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A Stockholm-based medicine company wishes to reduce kickbacks. For kickbacks to make economic sense, the supplier must find a way to recover the money spent

A Stockholm-based medicine company wishes to reduce kickbacks. For kickbacks to

make economic sense, the supplier must find a way to recover the money spent on it.

This usually is accomplished by inflating the price of subsequent purchases or by

substituting goods of inferior quality. Discuss three processes to prevent kickbacks.

(25 marks)

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