Paper Topic:

Purchasing ethics

Purchasing Ethics

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Purchasing ethics refers to rules and regulations as well as guidelines that should be observed by all purchasing professionals . Most organizations or institutions have a well stipulated code of ethics that ensures all activities in that organization are carried out in a morally and an acceptable manner . Observing proper ethics is very important as it does not only enhance the success of the institution but also the public image . Although ethics is applicable in every area , application of the same

in purchasing is very important because situations that call for judgment of right or wrong are rampant in the same department

Studies of Wood (1995 ) indicate that though purchasing ethics has been observed in United States , it is still a mater of concern since some unethical practices like accepting gifts are still widespread . Due to this , the profitability and the public image of the organizations are greatly affected as well as the reputation of the purchasing professionals . In United States , their reputation has been ruined and they have been labeled as unethical and dishonest individuals (Forker 1990 . As a result , as stated by Banks McDowell , professional associations are worried about the public image of purchasing professionals as unethical . Since there is a lot of evidence indicating the same , this essay shall argue for the statement that public image of purchasing professionals is unethical

In America , there are a number of professional associations that deal directly with purchasing professionals . For instance , American Purchasing Society...

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