Which of the following strategies is key to sustainable sourcing?

Question

Quizplus · Accepted Answer

Sustainable sourcing involves taking into account the long-term impact of procurement on people, profit, and the planet. This means considering factors such as environmental impact, social responsibility, and economic viability. It goes beyond just purchasing goods and services at the lowest possible cost, and instead focuses on making purchasing decisions that promote sustainability and social responsibility. Purchasing at fair prices (Option C) and promoting positive social change (Option D) are both important aspects of sustainable sourcing, but they are not the key strategy. Option A is not a sustainable sourcing strategy as it focuses on exploiting global efficiencies in production rather than promoting sustainability and social responsibility.

Which of the Following Strategies Is Key to Sustainable Sourcing