Working with Third Parties: Partnering Responsibly for Shared Advantage (Summary)

Businesses need to leverage the skills and resources of their vendors, contractors, consultants, distributors, and other partners to increase their chance of success and best serve customers. But all organizations have their own values, culture, standards, objectives; these differences can cause conflicts among partners, sometimes leading to conduct that the other finds questionable, or that even is illegal. A business needs to carefully manage its relations with its third parties to avoid or reduce risks of unethical conduct and increase the chance of success. Each individual has an important role in helping the organization to manage these third-party relationships. This course introduces and summarizes the key elements for responsibly working with third parties.

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