Question

When is it considered ethical to pay a commission to a person who has been of help in concluding a difficult transaction?

a.

Never, it is always unethical to pay a commission

b.

Only if the commission is called consulting fees

c.

Only if the person receiving the commission is not connected with the deciding authority

d.

It depends on the circumstances

Answer: (d).It depends on the circumstances Explanation:There are several grey areas. It is usually considered ethical to pay commission to a person who has been of help in concluding a difficult transaction. Sometimes, such commission is called consulting fees, which is also legitimate.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. When is it considered ethical to pay a commission to a person who has been of help in concluding a difficult transaction?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. When does a relationship become improper and is considered corruption?

Q. What is the suggested approach for officers in the context of corruption in Government?

Q. What is the difference between propriety and legality in the context of whistle-blowing?

Q. What protects whistle-blowers from punitive action by the employer in India?

Q. What are organisational values?

Q. Which of the following is an example of an individual in an organisational role conducting themselves in accordance with organisational values?

Q. How are disputes about code violations in organisations adjudicated?

Q. Who sets the values of an organisation?

Q. Which factor affects organisational values more strongly?

Q. What does ethics in business relate to?

Q. How are ethics observable in business decisions?

Q. What is an example of a decision that may have opposite impacts on different components of the environment?

Q. Why do some wage policies create difficulties in getting and retaining skilled personnel?

Q. What is the reason for some companies refusing to deal with certain manufacturers?

Q. What is the difference between spirituality and religiosity?

Q. What is the basis of spirituality?

Q. What is the effect of true spirituality on one's behavior?

Q. How does spirituality promote identification of oneness?

Q. How is spirituality different from religiosity?

Q. In what way does spirituality promote ethical behavior?

Recommended Subjects

Are you eager to expand your knowledge beyond IC90 Human Resource Management? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!