Public Procurement as a Social, Economic and Political Policy - Assignment Example

A company benefits a lot by undertaking procurement appropriately. Appropriate procurement reduces a company’s expenditure and increases profits (Meredith & Shafer 2013).
Procurement facilitates the acquisition of goods and services in both private and public organizations. An effective procurement process is executed on the grounds of ethical sourcing and purchasing. I must, however, mention that procurement and supply chain management have given rise to unethical practices that violate rules and the set codes of conduct. For example, when rendering processes are not conducted in the right way, suppliers can solicit consideration by offering bribes and other incentives (Mathenge 2012). The issue of bribes coincides with your interpretation of the Bible. In your essay, you stated, “Proverbs 22:16 tells us not to do this for the sole reason of increasing the money in our own pockets.” The issue of giving and taking bribes in the procurement process is unethical because it is done for monetary gain only. I support your view that when procuring services, the personnel involved should work for the benefit of the company and not to enrich individuals. Read More