L3M2 Ethical Procurement and Supply Recap Week 6

A Conflict of Interest (CoI) can be presented in two ways...Choose TWO that apply

• Genuine and Real

• Actual and Perceived

• Likely and Possible

• Professional and Privaate

 ‘The act of drawing the attention of someone in authority, to an alleged instance of unethical conduct’, is called:

• Whistle stopping

• Whistling in the wind

• Whistle blowing

• Wetting one's whistle

You have recently moved into the procurement department at your company, having earlier worked in the finance area in the same company for five years. You have decided to set up home with your partner, and you will need additional money to buy furniture, furnishings, etc. A friend has offered you extra part-time work at weekends, helping serve meals in their small family restaurant. Do you:

• Advise your friend you’ll consult your employer, and let your friend know as soon as possible?

• Accept the extra work, and let your employer know?

• Decline the work on the basis that there is a potential conflict of interest (you may not work so effectively without weekend time off to relax)?

• Accept the extra work, and say nothing to your employer?

You work as a buyer for a large international corporation. You are currently involved in managing a high-value tender, and one of the potential bidders offers to take you to a horse-racing event, with all expenses paid. The offer is for you alone; not for colleagues in your organisation. What do you do?

• Accept

• Tentatively accept without checking with your employer and refer back

• Tentatively accept without your Org Code of Ethics and refer back

• Decline

What is the 4th missing D... Disclose, Distance, Delegate and...

• Discriminate

• Discombobulate

• Dislocate

• Disassociate

A supplier is deemed to have breached the customer's ethical code. The buyer should...

• have a quiet word with his supplier contact

• make a note on the suppliers file for future reference

• do nothing - this is outside of the customers authority

• escalate to a senior manager in their Org immediately to maintain business integrity

Imagine that the Chief Executive of a UK bank attempted to learn the name of a whistleblower within the bank - the whistleblower had earlier reported wrongdoing within the bank to the state banking authorities anonymously. Trying to find the name of the whistleblower was a breach of the organisation’s internal protocol which guaranteed anonymity to whistleblowers.

Imagine the regulatory authorities in both the UK and the US took action as a result.

What is the most likely action which would be taken by the authorities?

• The bank was closed down

• The Chief Exec was imprisoned

• The bank was fined a substantial sum

• No further action - nothing happened

Which is the missing quadrant from the Trust Matrix...Trust, Distrust, Respect and...

• Affection

• Adoration

• Accomodation

• Accomodate

Human slavery could include:

• Working 8 hours a day in good conditions for fair pay

• Working inside a well ventilated warehouse with regular breaks

• Working outside in wet weather

• Working 16 hours a day in dirty, unsafe conditions for no pay

Promoting the eradication of unethical business relationships is a section in which code

• CIPS Code of Procurement and Supply

• CIPS Code of Conduct

• CIPS Code of Behaviours

• CIPS Code of Ethics