Ethics and Bribery in Society

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Questions and Answers

What does many people think is necessary to ensure smoother operation of society?

  • Paying bribes occasionally (correct)
  • Volunteering in community services
  • Promoting honesty and integrity
  • Implementing stricter laws

Why is the secrecy of both the payer and recipient of bribes considered significant?

  • To increase transparency in transactions
  • To avoid misunderstandings in business deals
  • Because it indicates that the behavior is generally viewed as improper (correct)
  • Because it shows mutual trust

What term is often used to describe corruption as an ethical problem?

  • Competitive advantage
  • Societal enhancement
  • Behavioral issue (correct)
  • Professionalism boost

Why do some individuals view corruption as a 'sinful' act?

<p>It is perceived as a wrongdoing (B)</p> Signup and view all the answers

Who are cited as having good opportunities to extract extra income in corrupt practices?

<p>Lower operational staff in government service (D)</p> Signup and view all the answers

What is often believed to be lost if individuals do not engage in occasional gift-giving or bribery?

<p>Job opportunities (D)</p> Signup and view all the answers

What is a common illegal practice that is often associated with corruption?

<p>Money laundering (C)</p> Signup and view all the answers

Who can be involved in corruption according to the text?

<p>Individuals and businesses (A)</p> Signup and view all the answers

Which scenario describes bribery as mentioned in the text?

<p>A salesman offering incentives to secure business deals (A)</p> Signup and view all the answers

What is the impact of corruption on vulnerable populations?

<p>Exacerbation of inequalities and suffering (B)</p> Signup and view all the answers

What is the main motivation behind corruption according to the text?

<p>Personal financial gain (C)</p> Signup and view all the answers

In what way does extortion manifest itself in corrupt practices?

<p>Local officials demanding bribes for providing essential services (B)</p> Signup and view all the answers

What is an example of over-persuasion in selling a product?

<p>Convincing a person to buy what he does not need just because he has the money to spend (C)</p> Signup and view all the answers

What unethical practice involves holding directorial positions in two or more companies doing business with each other?

<p>Interlocking Directorship (B)</p> Signup and view all the answers

In what unethical practice does a person with access to confidential information use it to trade in shares and securities of a corporation for personal gain?

<p>Insider Trading (C)</p> Signup and view all the answers

What form of unethical practice involves huge per diems and bonuses that are not commensurate with the services provided?

<p>Plain graft (A)</p> Signup and view all the answers

Which unethical practice involves convincing someone to make a purchase based on intense emotional agitation?

<p>Playing upon intense emotional agitation to convince a person to buy (B)</p> Signup and view all the answers

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