BUS 303 FINAL EXAM QUESTIONS AND
ANSWERS GUARANTEED PASS 2025
BRIBERY AND CORRUPTION:
2. Question: This organization provides regular information and data regarding the extent
of corruption and bribery in countries around the world: Answer: b. Transparency
International (TI)
3. Question: Why was Siemens liable to prosecution under US law for violations of the
Foreign Corrupt Practices Act (FCPA) despite the fact that it is a German company?
Answer: b. Siemens is listed on the New York Stock Exchange
4. Question: Which of the following actions would NOT be illegal under US anti-bribery
law? Answer: c. Payment to a government official to facilitate routine business (e.g.
permits)
5. Question: Definitions of bribery and corruption that include a distinction between
"public" and "private" realms of life rest on the following cultural value dimension:
Answer: b. Specific-diffuse
6. Question: What business sector has the highest perceived frequency of bribery? Answer:
c. Construction, public works
7. Question: What characteristic of business sectors is NOT generally associated with high
levels of corruption? Answer: b. Sectors with open and transparent competitive bidding
processes
8. Question: The consequences of corruption for countries where it is widely practiced
include all of the following EXCEPT these two: Answer: b. Low cost, high quality
products Answer: e. High levels of political stability
, 9. Question: Which dimension of corruption is more difficult for companies to deal with
when it is present at a high level in a country? Answer: b. Arbitrary corruption
10. Question: What ethical framework evaluates activities like corruption based on its costs
or consequences? Answer: c. Teleology or consequential systems
11. Question: What characteristics of a country are generally considered to contribute to
high levels of corruption? Answer: 1. Low level of economic development Answer: 2.
Large government role in economy Answer: 5. Low level of economic, political and
social change in the country
12. Question: Besides actually paying bribes to officials of foreign governments, what
actions does the FCPA prohibit? Answer: b. Making false or misleading entries on a
company's books
13. Question: If a company uncovers potential FCPA violations, what three steps can it take
to gain leniency from the US Department of Justice (DOJ) under its Corporate
Enforcement Policy? Answer: 1. Make voluntary disclosure of wrongdoing to DOJ
Answer: 2. Cooperate with investigators Answer: 3. Make improvements to the
company's compliance programs
GLOBAL LOGISTICS AND SUPPLY CHAIN MANAGEMENT:
15. Question: According to Richard Baldwin, what factor contributed to the "first
unbundling" (physical separation of consumption from production) in the globalization
process? Answer: c. Lower transport costs arising from the advent of steam power
16. Question: The "second unbundling" about 1990 of the links in the global supply chain
had the following characteristics: Answer: 1. ICT technology lowered costs of moving
ANSWERS GUARANTEED PASS 2025
BRIBERY AND CORRUPTION:
2. Question: This organization provides regular information and data regarding the extent
of corruption and bribery in countries around the world: Answer: b. Transparency
International (TI)
3. Question: Why was Siemens liable to prosecution under US law for violations of the
Foreign Corrupt Practices Act (FCPA) despite the fact that it is a German company?
Answer: b. Siemens is listed on the New York Stock Exchange
4. Question: Which of the following actions would NOT be illegal under US anti-bribery
law? Answer: c. Payment to a government official to facilitate routine business (e.g.
permits)
5. Question: Definitions of bribery and corruption that include a distinction between
"public" and "private" realms of life rest on the following cultural value dimension:
Answer: b. Specific-diffuse
6. Question: What business sector has the highest perceived frequency of bribery? Answer:
c. Construction, public works
7. Question: What characteristic of business sectors is NOT generally associated with high
levels of corruption? Answer: b. Sectors with open and transparent competitive bidding
processes
8. Question: The consequences of corruption for countries where it is widely practiced
include all of the following EXCEPT these two: Answer: b. Low cost, high quality
products Answer: e. High levels of political stability
, 9. Question: Which dimension of corruption is more difficult for companies to deal with
when it is present at a high level in a country? Answer: b. Arbitrary corruption
10. Question: What ethical framework evaluates activities like corruption based on its costs
or consequences? Answer: c. Teleology or consequential systems
11. Question: What characteristics of a country are generally considered to contribute to
high levels of corruption? Answer: 1. Low level of economic development Answer: 2.
Large government role in economy Answer: 5. Low level of economic, political and
social change in the country
12. Question: Besides actually paying bribes to officials of foreign governments, what
actions does the FCPA prohibit? Answer: b. Making false or misleading entries on a
company's books
13. Question: If a company uncovers potential FCPA violations, what three steps can it take
to gain leniency from the US Department of Justice (DOJ) under its Corporate
Enforcement Policy? Answer: 1. Make voluntary disclosure of wrongdoing to DOJ
Answer: 2. Cooperate with investigators Answer: 3. Make improvements to the
company's compliance programs
GLOBAL LOGISTICS AND SUPPLY CHAIN MANAGEMENT:
15. Question: According to Richard Baldwin, what factor contributed to the "first
unbundling" (physical separation of consumption from production) in the globalization
process? Answer: c. Lower transport costs arising from the advent of steam power
16. Question: The "second unbundling" about 1990 of the links in the global supply chain
had the following characteristics: Answer: 1. ICT technology lowered costs of moving
