An Alternative Strategy to Engaging in Bribery in International Investments

question 38

Multiple Choice

An alternative strategy to engaging in bribery in international investments include:

• A)Refuse bribery outright.
• B)Retain local advisors to diffuse requests for bribes.
• C)Educate management and local employees about the firm's bribery policy.
• D)all of the above

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Definitions:

Reality Shock

The feeling of surprise or dismay experienced when encountering situations that are starkly different from what was anticipated.

Socialization

The process by which individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their society or social group.

Role Management

The process of effectively understanding and balancing the multiple roles an individual may have within different contexts.

Organizational Socialization

The method by which new staff members acquire the necessary attitudes, knowledge, skills, and behaviors to operate successfully in a company.