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Discuss the concepts associated with managing relationships

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Question 1. Distinguish between ethical and legal principles and practices and define your concept of ethical behavior as it relates to the purchasing and supply management function.

Question 2. Discuss the concepts associated with managing relationships with potential or existing suppliers and the value of sound contract management (contract administration) and the legal/moral implications of not doing so.

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The article describes the supply chain management and supply relationship management process. It also gives the brief overview on managing supply relation management and dealing contracts with the suppliers. The article is prepared in Microsoft word.

Reference no: EM131312104

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