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The Role of Businesses in Combating Bribery

Description: This quiz assesses your understanding of the role businesses play in combating bribery.
Number of Questions: 15
Created by:
Tags: business ethics anti-bribery corporate social responsibility
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What is the primary reason why businesses should combat bribery?

  1. To avoid legal penalties

  2. To protect their reputation

  3. To maintain a competitive advantage

  4. To increase profits

Show answer
Correct Option: B
Explanation:

Bribery can damage a business's reputation and lead to loss of customers and investors.

Which international convention is widely recognized as the most comprehensive anti-bribery treaty?

  1. The United Nations Convention against Corruption (UNCAC)

  2. The Organisation for Economic Co-operation and Development (OECD) Convention on Combating Bribery of Foreign Public Officials in International Business Transactions

  3. The World Bank's Anti-Corruption Framework

  4. The International Monetary Fund's (IMF) Code of Good Conduct for Public Officials

Show answer
Correct Option: A
Explanation:

The UNCAC is a legally binding treaty that requires countries to take measures to prevent and combat corruption, including bribery.

What is the main purpose of an anti-bribery policy?

  1. To establish clear rules and procedures for employees to follow

  2. To demonstrate the company's commitment to ethical business practices

  3. To reduce the risk of bribery occurring

  4. All of the above

Show answer
Correct Option: D
Explanation:

An anti-bribery policy should serve all of these purposes.

Which of the following is NOT a common type of bribery?

  1. Commercial bribery

  2. Political bribery

  3. Extortion

  4. Facilitation payments

Show answer
Correct Option: D
Explanation:

Facilitation payments are small payments made to expedite routine government services and are generally not considered to be bribery.

What is the term used to describe the practice of paying bribes to obtain or retain business?

  1. Commercial bribery

  2. Political bribery

  3. Extortion

  4. Greasing the wheels

Show answer
Correct Option: A
Explanation:

Commercial bribery is the payment of a bribe to a businessperson in order to obtain or retain business.

What is the term used to describe the practice of paying bribes to government officials?

  1. Commercial bribery

  2. Political bribery

  3. Extortion

  4. Greasing the wheels

Show answer
Correct Option: B
Explanation:

Political bribery is the payment of a bribe to a government official in order to influence their decision-making.

What is the term used to describe the practice of demanding a bribe in exchange for performing a duty?

  1. Commercial bribery

  2. Political bribery

  3. Extortion

  4. Greasing the wheels

Show answer
Correct Option: C
Explanation:

Extortion is the practice of demanding a bribe in exchange for performing a duty.

What is the term used to describe the practice of making small payments to expedite routine government services?

  1. Commercial bribery

  2. Political bribery

  3. Extortion

  4. Greasing the wheels

Show answer
Correct Option: D
Explanation:

Greasing the wheels is the practice of making small payments to expedite routine government services.

Which of the following is NOT a common method used by businesses to combat bribery?

  1. Implementing an anti-bribery policy

  2. Conducting risk assessments

  3. Providing training to employees

  4. Establishing a whistleblowing hotline

Show answer
Correct Option:
Explanation:

All of the above are common methods used by businesses to combat bribery.

What is the main purpose of a risk assessment in the context of anti-bribery?

  1. To identify the risks of bribery that a business faces

  2. To develop strategies to mitigate those risks

  3. To ensure that the business is compliant with anti-bribery laws

  4. All of the above

Show answer
Correct Option: D
Explanation:

A risk assessment should serve all of these purposes.

What is the main purpose of training employees on anti-bribery?

  1. To raise awareness of the risks of bribery

  2. To provide employees with the knowledge and skills they need to avoid bribery

  3. To ensure that employees are aware of the company's anti-bribery policy

  4. All of the above

Show answer
Correct Option: D
Explanation:

Training should serve all of these purposes.

What is the main purpose of a whistleblowing hotline in the context of anti-bribery?

  1. To provide employees with a safe and confidential way to report suspected bribery

  2. To investigate reports of suspected bribery

  3. To take appropriate disciplinary action against employees who engage in bribery

  4. All of the above

Show answer
Correct Option: D
Explanation:

A whistleblowing hotline should serve all of these purposes.

What are the potential consequences for a business that engages in bribery?

  1. Legal penalties

  2. Damage to reputation

  3. Loss of customers and investors

  4. All of the above

Show answer
Correct Option: D
Explanation:

Bribery can lead to all of these consequences.

What are the potential benefits for a business that combats bribery?

  1. Improved reputation

  2. Increased customer and investor confidence

  3. Reduced risk of legal penalties

  4. All of the above

Show answer
Correct Option: D
Explanation:

Combating bribery can lead to all of these benefits.

What is the role of businesses in promoting transparency and accountability in government?

  1. To advocate for anti-corruption laws and regulations

  2. To report instances of corruption to the authorities

  3. To refuse to pay bribes

  4. All of the above

Show answer
Correct Option: D
Explanation:

Businesses can play a role in promoting transparency and accountability in government by taking all of these actions.

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