Question

Which of the following statements is a feature of the Foreign Corrupt Practices Act (FCPA)?

	A.	It prohibits U.S. corporations from involvement in international business dealings.
	B.	It prohibits U.S. corporations from making illegal payments to foreign governments.
	C.	It cannot prosecute cases of bribery
	D.	It offers significant advantages to U.S. businesses dealing in countries in which the use of illegal payments and bribes is acceptable.

Which of the following is one of the four major components of the pyramid of corporate social responsibility?

	A.	Opportunism
	B.	Self-dealing
	C.	Creativity
	D.	Philanthropy

Which term refers to a pricing policy whereby a firm charges a high introductory price, often coupled with heavy promotion?

	A.	Price skimming
	B.	Penetration pricing
	C.	Status quo pricing
	D.	Sales maximization

Answer 1

The correct option is:

B.	It prohibits U.S. corporations from making illegal payments to foreign governments.

A is not applicable because it does not restrict business dealings with a foreign countries.

C is incorrect as cases of bribery shall be prosecuted.

D is incorrect because it does not offer any advantage, rather punishes it.

The correct option is: Philanthropy

The correct option is Price Skimming