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The Essentials of Supply Chain Management: New Business Concepts and Applications by Hokey Min

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11. Legally, Ethically, and Socially Responsible Supply Chain Practices

“Corporate social responsibility is a hard-edged business decision. Not because it is a nice thing to do or because people are forcing us to do it... because it is good for our business.”

—Niall Fitzgerald, former CEO of Unilever

Learning Objectives

After reading this chapter, you should be able to:

• Understand what constitutes a triple bottom line.

• Understand how the increasing adaptation of a triple bottom line reshapes the company’s business philosophy and supply chain practices.

• Learn about the fundamental framework of the United States law and its impact on supply chain practices.

• Develop ways to resolve contract disputes wisely without damaging business partner ...

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