Logout Open In App
Open In App
Warning: foreach() argument must be of type array|object, bool given in /var/www/html/web/app/themes/studypress-core-theme/template-parts/header/mobile-offcanvas.php on line 20

Chapter 3: Q16-9PE (page 421)

Question:When a firm works with suppliers to look for opportunities to save money and benefit the environment.

Short Answer

Expert verified

Answer

Green sourcing.

Step by step solution

01

Step-by-Step Solution Step 1: Green Sourcing

Green sourcingis also known as “Environmentally Preferable Purchasing”. Green sourcing means purchasing or re-purchasing the goods or materials with the purpose of not causing any harm to the environment and also to human health. It is totally related to keeping the environment safe.

02

Importance of Green Sourcing

Focusing on green sourcingreduces the emission of the greenhouse effect and also reduces the cost that is involved in the vehicles, fuels, etc. because it totally focuses on the concept of a “Green Environment”.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Start your free trial

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report:

a. Compute the inventory turnover ratio (ITR).

b. Compute the weeks of supply (WS).

What is the term used for a company moving management of the complete cycle of material flow to an outside provider?

In some JIT systems, marked spaces on a table or the floor identify where material should be stored. Supplying operations are signaled to produce more when the space is empty. What are these spaces called?

Question:Eliminating the queue of work dramatically quickens the time it takes apart to flow through the system. What are the disadvantages of removing those queues?

What term refers to a schedule that pulls material into the final assembly at a constant rate?
See all solutions

Recommended explanations on Business Studies Textbooks

Business Case Studies

Read Explanation

Organizational Communication

Read Explanation

Managers

Read Explanation

Managerial Economics

Read Explanation

Strategic Analysis

Read Explanation

Organizational Behavior

Read Explanation
View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free