HFT 4224 EXAM 3 PRACTICE QUESTIONS
WITH ANSWERS.
What are the two fisher man from dock to dish that are an example of? - Innovative
supplier collaboration
Philanthropy - helps all stakeholders
What happened in 2004 after the Rhum Barbancourt? What were some of the way the
company helped improve the quality of life on the island? - -paid over minimum wage
-open community center
-scholarship funds
-do jobs by hand
-paid benefits
-built a soccer complex
Walmart is a company that is not usually welcomed by communities. Name two
companies that are generally welcomed by communities and why. - Union Square
Hospitality (shake shack) and the Four Seasons (give jobs to locals & not import
employees) because both companies are involved in helping the community
How are most companies organized/ oriented today? - NOT vertically, more horizontally
(asset like)
What are different things you can do to trusting relationship with your suppliers? -
Creative solutions, long term deals, not undercutting suppliers, equal stakeholder,
paying on time
What is the golden rule and would the authors of conscious capitalism agree with this
rule? - Humanistic approach to how we should interact with people. Think if you were on
the other side of the relationship how you would feel. Yes they would (true)
comapniens held w/ jerusalem - .........
What are stakeholders different ways whole foods engages with the community? - Micro
loan bank, lunch program (salad bar?) for any school that wants it, mini peace core
program, revenue share it nights (stakeholders would benefit from these)
What are 2 reasons that we need to take issues of the environment seriously now? -
Global population boom (large amount of consumption). Global wealth boom (the more
money-more people buying things-more trees being cut down to supply the demand)
What stakeholder doesnt get as talked about or sometimes gets ignored? - The
suppliers
WITH ANSWERS.
What are the two fisher man from dock to dish that are an example of? - Innovative
supplier collaboration
Philanthropy - helps all stakeholders
What happened in 2004 after the Rhum Barbancourt? What were some of the way the
company helped improve the quality of life on the island? - -paid over minimum wage
-open community center
-scholarship funds
-do jobs by hand
-paid benefits
-built a soccer complex
Walmart is a company that is not usually welcomed by communities. Name two
companies that are generally welcomed by communities and why. - Union Square
Hospitality (shake shack) and the Four Seasons (give jobs to locals & not import
employees) because both companies are involved in helping the community
How are most companies organized/ oriented today? - NOT vertically, more horizontally
(asset like)
What are different things you can do to trusting relationship with your suppliers? -
Creative solutions, long term deals, not undercutting suppliers, equal stakeholder,
paying on time
What is the golden rule and would the authors of conscious capitalism agree with this
rule? - Humanistic approach to how we should interact with people. Think if you were on
the other side of the relationship how you would feel. Yes they would (true)
comapniens held w/ jerusalem - .........
What are stakeholders different ways whole foods engages with the community? - Micro
loan bank, lunch program (salad bar?) for any school that wants it, mini peace core
program, revenue share it nights (stakeholders would benefit from these)
What are 2 reasons that we need to take issues of the environment seriously now? -
Global population boom (large amount of consumption). Global wealth boom (the more
money-more people buying things-more trees being cut down to supply the demand)
What stakeholder doesnt get as talked about or sometimes gets ignored? - The
suppliers
