Question: some main poonts from this article Authors: Source: Document Type: Subject Terms: Abstract: Villena, Vernica H. Giola, Dennis A2 Harvard Business Review Mar/Apr2020, Vol. 98
some main poonts from this article
Authors: Source: Document Type: Subject Terms: Abstract: Villena, Vernica H. Giola, Dennis A2 Harvard Business Review Mar/Apr2020, Vol. 98 Issue 2, p84-93, 10p, 3 Color Photographs Article *Suppliers "International business enterprises *Business & the environment "Business networks Sustainability D Increasingly, multinational corporations (MNCS) are pledging to procure the materials and services they need from companies committed to fair labor practices and environmental protections. But the reality is that their suppliers- especially those at low levels of the chain-often violate sustainability standards, exposing MNCS to senious financial and social risks. To explore this problem-and identify solutions-the authors studied the supply networks of three MNCS deemed to be sustainability leaders. These companies engage in behaviors that are worth emulating, for example, they have established long-term sustainability goals, and they try to cascade good practices all the way down to lower-ter suppliers, using a combination of direct, indirect, industrywide, and global strategies. But all MNCS have more work to do to develop sustainable supply networks. They must emphasize social and environmental responsibility, along with economic considerations, at every level of the supply chain. They must give their procurement officers better training and ENG US
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
