BUAD 331 Final Exam (Exam 4 Portion) Questions and Answers 2024

Patagonia "Cause no unnecessary harm" Example - Correct Answer 1. Fix sustainability by going deep into the supply chain→ Suppliers 2. Farms supplying down feathers to Patagonia were force feeding Geese to fatten their livers for foie gras 3. Brokers charging migrant workers thousands of dollars for job placement in Taiwan 4. Abuse of sheep in South America Ranches, Wool sold to Patagonia Starbucks "Ethical Sourcing" Example - Correct Answer 1. Coffee must meet high standards 2. Suppliers must submit evidence of payments made through the coffee supply chain to demonstrate how much Starbucks pays for green coffee from the farmers 3. Safe fair human working conditions Fat Tire Beer Example - Correct Answer 1. 7 lbs CO2 per 6 pack 2. They have decreased their carbon footprint per barrel as they grow 3. To be accountable for environmental impact through product life cycle, 68.4% of Fat Tire's carbon footprint comes from electricity and production/transport of Glass, Barley and Malt 4. Fat Tire Removed cardboard dividers from 12 packs 5. Fat Tire decreased water usage in beer creation 6. Fat Tire's Landfill Diversion Rate increased to 99.8% Sustainability - Correct Answer 1. Meeting the needs of the present without compromising the ability of the future generations to meet their own needs 2. Achieving a balanced union of ecological harmony, social enrichment, and economic vitality 3. A company cannot be truly sustainable without taking a supply chain approach to sustainability Supply Chain Focus Movement - Correct Answer Supply Chains are moving away from obsessive focus on a single low cost global supply chain and towards a model that recognizes regional "pods" of matched demand and supply Challenges of global SCM - Correct Answer 1. Cost pressure 2. The Environment 3. Raw material scarcity 5. Etc... EPIC Framework - Correct Answer 1. Economy -Wealth or resources of a country or region in terms of production and consumption 2. Politics -The means by which state policy is enforced, and determined