5.6.4 Ethical considerations in supply chain management

    Cards (20)

    • The supply chain encompasses all stages from sourcing raw materials to delivering the final product to the consumer
    • What is one of the primary objectives of supply chain management?
      Reducing costs
    • Improving efficiency in supply chains involves streamlining processes
    • Enhancing customer satisfaction is a key objective of supply chain management.
    • Match the concept with its definition:
      Supply Chain ↔️ All stages from raw materials to consumer delivery
      Supply Chain Management ↔️ Planning and coordination of supply chain stages
    • Ethical considerations in business include environmental sustainability and fair labor practices.
    • Key areas of ethical business considerations include environmental sustainability, fair labor practices, and ethical sourcing
    • What is an example of environmental sustainability in ethical business practices?
      Using recycled materials
    • What does ethical sourcing ensure in supply chains?
      Ethical standards compliance
    • Ethical issues in supply chains undermine ethical business practices and require proactive measures.
    • Match the ethical issue with its definition:
      Child Labor ↔️ Using children under legal working age
      Forced Labor ↔️ Exploiting workers against their will
      Unsafe Working Conditions ↔️ Hazardous environments lacking safety measures
    • Which company faced ethical concerns for exploiting child labor in shoe factories?
      Nike
    • Supplier audits in supply chains help identify and address unethical activities
    • What is one example of a certification program for ethical supply chain management?
      Fair Trade
    • Enhancing customer satisfaction is a primary objective of supply chain management.
    • Match the ethical consideration with its definition:
      Environmental Sustainability ↔️ Protecting the environment by reducing waste
      Fair Labor Practices ↔️ Ensuring fair wages and safe conditions
      Ethical Sourcing ↔️ Purchasing goods from ethical suppliers
    • Which company faced public protests for harsh working conditions in its factories?
      Apple
    • Supplier audits in ethical supply chain management help identify and address unethical activities
    • Ethical supply chain management builds trust among customers, employees, and investors.
    • What is the difference between regulations and standards in ethical supply chain management?
      Mandatory vs voluntary