When suppliers lose the trust of the supply chains they depend on, it can have catastrophic consequences. But having an assurance failure in any part of an established supply chain doesn’t have to equal the end of a business.
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Reciprocal business in itself is not unethical. It is perfectly alright to buy from customers. However, it will be unethical if a potential supplier is given importance during negotiations just because the supplier is an existing customer.
Organizations can measure and enhance the effectiveness of their corporate wellness programs at every stage of their evolution. Proactive evaluation planning and wellness program audits are the keys to success.
In recent years, the scope and importance of internal auditing as part of an organization’s management control structure has increased considerably. This expanding role has changed the responsibilities that are put on internal auditors.
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