Strategy for ethical decision making:
- Organisation's policies may laid down the provisions for
various legislations and guidelines issuued by the goverenment for
fair trade practices.
- obligation to the society at large by stoping anti social
practices like oarding, black marketing and adultration etc.
- fair trade practices and right information to the customers
.
- correct information of financial position of company and
protecting the Assets of the shareholders.
- fair wages and opportunity to growth to the workers and
employees.
Strategy of Making Ethical decision by Purchaser
Purchaser department , it is important to take care few
guidelines while dealing with his authority;
- He should not take part in illegal activities like disturbing
the quotation, favoring some suppliers and customers, alter the
goods sample to get the approval of standardization.
- the firm's objectives should be kept in our mind while
purchasing the order.
- the transaction should be honestly , correctly and on time