Question

A 2016 survey of senior supply chain managers from more than 1300 global firms found that the primary reason for engaging in supplier social responsibility was to improve the financial bottom line. true false

Answer 1

Answer: False

Step-by-step explanation:

As the world gets more socially and environmentally conscious (at least in the public eye) when it comes to doing business, companies are starting to implement measures that will ensure that their business practices are in line with socially acceptable norms in business.

One such measure relates to supplier social responsibility. The 2016 survey of senior supply chain managers from more than 1300 global firms showed that companies are increasingly ensuring supplier social responsibility not because of their bottom-line but because it is the right thing to do.

For instance western companies producing in China through third parties ensuring that those third parties treat their employees with respect and compensate them adequately.