34.12.1 - Choosing Ethically Responsible Suppliers
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Practice Questions
Test your understanding with targeted questions
What does ethical procurement consider beyond price?
💡 Hint: Think about the multiple criteria mentioned in class.
Name one certification that suppliers should have to show environmental compliance.
💡 Hint: These are important regulations regarding materials and environmental standards.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is a key consideration in ethical procurement?
💡 Hint: Remember the elements discussed regarding labor.
True or False: Environmental compliance is optional in supplier selection.
💡 Hint: Think back to how it was emphasized in our discussions.
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Challenge Problems
Push your limits with advanced challenges
Evaluate a fictional supplier ABC Corp. They have low prices but are reported to use unethical labor practices. Discuss the potential risks of choosing them.
💡 Hint: Consider how public perception can impact a business.
A company has two potential suppliers: Supplier A is ethical but more expensive, while Supplier B is cheaper but has ethical concerns. Discuss how the company should decide.
💡 Hint: What is more important for the company's reputation?
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