How is this addressed in the ama statement of ethics

Assignment Help Management Theories
Reference no: EM131242143

Cameron Stock, purchasing manager for a sports equipment manufacturer, is responsible for buying $5 million of supplies every year. He has a preferred list of certified suppliers who are awarded a large percentage of his business. Cameron has been offered a paid weekend for two in Las Vegas as a Christmas present from a supplier with whom he has done business for a decade and built a very good relationship.

1 Would it be legal and ethical for Cameron Stock to accept this gift?

2 How is this addressed in the AMA Statement of Ethics? Go to the AMA Web site at www.marketingpower.com/About AMA/ and reread the Statement of Ethics. Write a brief paragraph summarizing where the AMA stands on the issue of supplier gifts

Reference no: EM131242143

Questions Cloud

How far and in what direction does joe need to walk : As all the other students walk off following the instructions, Joe physics student quickly adds the displacements and walks in a straight line to find the treasure. How far and in what direction does Joe need to walk?
What are main advantages of using a network-based approach : What are the main advantages of using a network-based approach to project management rather than a Gantt chart? Under what circumstances might a Gantt chart be preferable to a network-based approach?
What if the decision involved a very expensive purchase : Now look at your list of acceptable gifts through various lenses. Would your list change if the purchasing manager's buying decision involved a low-cost item (say, pens)? Why or why not? What if the decision involved a very expensive purchase (lik..
Rocket upon impact on the ground : The rocket continues to rise in unpowered flight, reaches maximum height, and falls back to the ground with negligible air resistance. The speed of the rocket upon impact on the ground is closest to?
How is this addressed in the ama statement of ethics : How is this addressed in the AMA Statement of Ethics? Go to the AMA Web site at www.marketingpower.com/About AMA/ and reread the Statement of Ethics. Write a brief paragraph summarizing where the AMA stands on the issue of supplier gifts
Explain pricing strategies and tactics to be used by company : Explain the pricing strategies and tactics to be used by your company. Research the various combinations of strategies that could be used by the company at different times. Include rationale.
Resistance acting upon the rock at this instant : At a given instant in time, a 10-kg rock is observed to be falling with an acceleration of 5.5 m/s2. What is the magnitude of the force of air resistance acting upon the rock at this instant? Round the final answer to the nearest whole number.
Review the following list of common types of gifts and favor : Review the following list of common types of gifts and favors. Put a check mark next to the items that you think it would be acceptable for a purchasing manager to receive from a vendor.
What is the weight of a 30-kg mass : What is the weight of a 30-kg mass? Use g = 9.8 m/s2. Round the final answer to the nearest whole number.

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd