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What are the ethical issues in supply chain management?

User Ascandroli
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Final answer:

Ethical issues in supply chain management encompass corporate responsibility for social, economic, and environmental problems, fair labor practices, and the ethical use of emerging technologies including artificial intelligence and biotechnology.

Step-by-step explanation:

Among the ethical issues in supply chain management, corporate responsibility for social, economic, and environmental impacts stands out. Firms face challenges when it comes to ensuring fair labor practices and addressing the complexities introduced by emerging technologies. Changing labor policies and engaging more deeply with their workforce can help address some of the labor rights issues, and sharing technology can aid in creating more efficient supply chains. However, the implementation of ethical practices and codes of ethics can be difficult, especially with the advent of new tech like artificial intelligence.

For sustainability, companies need to manage their supply chain's environmental footprint, which includes factors like deforestation and water usage. The fashion industry, for instance, has faced scrutiny for environmental and unethical labor practices, leading consumers to demand greater accountability. Biotechnology in the supply chain also poses ethical, legal, and social issues, such as the safety of genetically modified foods and the ownership of genetic information.

User Czarek
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