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Supply Chain Ethics Dilemma Quiz

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Questions and Answers

According to the scenario, what action should the CEO take in response to the supplier's use of child labor?

Continue working with the supplier as before

Engage in remediation efforts (correct)

Gradually transition away from the supplier

Terminate the supplier contract immediately

What is the potential consequence of terminating the supplier contract immediately?

Negative impact on the company's reputation

Job losses in the supplier's community (correct)

No consequences

Increased costs for sourcing products

What is the main concern of the CEO in this scenario?

Maximizing profits

Ensuring community development

Protecting the company's reputation

Supporting fair labor practices (correct)

What is the suggested approach for transitioning away from the supplier?

<p>Gradually phase out the supplier</p> Signup and view all the answers

What action should the CEO take to address the supplier's use of child labor?

<p>Engage in remediation efforts</p> Signup and view all the answers

Study Notes

CEO's Response to Child Labor

The CEO should take immediate action in response to the supplier's use of child labor, considering both ethical and financial implications.
The potential consequence of terminating the supplier contract immediately is disruption to the company's operations and potential financial losses.

CEO's Concerns

The CEO's main concern is the ethical implication of the supplier's use of child labor, along with the potential reputational damage to the company.

Transitioning Away from the Supplier

The suggested approach for transitioning away from the supplier involves a gradual and strategic plan to minimize disruptions and ensure a smooth transition.

Addressing Child Labor

The CEO should take a proactive and ethical approach to address the supplier's use of child labor, balancing the need to protect the company's reputation with the need to ensure a stable supply chain.

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Description

Supply Chain Ethics Dilemma Quiz: Test your decision-making skills as the CEO of a global retail company facing a moral dilemma. Explore the complexities of sourcing products from a supplier that employs child labor. Should you prioritize ethical considerations or consider the potential job losses in the supplier's community? Take this quiz to assess your understanding of supply chain ethics and critical thinking in business.