Читать книгу Supplier Diversity For Dummies - Kathey K. Porter - Страница 26

Compliance with the law

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Although simply staying out of trouble was the prevailing reason for diversity measures in the beginning, it’s still a relevant goal today. The government remains the only entity that can mandate the utilization of a business based on its socioeconomic status. Though many supplier diversity practitioners’ focus is on small businesses, corporations and other public entities (local governments, higher education institutions, hospitals, and so on) have relationships with the federal government. Corporations make up a large portion of government contractors, and many smaller public institutions receive federal funding in the form of grants. Thus, each of them is required to comply with the mandate that a portion of their project be set aside for small and diverse businesses.

Supplier Diversity For Dummies

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