d271 5.3

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What was the response of McKinsey's team when a government official in Nigeria solicited a bribe to accelerate the work permit process?

They delayed the work permit process intentionally.

They reported the incident to the police.

They declined the offer of a bribe. (correct)

They accepted the offer and paid the bribe.

What was discovered about a local firm that McKinsey briefly explored a partnership with in South Africa?

It had a strong track record of business success.

It was linked to corrupt practices. (correct)

It was involved in charitable activities.

It was owned by a reputable individual.

According to Adesina, the president of the African Development Bank, what analogy does he use to describe the relationship between the private and public sectors?

A bird with two wings. (correct)

A plant with roots and branches.

A coin with two sides.

A puzzle with many pieces.

What does Deepak Singhal, CEO of Tolaram's Dufil Prima Foods, refer to when he mentions it takes a 'lionheart' to succeed in Africa?

Courage and resilience. Signup and view all the answers

What lesson did McKinsey learn from their experience with a potential partnership in South Africa?

The critical need for deeper context understanding. Signup and view all the answers

In what way does McKinsey suggest that companies can help improve the operating environment in Africa?

By actively engaging with governments and collaborating on national challenges. Signup and view all the answers

What is highlighted as a common trait among the most successful businesses in Africa according to McKinsey?

'Lionheart,' wisdom, fortitude, and community engagement. Signup and view all the answers

What is Adesina's view regarding the importance of governments and companies in Africa's development?

Governments and companies are complementary agents of transformation. Signup and view all the answers

How did McKinsey's response to the solicitation of a bribe in Nigeria influence future interactions with bribe takers?

Bribe takers stopped approaching them for payments. Signup and view all the answers

What is one key factor mentioned by McKinsey for companies looking to succeed in Africa?

A deep understanding of the context of potential engagements. Signup and view all the answers

d271 5.3

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Questions and Answers

What was the response of McKinsey's team when a government official in Nigeria solicited a bribe to accelerate the work permit process?

What was discovered about a local firm that McKinsey briefly explored a partnership with in South Africa?

According to Adesina, the president of the African Development Bank, what analogy does he use to describe the relationship between the private and public sectors?

What does Deepak Singhal, CEO of Tolaram's Dufil Prima Foods, refer to when he mentions it takes a 'lionheart' to succeed in Africa?

What lesson did McKinsey learn from their experience with a potential partnership in South Africa?

In what way does McKinsey suggest that companies can help improve the operating environment in Africa?

What is highlighted as a common trait among the most successful businesses in Africa according to McKinsey?

What is Adesina's view regarding the importance of governments and companies in Africa's development?

How did McKinsey's response to the solicitation of a bribe in Nigeria influence future interactions with bribe takers?

What is one key factor mentioned by McKinsey for companies looking to succeed in Africa?

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