Exam 4: Ethical and Sustainable Sourcing

Sustainable sourcing is a rather common practice among firms in many industries.What are THREE possible benefits companies practicing sustainable sourcing seek to achieve:

(Essay)

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Question 21

Which of the following could be an ethical and environmental certification requirement?

(Multiple Choice)

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Question 22

There are just a small number of resources available for firms seeking to learn about and implement successful sourcing practices.

(True/False)

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Question 23

It is considered unethical for a firm to intentionally buy from women-owned businesses.

(True/False)

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Question 24

Some businesses refer to sustainability in terms of supporting the three P's.This stands for:

(Multiple Choice)

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Question 25

Convincing your supplier to cutting back on packaging, fuel, or electricity is an example of:

(Multiple Choice)

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Question 26

Promoting diversity by intentionally buying from small firms or ethnic minority businesses is an example of:

(Multiple Choice)

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Question 27

The purchasing department at Big Horn Sheep Corporation decided to intentionally increase purchases from small, underdeveloped nations.This decision can be considered:

(Multiple Choice)

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Question 28

Benchmarking is the practice of watching the mistakes other businesses do and trying to avoid the same mistakes.

(True/False)

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Question 29

Sustainable sourcing practices include promoting diversity by intentionally buying from ethnic minority businesses.

(True/False)

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Question 30

Rewarding suppliers for maintaining high levels of performance is an important step used in maintaining a successful strategic alliance program.

(True/False)

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Question 31

As described in the text, a "fair trade product" refers to selling and purchasing products without a cash transaction.

(True/False)

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Question 32

The main benefit(s) from benchmarking sourcing practices is/are:

(Multiple Choice)

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Question 33

Which of the following is TRUE?

(Multiple Choice)

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Question 34

Home Depot is a retail leader in selling home improvement tools and materials.Home Depot wants to become more environmentally conscious. Answer the following series of questions in an effort to develop a plan that will guide Home Depot executives into transforming Home Depot into a sustainable organization through green sourcing. a.Define sustainability. b.Outline a set of goals (FOUR) that would lead Home Depot down a sustainable path. c.How do these goals make sense from both a financial and environmental perspective? d.What are some ways supplier managers can aid in achieving these goals?

(Essay)

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Question 35

ISO 14000 may play a role in a firm's.

(Multiple Choice)

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Question 36

Demands by customers for companies to become more ethically and environmentally focused have placed added pressures on firms to improve their performance in supply chain management.

(True/False)

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Question 37

Why do firms assess their sourcing capabilities?

(Multiple Choice)

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Question 38

It is best for firms to learn through their own experiences the methods and tools that work the best, rather than benchmarking.

(True/False)

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Question 39

Environmental supplier certifications can be used to identify rogue suppliers before they can cause problems.

(True/False)

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Question 40

Showing 21 - 40 of 63

Sustainable sourcing is a rather common practice among firms in many industries.What are THREE possible benefits companies practicing sustainable sourcing seek to achieve:

Which of the following could be an ethical and environmental certification requirement?

There are just a small number of resources available for firms seeking to learn about and implement successful sourcing practices.

It is considered unethical for a firm to intentionally buy from women-owned businesses.

Some businesses refer to sustainability in terms of supporting the three P's.This stands for:

Convincing your supplier to cutting back on packaging, fuel, or electricity is an example of:

Promoting diversity by intentionally buying from small firms or ethnic minority businesses is an example of:

The purchasing department at Big Horn Sheep Corporation decided to intentionally increase purchases from small, underdeveloped nations.This decision can be considered:

Benchmarking is the practice of watching the mistakes other businesses do and trying to avoid the same mistakes.

Sustainable sourcing practices include promoting diversity by intentionally buying from ethnic minority businesses.

Rewarding suppliers for maintaining high levels of performance is an important step used in maintaining a successful strategic alliance program.

As described in the text, a "fair trade product" refers to selling and purchasing products without a cash transaction.

The main benefit(s) from benchmarking sourcing practices is/are:

Which of the following is TRUE?

ISO 14000 may play a role in a firm's.

Demands by customers for companies to become more ethically and environmentally focused have placed added pressures on firms to improve their performance in supply chain management.

Why do firms assess their sourcing capabilities?

It is best for firms to learn through their own experiences the methods and tools that work the best, rather than benchmarking.

Environmental supplier certifications can be used to identify rogue suppliers before they can cause problems.

Introduction to Supply Chain Management

Purchasing Management

Creating and Managing Supplier Relationships

Demand Forecasting

Resource Planning Systems

Inventory Management

Process Management: Lean and Six Sigma in the Supply Chain

Domestic U.S.and Global Logistics

Customer Relationship Management

Global Location Decisions

Service Response Logistics

Supply Chain Process Integration

Performance Measurement Along the Supply Chain

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