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How can companies address supply chain complexity and reduce the risks of labor exploitation in international business?
  • a)
    Implement robust monitoring and auditing processes.
  • b)
    Establish strict ethical sourcing policies.
  • c)
    Partner with suppliers who adhere to ethical standards.
  • d)
    All of the above.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
How can companies address supply chain complexity and reduce the risks...
Companies can address supply chain complexity and reduce the risks of labor exploitation in international business by implementing robust monitoring and auditing processes, establishing strict ethical sourcing policies, and partnering with suppliers who adhere to ethical standards. This involves carefully vetting suppliers, conducting regular audits to ensure compliance with ethical guidelines, and taking action against any suppliers found to engage in unethical or illegal practices. By prioritizing ethical sourcing and supply chain management, companies can mitigate the risks associated with labor exploitation and protect their reputation.
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How can companies address supply chain complexity and reduce the risks of labor exploitation in international business?a)Implement robust monitoring and auditing processes.b)Establish strict ethical sourcing policies.c)Partner with suppliers who adhere to ethical standards.d)All of the above.Correct answer is option 'D'. Can you explain this answer?
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How can companies address supply chain complexity and reduce the risks of labor exploitation in international business?a)Implement robust monitoring and auditing processes.b)Establish strict ethical sourcing policies.c)Partner with suppliers who adhere to ethical standards.d)All of the above.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about How can companies address supply chain complexity and reduce the risks of labor exploitation in international business?a)Implement robust monitoring and auditing processes.b)Establish strict ethical sourcing policies.c)Partner with suppliers who adhere to ethical standards.d)All of the above.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How can companies address supply chain complexity and reduce the risks of labor exploitation in international business?a)Implement robust monitoring and auditing processes.b)Establish strict ethical sourcing policies.c)Partner with suppliers who adhere to ethical standards.d)All of the above.Correct answer is option 'D'. Can you explain this answer?.
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