sure that the company is only focused on shareholderwealth maximization

d. Giving employees a voice in the management of theorganization

e. An assurance that the firm has a commitment to corporatesocial responsibility.

6. If a country having balance of payments problems gets a loanfrom the IMF, they are likely required to:

a. Give tax cuts to local corporations and wealthy elites

b. Use funds to send money to individual citizens

c. Adopt specific economic policies to achieve stabilization

d. Allow developed nations firms to engage in FDI in theircountry

e. Raise tariffs against inputs

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Question 4 c Facilitating payments to expedite routine government action Bribery of a foreign public official refers to bribes or promise of bribes to the official for the promise that the official    See Answer
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