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Which of the following can be interpreted as a normal business practice by some cultures but a form of bribery by others?
Suggested Answer: D
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This is a facilitation payment. It's when a sum of money is given for 'helping to facilitate' a contract. E.g. a procurement manager may accept a facilitation payment from a supplier for selecting him to be a new supplier for a big contract.
In the UK this is definitely considered a bribe. It's also against the CIPS Code of Conflict
16 comments · newest first
ST
Staci
11 months ago
I've seen facilitation payments accepted as normal in some countries.
TA
Tammy
11 months ago
I don't see how verbal contracts can be seen as bribery.
AB
Abel
12 months ago
Wait, are golden handshakes really considered bribery?
CE
Celia
12 months ago
Totally agree, it's just how things are done!
TR
Tracie
1 year ago
Facilitation payments are a big deal in some cultures.
JA
Jani
1 year ago
Facilitation payments seem to be the most likely answer here based on similar practice questions we went over.
BE
Bettina
1 year ago
I feel like verbal contracts could also fit this question, but they usually depend on the context and culture, right?
PH
Phil
1 year ago
I'm not entirely sure, but I think golden handshakes might be more about severance than bribery? It feels like a gray area.
XU
Xuan
1 year ago
I remember discussing facilitation payments in class; they can be seen as normal in some cultures but definitely viewed as bribery in others.
PE
Percy
1 year ago
Okay, I've got a strategy for this. I'll think through each option and consider how different cultures might interpret them, then choose the one that best fits the description.
ZA
Zana
1 year ago
Facilitation payment - that's the one that can be seen as a bribe in some cultures, right? I'll make sure to read the question closely and consider the cultural context.
MI
Micah
1 year ago
Hmm, I'm a bit unsure about this. I'll need to review my notes on cultural norms and business ethics to make sure I understand the nuances here.
PR
Providencia
1 year ago
This is a tricky one. I'll need to think carefully about the cultural differences that could impact how certain business practices are viewed.
JA
Jarod
1 year ago
Hmm, I'm not too sure about this one. The options seem a bit confusing. I'll have to think it through carefully.
DA
Darci
1 year ago
I'm feeling pretty confident about this one. The key is to focus on the specific problem of the unexpected network traffic, and I think option A is the best choice to address that.
DI
Diego
1 year ago
I remember we discussed something similar in class about warranty costs and their estimates. It seems like this is a change in accounting estimate, but I'm not entirely sure.