Exam 4: Ethical and Sustainable Sourcing

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Cutting back on packaging,fuel,or electricity is an example of:

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

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Green purchasing refers to suppliers planting trees for a designated dollar amount in a negotiated contract.

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Creating strategic supplier alliances benefits firms by increasing the performance and value of suppliers as well as increasing brand awareness.

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Because internationally recognized certifications like ISO 9000 are becoming so common among suppliers,it is becoming more important that purchasing firms develop internal certification programs that are geared toward the specific needs of the purchasing organization.

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

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Green purchasing is a practice of purchasing products that contain a special green dye.

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Benchmarking is:

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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?

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The following term refers to an act that creates the greatest good for the greatest number of people:

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Which of the following is a trend in ethical and sustainable sourcing?

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