Purchasing and Supply Chain Management
6th Edition
ISBN: 9781285869681
Author: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher: Cengage Learning
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Question
Chapter 3, Problem 5DQ
Summary Introduction
To discuss: The concept of ethics and why purchasing profession is sensitive to ethics.
Introduction: Policy statement is a set of methods or behaviors that are accepted in an organization. It would provide a guideline to the employees on the things to do in an organization for a specific purpose, which would stabilize the conduct of every employee.
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Understand why it is so important for purchasing to act in an ethical manner, and identify the risks ofunethical behavior
Discuss the potential situations in which purchasing professionals might be guilty of conflict of interest.
discuss the concept of ethics and why is important in purchasing profession
Chapter 3 Solutions
Purchasing and Supply Chain Management
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