Question: Read the article below and answer the question below: Treasury bans Bain and Co. from public sector contracts for a decade National Treasury has banned

Read the article below and answer the question below: Treasury bans Bain and Co. from public sector contracts for a decade National Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS). The ban will run from 5 September 2022 until 4 September 2032. "This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector." Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach". The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. Source: Cronje, J. 2022. Treasury bans Bain and Co. from public sector contracts for a decade. Available from: https://www.news24.com/fin24/companies/breaking-treasury-bans-bain-cofrom- public-sector-contracts-for-a-decade-20220929 (accessed 25 October 2022).

Question

Explain the relevance of transformational leadership within the context of recent developments at Bain and Company. Structure your answer around the four components of transformational leadership as proposed by Bass and Avolio.

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