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Consider the Case Where a Large Firm Tells Its Suppliers

question 151

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Consider the case where a large firm tells its suppliers that even if they require terms of net 30, the large firm is going to take 60 days to pay. The large firm essentially tells its suppliers to take the terms or lose the account. Is this ethical? Would this impact small suppliers more than large suppliers? Explain.


Definitions:

Environmental Condition Indicator

A metric or measure used to assess the environmental performance or impact of an activity, product, or organization.

Management Performance Indicator

A metric used by organizations to evaluate the effectiveness and efficiency of managers in achieving business goals.

ISO14031

An international standard providing guidelines and suggestions for environmental performance evaluation within organizations.

Environmental Management Systems

Structured frameworks designed to help an organization manage its environmental responsibilities and improve environmental performance.

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