Some ethical considerations that can be reflected in the permanence of treaties are cultural relativism and moral relativism. Strong contractual language against corruption and in the application of the company`s gift policies can prevent this behavior. In addition, strictly enforced procurement processes with contract management and procurement software can prevent malicious actors from forcing decision-makers in other ways. A code of ethics is a useful document for almost all types of business that serve the business well, among other important contracts. When developing a code of ethics, it is important to carefully consider the company`s values, goals, and potential challenges. The Code of Ethics can alleviate many problems by establishing clear rules and guidelines that employees consider when hiring. Honeyman, C. and Prof. J.
H. Wade. 2005. Negotiating Beyond Agreement and Commitment: Why Contracts Are Violated and How to Make Them Sustainable (20): 7-17. www.bond.edu.au/law (accessed October 15, 2007). Contracts. 2007. Learn how CLM technology can help you create good contract practices by downloading the Ultimate Guide to Contract Management. If one party has placed its trust in another party and that relationship is broken, the view of moral relativism will generally regard this situation as bad.
Undue influence is usually an act of dishonesty and/or deception in a situation where one party recognizes its power over the other and exploits it. Deception and deception are not considered ethical values inherent in a person. “Behave in a way that recognizes the profession and maintains confidence in the integrity of the contract management process. Is it ethical to bind someone to a contract if they were clearly unaware of what exactly they were signing and what they were committing to, out of ignorance or not? Is it ethical for a lawyer to encourage the signing of a document if he or she clearly does not understand the document well? A code of ethics is an important document for any established company. The early development and implementation of this Code will help to consolidate the values and morals of the company. Consider having your code of ethics reviewed by a contract lawyer before publishing it to make sure it is clear and easily enforceable. Here are five ways ethical contracting practices contribute to business goals. The reliability, accuracy, and comprehensive data reporting of contract management software create a level of “trust” with customers that cannot be achieved without automation. And within an organization, software with easy-to-use interface features can improve the perception of the value of contract management by helping internal stakeholders do their jobs better, faster, and with less effort.
Moral relativism considers that ethical norms, morality and positions of good or evil are based on culture. This therefore subjugates these views as the choice of an individual. While modern society was previously governed by a “Judeo-Christian” norm, this view was increasingly recognized as the main moral philosophy of modern society (Moral Relativism – Neutral Thought?. 2006). However, these “Judeo-Christian” norms continue to be the basis of civil law, as most people believe that good and evil are not absolutes, but are determined by the individual. In some cultural groups, such as Japan, the creation of a contract symbolizes the formation of an employment relationship rather than a legally binding agreement. Some groups will view the contract as flexible because, in the event of problems or problems, the parties reassess the obligations under the agreement and negotiate ways to maintain the relationship (Honeyman and Wade, 2007, p. 8). However, this is generally not the “Western” view of treaties. The National Contract Management Association`s Code of Ethics calls on professionals in the contract management industry to “continually improve their expertise and job performance in the area of contract management.” Many companies use procurement as a way to support their values.
==References=====External links===The government supports supplier diversity and requires, among other things, that 23% of its contracts be awarded to small businesses. Such goals often cannot be enforced with a single contract, but require an enterprise-wide supplier management system to ensure that the company achieves its goals. In concrete terms, supply contracts and strategic procurement technologies are essential assets to promote ethical behaviour. Good contractual practices can reinforce ethics by coding and enforcing business rules. With a contract-driven mindset, procurement can be at the forefront of business ethics and pave the way for the business benefits of ethical behavior. In terms of moral relativism, most people would agree that it is ethically reprehensible to use wealth to control a situation and “force” people to renegotiate clauses in contracts if they can`t afford the legal bill that comes with a dispute. However, since moral relativism is subject to its own beliefs about what is right and wrong, some do not see the use of wealth as a means of control as the wrong thing. In such situations, the “little man” usually loses and eventually succumbs to the power of the other party or parties. To be a legally binding contract, most contracts must contain two elements: Here are the reasons for the violations and how these ethical considerations can affect them. In most of these situations, the law may not coincide with moral or cultural relativism, granting what people generally consider “right” or “wrong.” It is therefore imperative that contracts be made as durable as possible so that the parties are not able to find legal “loopholes” and use their power, wealth, ignorance or cultural differences to cancel contracts. By following these descriptions, you will find a list of ways to make contracts more sustainable. A code of ethics exceeds the limits of the law and specifies many activities that are not prohibited by law and yet are prohibited within the specified group.
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