Dictionary of Procurement Terms

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Search Results: 1-3 of 3 results for “Ethics”
  • Code of Ethics

    A guide to acceptable and ethical behavior as defined by an organization or public body. A standard of behavior adopted by an organization. Written policies or guidelines which apply to the ethical behavior of members of an organization, business, or public entity. (NASPO, 2001)
  • Ethics

    1. A principle of right or good conduct or a body of such principles. 2. A system of moral principles or values. 3. A code of conduct. 4. Prohibits breach of the public trust by any attempt to realize personal gain by a public employee through conduct inconsistent with the proper discharge of the employee’s duties. Strong ethical principles are required for public procurement personnel and many professional bodies adhere to published codes of ethics.
  • Purchasing Ethics