USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Some big businesses used ____ practices that hurt other businesses or their own workers.
A
Ethical
B
Fair
C
Sincere
D
Corrupt
Explanation: 

Detailed explanation-1: -Forms of corruption vary, but can include bribery, lobbying, extortion, cronyism, nepotism, parochialism, patronage, influence peddling, graft, and embezzlement.

Detailed explanation-2: -Examples of FCPA accounting violations include failing to implement internal controls, to keep accurate books and records, to conduct appropriate audits of payments, and to implement sufficient anti-bribery compliance policies.

Detailed explanation-3: -In a business context, corruption can include false or misleading financial reporting, procurement fraud, embezzlement, bribery, and a range of other acts.

Detailed explanation-4: -The most common types or categories of corruption are supply versus demand corruption, grand versus petty corruption, conventional versus unconventional corruption and public versus private corruption.

There is 1 question to complete.