One of the Biggest Ethical Risks in Supply Chain Management

question 41

Multiple Choice

One of the biggest ethical risks in supply chain management is that the __________ supply chain member tends to be the one that suffers the blame and/or lost goodwill when something goes wrong.

• A)most responsible
• B)buying
• C)most visible
• D)supplying
• E)most ethical

Recognize shifts in social trends, including attitudes towards gender, health and wellness, and environmental concerns.

Analyze the influence of demographic and generational cohorts on market segmentation and consumer behavior.

Understand how economic factors such as inflation and currency fluctuations affect consumer purchasing behavior.

Grasp the significance of ethnic diversity in shaping marketing strategies.

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Definitions:

Socio-Cultural

Referring to the social and cultural dimensions or factors that influence an individual's behavior, values, and perceptions.

Technological

Relating to or involving technology, especially in the context of new and innovative digital or electronic devices.

Natural Environment

The physical, biological, and chemical surroundings in which living organisms interact and are affected.

Environmental Capital

The natural assets of the planet, including air, water, and land, which provide goods and services crucial for human welfare and economic activities.