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

Question

Quizplus · Accepted Answer

Refusing bribery outright is the most effective strategy, but it may lead to losing business opportunities. Retaining local advisors to diffuse requests for bribes can also be useful in mitigating the pressure to offer bribes. Educating management and local employees about the firm's policy on bribery will create a culture of transparency and ethical behavior within the organization. Using a combination of these strategies is the best approach for mitigating the risk of bribery in international investments. Therefore, the best answer is D.

An Alternative Strategy to Engaging in Bribery in International Investments