SCMN 3730 –exam 2024/2025 with 100%
CORRECT-ANSWERS
Scope 2 emissions - CORRECT ANSWERindirect greenhouse gas emissions
associated with the generation of purchased electricity, heating/cooling, or steam off
site, through a utility provider for the entity's consumption
Scope 3 emissions - ...
SCMN 3730 –exam 2024/2025 with 100%
CORRECT-ANSWERS
Scope 2 emissions - CORRECT ANSWERindirect greenhouse gas emissions
associated with the generation of purchased electricity, heating/cooling, or steam off
site, through a utility provider for the entity's consumption
Scope 3 emissions - CORRECT ANSWERemissions that occur outside a company's
boundary, but over which it has some control
water scarcity - CORRECT ANSWERdepletion of water sources
water pollution - CORRECT ANSWERdegradation of available water sources
water stress - CORRECT ANSWERthe lack of available water of sufficient quality for
desired purpose
virtual transfers - CORRECT ANSWERthe buying company exports pollution to the
supplier while the supplier exports resources to the buying company
Circular Economy - CORRECT ANSWERAims to keep resources in use for as long as
possible, extract the maximum value from them whilst in use, then recover and
regenerate products and materials at the end of their life
Industrial Ecology - CORRECT ANSWERthe study of the physical, chemical, and
biological, interactions and interrelationship within and between industrial and ecological
systems
Industrial Symbiosis - CORRECT ANSWERthe sharing of services and by-product
resources among industries to add value, reduce costs and improve the environment
Forms of Circular economy - CORRECT ANSWER-Closed loop supply chain
-Product as Service
-industrial Symboisis
Closed Loop Supply Chain - CORRECT ANSWERproduct is recovered after use to be
disassembled by the original manufacturer to be used in making new products
, Product as Service - CORRECT ANSWERSimilar in concept to a closed loop supply
chain, but rather than selling the product the use of the product is sold with the return of
the product an up-front requirement
Industrial Symbiosis - CORRECT ANSWERThe use of waste products from one
organization as an input of value in another organization
Challenges of circular economy - CORRECT ANSWER-Information Asymmetry
-Logistics
-Purity of Material
Global Sourcing Reasons for Expansion - CORRECT ANSWER1. Increase revenue
2. Achieve economies of scale
3. Reduce direct cost
4. Advance technology
5. Reduce firm's global tax liability
6. Reduce market access uncertainty
7. Enhance sustainability
What is the rational for increased revenue? - CORRECT ANSWER-open up more
markets
-expand beyond competitors
-obtain accessibility to markers that limit access without local operations
What is the rationale for achieving economies of scale? - CORRECT ANSWER-take
advantage of available production capacity
What is the rational for reducing direct cost? - CORRECT ANSWER-take advantage of
lower labor rates or real estate expenses
-reduce energy requirements by reducing distance or changing transportation mode
-take advantage of difference in production requirements
What is the rational for advancing technology? - CORRECT ANSWER-obtain access to
advance technology that may nor be available from current locations due to historical
investments
-obtain access to specialized expertise or language skills
What is the rationale for reducing a firm's global tax liability? - CORRECT ANSWER-
obtain local or regional tax benefits related to property, inventory, or income
-obtain reductions in value-added-taxes due to localized production or other value-
added services (i.e. packaging, inventory management, customization)
What is the rationale for reducing market access uncertainty? - CORRECT ANSWER-
source product from location that involves less transportation uncertainty
-secure product from location that involves fewer security constraints
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