In Supply Chain Management, Ethical Issues

question 32

Multiple Choice

In supply chain management, ethical issues:

• A) are particularly important because of the enormous opportunities for abuse.
• B) may be guided by company rules and codes of conduct.
• C) become more complex the more global is the supply chain.
• D) may be guided by the principles and standards of the Institute for Supply Management.
• E) All of these are true.

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Definitions:

Hawley-Smoot Tariff

A U.S. law enacted in 1930, which raised import duties to protect American businesses and farmers, adding strain to the international economic climate of the Great Depression.

Economy

The system of production, distribution, and consumption of goods and services within a particular geographic region.

Tariff Rates

Tariff rates are taxes imposed by governments on imports or exports of goods, used as a tool for economic policy.

Mexican Americans

Americans of Mexican descent, often with a heritage tracing back to cultural and familial ties with Mexico, representing one of the largest Hispanic groups in the United States.