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Buisness, Society, and Governm
Vocab for test #2 Chapter 9
4
Marketing
Undergraduate 3
10/30/2008

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Term
Bribes
Definition
More than any other form of corruption, have been the subject of continuing debate, and they merit closer examination. Bribes, or course, are illegal and unethical, but it is informative to consider the arguments that have been set forth for and against them. (pg. 311)
Term
Corruption Perception Index (CPI)
Definition
Depicts countries in various ways. In the Corruption Perception Index of 2003 the least corrupt countries were identified as Finland, Iceland, Denmark, New Zealand, Singapore, and Sweden. Out of countries ranked, the United States ranked 18th least corrupt, tied with Ireland. (pg. 314)
Term
Grease Payments
Definition
Or minor, facilitating payments to officials, for the primary purpose of getting them to do whatever they are supposed to do anyway. (pg 313)
Term
Outsourcing/Off shoring
Definition
First, it was manufacturing jobs. Recently, it has been technical obs including higher paying white-collar jobs in the information technology industry. Economists and social scientists on both sides of this issue are debating it continuously, but public opinion pools show outsourcing joubs abroad is unpopular. (pg. 295)
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