business gift and bribe
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Distinguish between a business gift and a bribe. Explain to your boss that the Rolex you received from your company's newly contracted agent in Dubai was a gift. Then answer the fax you just received from a competing agent offering better terms.
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The expert distinguishes between a business gift and a bribe.
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Business gifts are different bribes in the sense that unlike bribes, they are not given to seek favors from the recepient or to alter his behavior for obtaining preference over others in a business contract. In some cultures, business gifts, even expensive ones, can be given ...
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- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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