Which of the following can be interpreted as a normal business practice by some cultures but a form of bribery by others?
This is a facilitation payment. It's when a sum of money is given for 'helping to facilitate' a contract. E.g. a procurement manager may accept a facilitation payment from a supplier for selecting him to be a new supplier for a big contract.
In the UK this is definitely considered a bribe. It's also against the CIPS Code of Conflict
Peggy
3 days agoRuthann
5 days agoErick
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13 days agoRosendo
14 days ago