The Practice of "Gift Giving" Between the Parties to a Business

question 111

Multiple Choice

The practice of "gift giving" between the parties to a business negotiation is considered right and proper behavior in many Asian cultures.However,some Westerners view the practice as a form of bribery,and therefore unethical,particularly if the gifts are substantial.This reflects that

• A)notions of ethics are universal.
• B)Asian countries are still under the influence of totalitarianism.
• C)what is ethical depends on one's cultural perspective.
• D)Asian cultures are more economically advanced.
• E)there is unanimous agreement about accepted employment practices.

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Definitions:

Workforce Skills

The abilities, knowledge, and expertise that employees bring to their work, contributing to the organization's capability to meet its objectives.

Competitive

Pertaining to the ability of organizations or individuals to outperform rivals in the market by offering superior value.

HR Supply

The availability of potential employee resources that a company can draw upon to meet its human capital needs.

Trust and Mutual Commitment

The belief in the reliability, truth, ability, or strength of a party, coupled with a pledge to maintain a relationship over time.