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NEW QUESTION 43
SA 8000 is an alternative to which ISO?

A. 0B. 1C. 2D. 3

Answer: D

Explanation:
Explanation
SA8000 is Social Accountability, this is an alternative to ISO 20400 which is Sustainable Procurement. This is explained on p.53 of the study guide. ISOs are a popular exam topic, so ensure you know these four mentioned here before the exam

 

NEW QUESTION 44
Company X is a large manufacturer of cosmetics and household products. It operates in 57 different countries and has large and complex supply chains. The brand's popularity is partly due to the cheap price of the products compared with its competitors and Company X has recently discovered that child labour has been used within its supply chain. In response to this Company X has donated a large amount of money to charity.
What is this an example of?

A. triple bottom line thinkingB. greenwashingC. business continuity planningD. corporate social responsibility

Answer: B

Explanation:
Explanation
This is Greenwashing. Greenwashing is the process of using a good deed to cover up unethical responsibility.
See p. 45. In this example Company X has thrown some money at a charity in order to cover up the fact it has child labour issues within the supply chain. See https://en.wikipedia.org/wiki/Greenwashing

 

NEW QUESTION 45
A company with a large risk appetite would do which of the following?

A. take all risksB. take risks where it feels it will win more than it losesC. avoid taking risksD. take few, well calculated risks

Answer: B

Explanation:
Explanation
2 is the correct answer. Risk appetite is the level of risk that an individual or organisation is comfortable taking (p.4). Having a large risk appetite does not mean that you want to take every risk (as that would be irresponsible), rather, a large risk appetite means you're more likely to gamble and take calculated risks, even though they might not pay off. A small risk appetite would describe options 3 and 4 - taking few risks, or none at all.

 

NEW QUESTION 46
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