Podcast
Questions and Answers
Which of the following best describes a conflict of interest?
Which of the following best describes a conflict of interest?
- A situation where an individual is financially benefiting from a business decision
- A situation where an individual's personal interests conflict with their professional duties (correct)
- A situation where an individual is giving preferential treatment to family members or friends
- A situation where an individual is involved in corruption, bribery, or fraud
What is one of the key elements of ESG principles in sourcing activities?
What is one of the key elements of ESG principles in sourcing activities?
- Promotion of corruption and bribery
- Strict financial metrics
- Lack of commitment to fighting modern slavery
- Adherence to sustainable practices (correct)
What is the potential consequence of a conflict of interest?
What is the potential consequence of a conflict of interest?
- Increased financial gain
- Improved decision-making process
- Enhanced professional duties
- Unethical or inappropriate actions (correct)
Which organization is responsible for defining a broad range of fundamental human rights and freedoms?
Which organization is responsible for defining a broad range of fundamental human rights and freedoms?
What is the purpose of transparency in managing conflicts of interest?
What is the purpose of transparency in managing conflicts of interest?
What can be the consequences of a conflict of interest in business transactions?
What can be the consequences of a conflict of interest in business transactions?
What are human rights?
What are human rights?
Which organization conducts research into potential human rights abuses, lobbies governments to uphold human rights, and runs campaigns to raise awareness of human rights violations?
Which organization conducts research into potential human rights abuses, lobbies governments to uphold human rights, and runs campaigns to raise awareness of human rights violations?
What is the term for contemporary forms of enslavement that persist today, despite legal abolitions of slavery?
What is the term for contemporary forms of enslavement that persist today, despite legal abolitions of slavery?
Which organization enforces the Human Rights Act 1998 and the Equality Act 2010 in the UK?
Which organization enforces the Human Rights Act 1998 and the Equality Act 2010 in the UK?
What is one sign procurement professionals can look out for to detect modern slavery within supply chains?
What is one sign procurement professionals can look out for to detect modern slavery within supply chains?
According to the text, what proactive approach can be taken to counteract modern slavery?
According to the text, what proactive approach can be taken to counteract modern slavery?
What is the purpose of the Modern Slavery Act 2015 in the UK?
What is the purpose of the Modern Slavery Act 2015 in the UK?
What consequences did QuickBites Corp. face after being associated with forced labor?
What consequences did QuickBites Corp. face after being associated with forced labor?
What did QuickBites Corp. pledge to do in order to rectify the situation?
What did QuickBites Corp. pledge to do in order to rectify the situation?
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