Supply Chain Management Professional (SCMP) · Question
Which of the following is a key characteristic of ethical sourcing?
Ethical sourcing involves considering social, environmental, and human rights factors in addition to economic factors when selecting suppliers.
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Question: Which of the following is a key characteristic of ethical sourcing?
Answer options: ✅ Ensuring fair labor practices and environmental sustainability from suppliers
- Sourcing solely based on the lowest price
- Ignoring supplier social responsibility initiatives
- Prioritizing short-term cost savings over long-term impact
Correct answer: Ensuring fair labor practices and environmental sustainability from suppliers
Explanation: Ethical sourcing involves considering social, environmental, and human rights factors in addition to economic factors when selecting suppliers.
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