The OECD Anti-Bribery Convention Does Not View Small "Facilitation" Payments

question 24

True/False

The OECD Anti-Bribery Convention does not view small "facilitation" payments that are not made to "obtain or retain business" as an offense.

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Definitions:

Employee Behavior

The actions and conduct of individuals within an organization, which can affect the workplace environment and productivity.

Transformation Processes

The series of actions or operations that convert inputs into outputs, adding value in manufacturing or service delivery.

Service Business

A business that provides intangible products or services to consumers instead of selling physical goods.

Transformation Processes

The sequences of actions or operations that convert inputs into finished goods or services, altering the state, composition, or condition.