Scenario - GCD Industries GCD Industries is a multinational organization that produces heavy equipment. It supplies many foreign nations with the necessary equipment to conduct reconstruction after natural disasters. One of the company's largest sales resulted from the devastation that occurred in Japan after the tsunami hit that nation. GCD is committed to helping nations recover from destruction brought about by natural phenomenon. GCD prides itself on conducting its business in an honest and ethical manner. It does not wish to deal with countries that engage in corrupt business practices, but realizes that all nations have differing business practices. When the need arises for its products, this company strives to impart integrity into all of its business deals with foreign nations regardless of that nation's accepted practices. GCD Industries attempts to always conduct its business in an ethical manner. It investigates the foreign nations in which it operates so it will be aware of any upcoming business practice differences such as corruption levels the company may face. Which one of the following is the most likely source of the information sought by GCD Industries?
A)CPI
B)WTO
C)CSR
D)WHO
E)FCPA

Question

Scenario - GCD Industries GCD Industries is a multinational organization that produces heavy equipment.  It supplies many foreign nations with the necessary equipment to conduct reconstruction after natural disasters.  One of the company's largest sales resulted from the devastation that occurred in Japan after the tsunami hit that nation.  GCD is committed to helping nations recover from destruction brought about by natural phenomenon. GCD prides itself on conducting its business in an honest and ethical manner.  It does not wish to deal with countries that engage in corrupt business practices, but realizes that all nations have differing business practices.  When the need arises for its products, this company strives to impart integrity into all of its business deals with foreign nations regardless of that nation's accepted practices. GCD Industries attempts to always conduct its business in an ethical manner.  It investigates the foreign nations in which it operates so it will be aware of any upcoming business practice differences such as corruption levels the company may face.  Which one of the following is the most likely source of the information sought by GCD Industries?    
A)CPI
B)WTO
C)CSR
D)WHO
E)FCPA

Quizplus · Accepted Answer

The Corruption Perceptions Index (CPI) is a global survey conducted by Transparency International which ranks countries based on their perceived levels of corruption. GCD Industries, in order to investigate the foreign nations it operates in and be aware of any upcoming business practice differences such as corruption levels, can use the CPI as a reliable source of information. The other options do not provide relevant information for this particular scenario; WTO (World Trade Organization) focuses on trade regulations, CSR (Corporate Social Responsibility) is about a company's ethical and responsible business practices, WHO (World Health Organization) deals with global health issues, and FCPA (Foreign Corrupt Practices Act) is a US law that addresses bribery of foreign officials by American companies.

Scenario - GCD Industries GCD Industries Is a Multinational Organization