KWAME NKRUMAH UNIVERSITY OF SCIENCE AND TECHNOLOGY -KUMASI CENTER COLLEGE OF HUMANITIES AND SOCIAL SCIENCES KNUST SCHOOL OF BUSINESS DEPARTMENT OF SUPLLY CHAIN AND INFORMATION SYSTEMS LOGISTICS AND SUPPLY CHAIN MANAGEMENT(REGULAR) GROUP 88 MAS 261-PRINC

KWAME NKRUMAH UNIVERSITY OF SCIENCE AND TECHNOLOGY -KUMASI CENTER COLLEGE OF HUMANITIES AND SOCIAL SCIENCES KNUST SCHOOL OF BUSINESS DEPARTMENT OF SUPLLY CHAIN AND INFORMATION SYSTEMS LOGISTICS AND SUPPLY CHAIN MANAGEMENT(REGULAR) GROUP 88 MAS 261-PRINCIPLES OF MANAGEMENT.

BRIBERY AND CORRUPTION.

BRIBERY AND CORRUPTION IN BIBLE.

BRIBERY AND CORRUPTION IN THE BIBLE. Bribery and corruption started in the early days and the Bible considers both as not a minor sin but a predominate subject. Some bible verses that talks about bribery and corruption are; “ You shall not take bribe, for bribe blinds the clear sighted and subverts the cause of the just”(Exodus 23:8) “a wicked man accepts bribe behind the back to pervert the ways of justice”(Proverbs 17:23).

CORRUPTION.

CORRUPTION. The word “Corruption” is derived from the Latin word “ corruptus ” ,which means “corrupted” and in legal terms it means the abuse of entrusted power or position of authority for private material or social gain at the expense of others. Corruption compromises the rights and privileges of others..

BRIBERY.

BRIBERY. The word “Bribery” is derived from the Old French word “briber” or “ brimber ” which was later transferred to the late Middle English as “bribe”. Bribery can be defined as money or a gift given to a person to make a difference in a person’s judgement or behavior . Some examples of bribery include; A manufacturing firm paying foreign officials, money for preferential treatment or to smuggle unregistered goods across borders. A professional sports franchise bribes an official for preferential treatment or to fix the outcome of the contest.

CAUSES OF BRIBERY AND CORRUPTION. Political Economic Space Professional ethics and law Failure to prosecute Greediness.

EFFECTS OF BRIBERY AND CORRUPTION. Public and Private dysfunctionality Reduction in tax revenue Bribery and corruption tend to drive the formation of government spending on fixed assets needed for health and education, as there are fewer opportunities to get commission than in others, perhaps unnecessary jobs Reputational Damage.

RECOMMENDED WAYS TO CURB BRIBERY AND CORRUPTION.

1. Review Anti-Bribery and Corruption policies ..

2 . Find the tone from the top.

3 . Embed Anti-Bribery and Corruption(ABAC) principles in business culture.

4 . Conduct due diligence on all third parties.

5. Report bribery and corruption concerns immediately.

CONCLUSION. From our interview, the interviewee sighted an example from the Bible about when Judas took a bribe in the form of silver coins to betray Jesus Christ and he also talked about how as children we took bribes from our brothers and cover up an offense they’ve committed. So here, he further explained that the silver coins Judas took influenced his decisions and led him to betray Jesus. He also made mention of the numerous cases about bribery and corruption. He concluded by saying “ there have been numerous of solutions for bribery and corruption but most of them are theoretical but not practical and therefore bribery and corruption cannot be curbed totally but rather can be reduced..

THANK YOU.