CIPS L4M4 Exam - Topic 2 Question 10 Discussion

Actual exam question for CIPS's L4M4 exam

Question #: 10
Topic #: 2

[All L4M4 Questions]

Which of the following can be interpreted as a normal business practice by some cultures but a form of bribery by others?

Aphishing

Bverbal contracts

Cgolden handshake

Dfacilitation payment

Show Suggested Answer

Suggested Answer: D

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

by Eleonore at May 12, 2024, 03:41 AM

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Staci

3 months ago

I've seen facilitation payments accepted as normal in some countries.

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Tammy

3 months ago

I don't see how verbal contracts can be seen as bribery.

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Abel

3 months ago

Wait, are golden handshakes really considered bribery?

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Celia

4 months ago

Totally agree, it's just how things are done!

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Tracie

4 months ago

Facilitation payments are a big deal in some cultures.

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Jani

4 months ago

Facilitation payments seem to be the most likely answer here based on similar practice questions we went over.

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Bettina

4 months ago

I feel like verbal contracts could also fit this question, but they usually depend on the context and culture, right?

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Phil

4 months ago

I'm not entirely sure, but I think golden handshakes might be more about severance than bribery? It feels like a gray area.

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Xuan

5 months ago

I remember discussing facilitation payments in class; they can be seen as normal in some cultures but definitely viewed as bribery in others.

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Percy

5 months 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.

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Zana

5 months 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.

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Micah

5 months 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.

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Providencia

5 months 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.

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Jarod

5 months ago

Hmm, I'm not too sure about this one. The options seem a bit confusing. I'll have to think it through carefully.

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Darci

5 months 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.

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Diego

5 months 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.

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