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Old 11-26-2007, 06:25 PM   #21 (permalink)
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Old 11-26-2007, 06:40 PM   #22 (permalink)
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Old 11-26-2007, 06:46 PM   #23 (permalink)
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Isn't that a racist policy?
Corporations that have supplier diversity programs require certification in order to prevent fraud and to prove that they are using diverse suppliers, especially in instances where government contracts mandate that a portion of business be directed to minority- and women-owned firms.

What's in this for the large companies providing these programs? Oftentimes it's a chance to market to a segment of the population they're interested in targeting. It's also a way for corporations to build wealth or promote economic development in underserved communities that may be a future customer base.

The certification by no means guarantees that a small-business owner will land a lucrative contract with a Fortune 500 client. But it provides access — a foot in the door — to big corporations' supplier diversity programs.
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