Corruption in BusinessOnline version Test your knowledge about corruption in the business world! by sarah ayyad 1 Corruption in business can have severe legal consequences. Yes No 2 Corruption only occurs at the highest levels of a business. Yes No 3 Transparency and accountability are not necessary in business. Yes No 4 Corruption can hinder economic growth. Yes No 5 Corruption is not a significant issue in the business world. Yes No 6 Corruption can lead to unfair competition. Yes No 7 Bribery is a form of corruption in business. Yes No 8 Corruption can occur at all levels of a business. Yes No 9 Bribery is a legal practice in some countries. Yes No 10 Transparency and accountability are important in preventing corruption. Yes No 11 Corruption can damage a company's reputation. Yes No 12 Corruption undermines trust in the business sector. Yes No 13 Corruption promotes fair competition. Yes No 14 Corruption can result in economic instability. Yes No 15 Corruption has no impact on trust in the business sector. Yes No 16 Corruption has no effect on economic stability. Yes No 17 Corruption has a positive impact on economic growth. Yes No 18 Corruption has no consequences for a company's reputation. Yes No 19 Corruption in business is rarely prosecuted. Yes No 20 Corruption is a common problem in many industries. Yes No