What concept is defined as the ability to meet the needs of current supply chain members without hindering the ability to meet the needs of future generations in terms of economic, environmental, and social challenges?
A) Sustainability
B) Ethical purchasing
C) Corporate social responsibility
D) Business ethics

Question

Quizplus · Accepted Answer

Sustainability is defined as the ability to meet the needs of current supply chain members without hindering the ability to meet the needs of future generations in terms of economic, environmental, and social challenges. Ethical purchasing focuses on purchasing practices that align with ethical standards, while corporate social responsibility pertains to a company's responsibility towards society as a whole. Business ethics refers to ethical principles applied in the business context. Although all of these concepts are important for responsible supply chain management, sustainability is the most appropriate answer to the given question.

What Concept Is Defined as the Ability to Meet the Needs