Supply Chain MNGT Test 1 (CH.4)

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

Supplier certification program

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

Sustainable sourcing

One standard which is measured in environmental supplier certification is:

The suppliers' recycled content

Sustainable sourcing policies should include which of the following?

Use of renewable energy

In designing an ethical and sustainable strategy a firm might make use of which of the following?

Use performance measures to identify weaknesses

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

Using suppliers who are reducing their carbon footprint Discontinuing purchases from firms that use unacceptable labor practices Reducing the number of delivery miles traveled

Which of the following terms refers to an act that creates the greatest good for the greatest number of people:

Utilitarianism

A service where key customers ask suppliers to take on the job of store level replenishment planning is called:

Vendor managed inventory

The Ethical Trading Initiative (ETI) does NOT include which of the following

Workers receive a 30 minute break for an 8 hour shift

A fair trade product refers to one that is manufactured or grown by a disadvantaged producer in a developing country that receives for its goods.

A fair price

Leading companies practicing sustainable sourcing and seeking to reduce costs would NOT use which of the following strategies?

Backward integration to purchase suppliers

Which of the following is NOT a step suggested in the Supply Chain Sourcing Strategy Framework?

Certify suppliers as ISO 9001 compliant

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

Ethical Sourcing

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

Ethical sourcing

______________ considers the public consequences of organizational buying

Ethical sourcing

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

Forest Stewardship Council (FSC) certification Energy Star certification Fair Trade certification

The use of environmental supplier certification programs assists companies by which of the following?

Identifying strategic alliance candidates

Sustainability reporting is ______________ for American companies

Largely a voluntary effort

All of the following are reasons for the increasing use of ethical and sustainable sourcing practices EXCEPT

Legislation requiring corporate ethical and sustainable sourcing

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

People, planet, profit