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Based on the results of a study conducted in 1988 in conjunction with the Center for Advanced Purchasing Studies (CAPS), Janson concluded, "Ethical challenges have dramatically increased for purchasing personnel as well as for management in general."[1] With the business environment in general becoming increasingly competitive and tumultuous in recent years, those in the purchasing and materials management profession continue to face a very challenging ethical environment. This article reports the key findings and implications of a recent study of NAPM members - both C.P.M.s and non C.P.M.s - conducted to get an updated and expanded picture of the ethical environment faced ...