While Deciding Whether or Not to Begin a Construction Project

question 71

Multiple Choice

While deciding whether or not to begin a construction project overseas, BuildBest learned that they would not be able to get permits for demolition until they paid a local city official a sizable fee in addition to the fees the city charges for the permit. This is an example of ________.

• A) bribery
• B) nationalization
• C) extortion
• D) fair trade
• E) ethnocentrism

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Definitions:

Multisite Bargaining

Collective bargaining conducted on behalf of multiple locations of an employer, potentially streamlining negotiations but also complicating them due to differing local needs.

Permissive

Describes actions or conditions that are allowed or tolerated, especially in contexts where specific authorization or regulation may not exist.

Mandatory

Required or compulsory, indicating that certain actions, procedures, or measures must be followed or executed as per legal or organizational guidelines.

Illegal

Pertains to activities or actions that are prohibited by law.