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 C, Problem 5.2SA
Summary Introduction
To explain: The Institute of Supply Management (ISM) ethics code mention accepting favors and gifts from suppliers.
Case summary:
Person BJ was just arriving back from lunch when the phone ran in which his wife explained about a clock being gifted to their home. Person BJ asked his wife Person N to repack the clock as it was sent by a supplier who was looking to win the contract from the company Person BJ is working in.
Purchasing ethics:
Purchasing professionals are a vital asset to an organization. The process involved in purchasing items for a company is vital for its success. A strict code of ethics is essential for the purchasing department to ensure that all vendors are treated equally.
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Cariveh Co sells automotive supplies from 25 different locations in one country. Each branch has up to 30 staff working there, although most of the accounting systems are designed and implemented from the company's head office. All accounting systems, apart from petty cash, are computerised, with the internal audit department frequently advising and implementing controls within those systems. Cariveh has an internal audit department of six staff, all of whom have been employed at Cariveh for a minimum of five years and some for as long as 15 years. In the past, the chief internal auditor appoints staff within the internal audit department, although the chief executive officer (CEO) is responsible for appointing the chief internal auditor. The chief internal auditor reports directly to the finance director. The finance director also assists the chief internal auditor in deciding on the scope of work of the internal audit department. You are an audit manager in the internal audit…
Cariveh Co sells automotive supplies from 25 different locations in one country. Each branch has up to 30 staff working there, although most of the accounting systems are designed and implemented from the company's head office. All accounting systems, apart from petty cash, are computerised, with the internal audit department frequently advising and implementing controls within those systems. Cariveh has an internal audit department of six staff, all of whom have been employed at Cariveh for a minimum of five years and some for as long as 15 years. In the past, the chief internal auditor appoints staff within the internal audit department, although the chief executive officer (CEO) is responsible for appointing the chief internal auditor. The chief internal auditor reports directly to the finance director. The finance director also assists the chief internal auditor in deciding on the scope of work of the internal audit department. You are an audit manager in the internal audit…
Chapter C Solutions
Purchasing and Supply Chain Management
Ch. C - Avion, Inc. Susan Dey and Bill Mifflin,...Ch. C - Prob. 1.2ACh. C - Prob. 1.3ACh. C - Prob. 1.4ACh. C - Prob. 1.5ACh. C - Avion, Inc. Susan Dey and Bill Mifflin,...Ch. C - Avion, Inc. Susan Dey and Bill Mifflin,...Ch. C - Prob. 1.8ACh. C - Prob. 1.9ACh. C - Prob. 1.10A
Ch. C - The Global Sourcing Wire Harness Decision Sheila...Ch. C - The Global Sourcing Wire Harness Decision Sheila...Ch. C - The Global Sourcing Wire Harness Decision Sheila...Ch. C - The Global Sourcing Wire Harness Decision Sheila...Ch. C - The Global Sourcing Wire Harness Decision Sheila...Ch. C - Prob. 3.1ACh. C - Prob. 3.2ACh. C - Prob. 3.3ACh. C - Prob. 3.4ACh. C - Prob. 3.5ACh. C - Prob. 3.6ACh. C - Prob. 3.7ACh. C - Prob. 3.8ACh. C - Prob. 3.9ACh. C - Prob. 3.10ACh. C - Prob. 3.11ACh. C - Prob. 3.12ACh. C - Prob. 3.13ACh. C - Prob. 5.1SACh. C - Prob. 5.2SACh. C - Prob. 5.3SACh. C - Prob. 5.4SACh. C - Prob. 5.1SBCh. C - Prob. 5.2SBCh. C - Scenario 3 Ben Gibson, the purchasing manager at...Ch. C - Scenario 3 Ben Gibson, the purchasing manager at...Ch. C - Scenario 4 Sharon Gillespie, a new buyer at...Ch. C - Scenario 4 Sharon Gillespie, a new buyer at...Ch. C - Scenario 4 Sharon Gillespie, a new buyer at...Ch. C - Prob. 6.2ACh. C - Prob. 6.3ACh. C - Prob. 6.4ACh. C - Prob. 6.5A
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