What Is the Maximum Fine That Can Be Imposed Against

question 8

Multiple Choice

What is the maximum fine that can be imposed against a company for violation of The Foreign Corrupt Practices Act?

• A) $100,000
• B) $500,000
• C) $1,000,000
• D) Only individuals, not companies, can be fined for violating The Foreign Corrupt Practices Act.

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Definitions:

Larger Organization

Refers to a business or entity that operates on a significant scale, having extensive reach, resources, personnel, and complexity.

Classical Approach

A theory of management that emphasizes a structured, formal organization and the importance of efficiency and productivity.

Scientific Management

A theory of management that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity.

Bureaucratic Organization

A structured and formal organization where rules, hierarchical structure, and detailed procedures guide operations and decision-making.