Questions/Main Points for D&B Ch. 31- Ethical Considerations

Who issues the Principles and Standards of Purchasing Practice

 

Explain standards 1 3 4 5 7 9  & 10

 

What are the guidelines for business meals?

 

What is a "sharp practice?"  What are some examples of sharp practices?

 

What are the guidelines regarding competitive bidding?

 

What are management's 3 major responsibilities regarding purchasing ethics?