According to the Text,which of the Following Is NOT a Consequence

question 22

Multiple Choice

According to the text,which of the following is NOT a consequence of corruption?

• A)Companies typically make up the bribe by increasing the contract price.
• B)Companies use poorer quality materials to make up for the bribe.
• C)Companies devote some of the bribe to socially responsible causes.
• D)Corruption can also result in collusions among firms.

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Definitions:

Value-Added

The enhancement a company gives its product or service before offering the product to customers, which can differentiate a company in the market, increase product value, and command a higher price.

Design Engineering

The branch of engineering focused on the design, development, and testing of products, systems, or structures, ensuring they meet specified requirements.

External Failure Cost

Costs incurred when a product or service fails to meet quality standards after it is delivered to the customer, including returns, repairs, and warranty claims.

Non-Value-Added

Activities or processes that do not add any significant value to the final product or service from the customer's perspective.