It is, of course, true that a refusal to bribe will sometimes lead to the loss of business, but there are also many people who will prefer to deal with a company which has a strong no-bribery policy. Bribery and corruption can be active or passive. Active bribery and corruption involve offering or seeking money, pledges or benefits in exchange for favours. Passive bribery and corruption involve a person accepting gifts, money, pledges or benefits in exchange for which the person who accepts misuses his position by favouring the giver. Enticement is when something is corruptly offered.
Extortion is when something is corruptly demanded.
Bribery and corruption lead to a society where economic and political decisions become twisted. They slow social progress, hamper economic development and drive up prices for products and services. A corrupt society is an unequal and unfair society.