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For many businesses worldwide, bribes are “just the cost of doing business” – a sacrifice to the cause of receiving lucrative kickbacks and contracts. However, the impact of bribery-tainted supply chains on global commerce is immense. There are certain measures that can be undertaken to minimize instances of corruption.
In this whitepaper you will learn:
- How and why corruption occurs in supply chains
- The profit versus penalty of receiving kickbacks within an organization
- How prequalifying suppliers can minimize risk of supply chain corruption
Corporate social responsibility (CSR)
Sustainability
Financial risk
Government regulations
Procurement
Risk management
Supply chain risk
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