MGM 399 Exam Prep Questions with Correct
Solutions
sustainability
meeting the needs of the present without compromising the needs of the future
Triple bottom line
people, planet, profits
Five capitals model
natural, human, social, manufactured, financial
Evolution of sustainability
1. Defensive 2. Compliant- auditing suppliers, company codes 3. Managerial -
links between business and issues standardized codes 4. Strategic - collaboration
with suppliers, less paternalism 5. Civil - industry and stakeholder collaborations
Corporate social responsibility
-philanthropic
-risk based
-image driven
-specialized
-standardized
, -marginal
-western
Corporate sustainability
-collaborative
-reward-based
-performance-driven
-integrated
-diversified
-scalable
-global
Qualities of sustainable organizations
mission and values, centrality to strategy, top management support measures,
stakeholder engagement, systems alignment
Sustainability practices
internal: employee involvement, work life balance, health and safety, life cycle
analysis, plant certifications, social and environmental accountability; external:
community collaboration, supplier certification, public reporting, philanthropy
Driving down costs
Solutions
sustainability
meeting the needs of the present without compromising the needs of the future
Triple bottom line
people, planet, profits
Five capitals model
natural, human, social, manufactured, financial
Evolution of sustainability
1. Defensive 2. Compliant- auditing suppliers, company codes 3. Managerial -
links between business and issues standardized codes 4. Strategic - collaboration
with suppliers, less paternalism 5. Civil - industry and stakeholder collaborations
Corporate social responsibility
-philanthropic
-risk based
-image driven
-specialized
-standardized
, -marginal
-western
Corporate sustainability
-collaborative
-reward-based
-performance-driven
-integrated
-diversified
-scalable
-global
Qualities of sustainable organizations
mission and values, centrality to strategy, top management support measures,
stakeholder engagement, systems alignment
Sustainability practices
internal: employee involvement, work life balance, health and safety, life cycle
analysis, plant certifications, social and environmental accountability; external:
community collaboration, supplier certification, public reporting, philanthropy
Driving down costs
