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Question 1

Which of the following is an example of a closed-loop supply chain?

Options :

A : a clothing retailer donates 5% of the profits back to the suppliers

B : customers return packaging back to the shop

C : a food manufacturer is certified as fair trade

D : a supply chain has integrated technology to apply more accurate demand forecasts

Answer: B

Question 2

Charlie is 13 years old and sometimes helps his parents in their corner shop on weekends, while attending school during the week. Is this an example of child labour?

Options :

A : Yes “ any work by under 16s is child labour

B : Yes “ Charlie should report his parents to the police

C : No “ Charlie is old enough not to be a child

D : No “ helping in a family business does not count as child labour

Answer: D

Question 3

Creating value responsibly for shareholders would sit under which aspect of the sustainability triple bottom line?

Options :

A : Legal

B : Social

C : Environmental

D : Economic

Answer: D

Question 4

What is a monopsony?

Options :

A : there is only one supplier of a good

B : there is only one buyer of a good

C : there is only one product available in the market

D : there is only one market to sell the good in

Answer: B

Question 5

2022-01-08-15-23-15-5ff256843b7f730e8810dbd6542f5a44

Which of the following will you put into box 2?

Options :

A : increase business profits

B :

increase market share

C : desire to improve CSR

D : desire to innovate

Answer: B