OM6 ONLINE-LMS INTEGRATED ACCESS
6th Edition
ISBN: 9781337118323
Author: Collier
Publisher: CENGAGE L
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Chapter 1, Problem 13PA
Summary Introduction
Interpretation: The perspectives of sustainability are to be determined along with the way it influences the personal purchasing decisions and the irrelevancy of the exploitation of these perspectives towards the marketing initiatives.
Concept Introduction:Corporate sustainability is how an organization delivers its products and services through creating a long-term stakeholder value. Any business is responsible in investing on the three perspectives namely, economic, environment and society.
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Discuss how the three perspectives of sustainability influence (or perhaps, should influence) your personal purchasing decisions. For example, do you consider whether apparel is made in safe and ethical factories? Should companies exploit their sustainability efforts for marketing purposes? Why or why not?
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Chapter 1 Solutions
OM6 ONLINE-LMS INTEGRATED ACCESS
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- Discuss how the three perspective of sustainability influence ( or perhaps, should influence) your personal purchasing decision. For example, do you consider whether apparel is made in safe and ethical factories? Should companies exploit their sustainability effort for marketing purposes? Why or why not?arrow_forwardwhy does business have an impact on environmental sustainability ?arrow_forwardIdentify four different stakeholders in need of sustainability information and show how their actions might affect a business.arrow_forward
- Why is sustainability a strategic goal for a business?arrow_forwardYou have just been hired as an intern with XYZ Sdn. Bhd. This company manufactures sportswear. Since you have taken a course on Energy and Sustainable Development in UNITEN, your supervisor has asked your opinion on how to improve the life-cycle sustainability of one their products, the XYZ Running Shoes. Prepare a brief outline of your recommendation, which should include FIVE (5) improvements that the company can implement to improve the sustainability of their product.arrow_forwardIf 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? Find statements of sustainability for a well-known company online and analyze that firm’s policy. Explain sustainability. Discuss the 3 R s. Explain closed-loop supply chains. How would you classify a company as green? Why are sustainable business practices important?arrow_forward
- find statement of sustainability for a well known company online and analyze firm's policyarrow_forwardEffective sustainable practices are extremely important for the firms. On the basis of online data availability, select any firm and evaluate its supply chain sustainability strategies.arrow_forwardAdd more to this paragraph below Amazon Business has a significant impact on the social aspect of sustainability. On the positive side, it provides a convenient platform for businesses to buy products and supplies, thus helping them save time and money. As well as at the individual level, Amazon has played a significant role in providing employment opportunities. The company has created over 1.3 million jobs globally in doing so amazon has significantly helped in lowering employment levels. Additionally, it offers a vast selection of products, making it easier for businesses to find what they need. Also, amazon actively work to help communities by responding to the urgent needs of reducing hunger and homelessness and investing in education for children and young adults. However, Amazon has been criticised for its treatment of workers, with some employees complaining about low pay, poor working conditions, and lack of job security. which have led to protests and strikes by…arrow_forward
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