Podcast
Questions and Answers
What is sustainable procurement?
What is sustainable procurement?
- Procuring goods and services in a way that meets current needs without compromising the ability of future generations to meet their needs (correct)
- Procuring goods and services without considering environmental impact
- Procuring goods and services without considering ethical standards
- Procuring goods and services at the lowest cost without considering social impact
Why is corporate social responsibility (CSR) important?
Why is corporate social responsibility (CSR) important?
- To minimize costs by disregarding ethical standards
- To maximize profits without considering social impact
- To address social, environmental, and economic performance issues (correct)
- To focus solely on economic performance
What are the benefits of sustainable procurement?
What are the benefits of sustainable procurement?
- Unchanged environmental impact, increased costs, and neutral supplier relationships
- Increased environmental impact, reduced cost savings, and strained supplier relationships
- Reduced environmental impact, cost savings, and improved supplier relationships (correct)
- No impact on the environment, increased costs, and deteriorated supplier relationships
What are the challenges in sustainable procurement?
What are the challenges in sustainable procurement?
What is the concept of sustainability?
What is the concept of sustainability?