Question

The practices of bribery

Multiple Choice
a. is only associated with corrupt government officials in developing countries.
b. is a normal part of business in some countries.
c. can result in negative economic growth.
d. is always illegal and unethical regardless of the situation.
e. can usually be avoided by bigger companies.

Answer 1

Bribery is the act of giving or receiving something of value with the intention to influence a person in a position of power or authority. It is considered illegal and unethical. However, in some countries where corruption is prevalent, bribery can be a normal part of business. This can have negative economic consequences.

Step-by-step explanation:

Bribery is the act of giving or receiving something of value with the intention to influence a person in a position of power or authority. It is considered illegal and unethical in most countries around the world. However, it is true that bribery can be a normal part of business in some countries where corruption is prevalent. This can lead to negative economic growth as it undermines fair competition and erodes trust in the business environment.