Asked by Lunghile Abigail on Jun 09, 2024

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The Institute for Supply Management

A) establishes laws and regulations for supply management.
B) is an agency of the United Nations charged with promoting ethical conduct globally.
C) publishes the principles and standards for ethical supply management conduct.
D) prohibits backward integration into developing economies.
E) is an agency of USMCA's Ethics Bureau.

Institute For Supply Management

A non-profit organization that conducts research and publishes reports on supply management practices.

Ethical Supply Management

The practice of considering moral and ethical principles in the management and procurement processes of the supply chain, focusing on sustainability, fair labor practices, and responsible sourcing.

  • Recognize ethical considerations and standards within supply chain management.
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IA
Irmadela AyuriestaJun 12, 2024
Final Answer :
C
Explanation :
The Institute for Supply Management (ISM) is an organization that provides education, research, and standards for the supply management profession. One of their main functions is publishing the principles and standards for ethical supply management conduct. Option A is incorrect as ISM does not have the authority to establish laws and regulations. Option B is also incorrect as ISM is not a UN agency. Option D is incorrect as ISM does not have the power to prohibit backward integration. Option E is a fictitious organization and therefore incorrect.