1. What responsibility does an organization have to ensure that its suppliers and business partners behave ethically?...
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Question:
1. What responsibility does an organization have to ensure that its suppliers and business partners behave ethically? To whom is this responsibility owed?
2. How can an organization monitor the business practices of its suppliers and business partners to determine if they are behaving in an ethical manner?
3. Is it a good business practice to refuse to do business with a supplier who provides good quality materials at a low cost but who behaves in an unethical manner? How can senior management justify its decision to do business instead with a supplier who provides lower-quality or higher-priced materials but behaves in an ethical manner?
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