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What are some consequences of commercial bribery?Multiple select question.Total cost of ownership rises.Defects in quality are hidden.Buyers will pay higher prices than normal.Total cost of ownership decreases.

Question

What are some consequences of commercial bribery?Multiple select question.Total cost of ownership rises.Defects in quality are hidden.Buyers will pay higher prices than normal.Total cost of ownership decreases.

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Solution

The consequences of commercial bribery can include:

  1. Total cost of ownership rises: When bribery is involved, the overall cost of owning a product or service can increase. This is because the bribe is often factored into the final price of the product or service.

  2. Defects in quality are hidden: In some cases, bribery can lead to a decrease in the quality of products or services. This is because the bribe can be used to hide defects or shortcomings in the product or service.

  3. Buyers will pay higher prices than normal: As mentioned earlier, the cost of the bribe is often factored into the final price of the product or service. This means that buyers will end up paying more than they normally would for the product or service.

  4. Total cost of ownership decreases: This is not a consequence of commercial bribery. In fact, as mentioned earlier, the total cost of ownership is likely to increase due to commercial bribery.

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