Read the following Codes of Conduct, which are part of the Week 8 Learning Resources:
- Chartered Institute of Purchasing & Supply. (2013)Ethical and sustainable procurement[Online].Available from:https://www.cips.org/Documents/About%20CIPS/CIPS_Ethics_Guide_WEB.pdf(Accessed: 09 October 2014)
- Institute for Supply Management. (2012)Principles and standards of ethical supply management conduct with guidelines[Online]. Available from:https://www.ism.ws/files/SR/PrinciplesandStandardsGuidelines.pdf(Accessed: 09 October 2014)
To complete this Key Concept Exercise:
- For your Key Concept Exercise, write a paper that provides an evaluation of the importance of ethics in purchasing based upon the two codes of conduct. Explain how these standards impact buyer-seller relationships. (500 words)