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SCM 300 Module 8 Exam 2 with verified answers /passed £8.76   Add to cart

Exam (elaborations)

SCM 300 Module 8 Exam 2 with verified answers /passed

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  • Module
  • SCM 300
  • Institution
  • SCM 300

SCM 300 Module 8 Exam 2 with verified answers /passed

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  • September 14, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SCM 300
  • SCM 300
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SCM 300 Module 8 Exam 2

Social responsibility in business - Legal and ethical behavior - correct answer ✔✔Acting within the law in
all of the nations in which they conduct business.



Social responsibility in business - Sustainability - correct answer ✔✔Earth-friendly business practices.
Having business practices, products, and services that do not harm the environment in the present nor in
the future.



Social responsibility in business - Commitment to the community - correct answer ✔✔Investing in the
well-being of the communities in which the business operates as well as the greater world.



4 reasons to be socially responsible - correct answer ✔✔1. Avoid government fines

2. Seek positive public image

3. Demonstrate to customers and employees the company's goals and values

4. Protect the company's interests



3 links between supply chain management and social responsibility - correct answer ✔✔1. Eliminate
waste

2. Legal and ethical business practices

3. Improve quality of life



3 Challenges of being socially responsible - correct answer ✔✔1. What is the right thing to do? If you
research any socially responsible product/business you will likely find detractors that it does more harm
than good.



2. Monitoring supply chain partners: Its extremely difficult to make sure all your partners are being sr



3. Tracking outcomes across the supply chain: knowing the level of the problem today and then
monitoring the outcomes of changed policies will require good relationships with supply chain partners
willing to share their data.

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