Q.4 Although bribery is illegal and counterproductive, public officials still demand bribes, and executives in the private sector remain tempted to pay up. In this context, discuss ways in which corporations can build a framework to eliminate the practice of offering kickbacks. (10 Marks)

Mentor’s Comments- Introduce with a short note on the practice of bribery and kickbacks. Highlight the prevalence of the two. Discuss ways of preventing the same, especially from the perspective of corporations/organizations dealing with officials who demand them. Conclude appropriately.