Answer: Institute for Supply Management
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Which organization has developed principles and standards to be used as guidelines for ethical behavior?
purchasing contracts that address price fluctuations. A lawnmower assembly plant uses a variety of nuts bolts screws and other fasteners in its operation . Its supplier delivers these items directly to the point of use on the assembly line and ensures that there are always sufficient quantities of fasteners to maintain the production schedule.
CODE OF ETHICS / PRINCIPLES OF ETHICAL BEHAVIOR A Code of Ethics is the set of rules or principles that govern right conduct. Purpose: This Code sets forth ethical principles to be used in and applied to the fi eld of Quality Assurance/Utilization Review and in an equal manner to the professional conduct of the following: 1.
From these principles our standards are established to (1) encourage adherence to uncompro - mising ethical behavior (2) increase awareness and acceptance of ethical conduct and (3) emphasize the role of ethics when formulating decisions. These standards are guidelines for use by all who manage or influence the supply chain .
What the OECD Guidelines for Multinational Enterprises does offer are principles and standards of behavior that draw on the same core values as the UN Global Compact across a broader series of issues captured in 10 chapters.
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