Which of the following is true of the business community's view about payoffs?
A. The decision to pay a bribe is ethical in the business world.
B. During the 1970s, the United States had strict laws against paying bribes in foreign countries.
C. The Securities and Exchange Commissions requires all types of corporations to report their expenditures.
D. Payoffs are restricted to the multinational companies headquartered in the United States.
E. Many global competitors perceive payoffs as a necessary means to accomplish business goals.
Answer: Many global competitors perceive payoffs as a necessary means to accomplish business goals.