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Which of the following is an example of responsible management in a global environment? (A) Clearing rainforests to grow crops for fast-food outlets (B) Creating a tax-avoidance scheme to increase profits for shareholders (C) Considering the employment practices of potential overseas suppliers (D) Establishing production processes to increase employment without safety training - HSC - SSCE Business Studies - Question 9 - 2005 - Paper 1
Question 9
Which of the following is an example of responsible management in a global environment? (A) Clearing rainforests to grow crops for fast-food outlets (B) Creating a... show full transcript
Worked Solution & Example Answer:Which of the following is an example of responsible management in a global environment? (A) Clearing rainforests to grow crops for fast-food outlets (B) Creating a tax-avoidance scheme to increase profits for shareholders (C) Considering the employment practices of potential overseas suppliers (D) Establishing production processes to increase employment without safety training - HSC - SSCE Business Studies - Question 9 - 2005 - Paper 1
Step 1
Considering the employment practices of potential overseas suppliers
Answer
Responsible management in a global environment involves an ethical approach to supply chain considerations, focusing on the employment practices of suppliers. This includes evaluating working conditions, ensuring fair wages, and promoting human rights. By considering these factors, businesses can contribute positively to the communities in which they operate, fostering a fair and sustainable global marketplace.