Ethical Dilemmas in Contract Management

Description

This Skill Bit shows that in contract management, ethical dilemmas can pose some challenges:​

Conflict of Interest arises when personal interests conflict with duties.​ Bribery and Corruption undermine contract integrity.​ Data Privacy breaches ethical and legal standards.​ Supplier and Vendor Relationships may involve preferential treatment.​ Recognizing and addressing these dilemmas ensures ethical conduct in contract management.

Duration approx. 2 Min.

Tier: basics