In Supply Chain Management,ethical Issues

question 33

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 the above are true.

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Definitions:

Quantity Discount

A reduction in price given to customers who purchase large volumes of a product, incentivizing bulk purchases.

Financing Charges

The costs associated with borrowing money, including interest, service charges, and any other fees designated by the lender.

List Price

The manufacturer's suggested retail price for a product, before any discounts or allowances.

Small Changes

Minor modifications or adjustments made to processes, products, or behaviors, often with the intention of improving efficiency, quality, or outcomes.