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Explain the difference between procurement and sourcing? Between sourcing and outsourcing?
Utilitarian View
A perspective in ethics focusing on the outcomes of actions, suggesting that actions are right if they benefit the majority or lead to the greatest overall happiness.
Treating People
The manner in which individuals are dealt with or managed in personal, social, or professional contexts, often reflecting attitudes towards respect, dignity, and fairness.
Guiding Rules
Principles or directives that influence decision-making and behavior within an organization.
Variation in Values
Refers to the differences in beliefs, priorities, or principles among individuals or groups within a society or organization.
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