If a firm wants to be viable and competitive, it must have a strategy for corporate social responsibility and sustainability. Operations and supply-chain managers understand that they have a critical role in a firm’s sustainability objectives. Their actions impact all the stakeholders. They must continually seek new and innovative ways to design, produce, deliver, and dispose of profitable, customer-satisfying products while adhering to many environmental regulations. Without the expertise and commitment of operations and supply-chain managers, firms are unable to meet their sustainability obligations.    Why must companies practice corporate social responsibility?

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
ChapterC: Cases
Section: Chapter Questions
Problem 3.6A
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If a firm wants to be viable and competitive, it must have a strategy for corporate social responsibility and sustainability. Operations and supply-chain managers understand that they have a critical role in a firm’s sustainability objectives. Their actions impact all the stakeholders. They must continually seek new and innovative ways to design, produce, deliver, and dispose of profitable, customer-satisfying products while adhering to many environmental regulations. Without the expertise and commitment of operations and supply-chain managers, firms are unable to meet their sustainability obligations. 

 

  1. Why must companies practice corporate social responsibility?  
  2. Find statements of sustainability for a well-known company online and analyze that firm’s policy. 
  3. Explain sustainability. 
  4. Discuss the 3 R s. 
  5. Explain closed-loop supply chains. 
  6. How would you classify a company as green? 
  7. Why are sustainable business practices important?
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