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FTM 408 > EXAM 1 > Flashcards

EXAM 1 Flashcards

to prepare for Exam 1 (50 cards)

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1
Q

The three pillars of sustainability

A

Economic
Social
Enviromental

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2
Q

Triple bottom line

A

People, Planet, Profit

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3
Q

Goals of Sustainability

A
  1. To end poverty and hunger
  2. Better standards of education and healthcare
  3. Gender equality
  4. Sustainable economic growth
  5. Environmental factors
  6. Health to the land, air, and sea
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4
Q

Goals of sustainability concepts

A
  1. Nature having rights
  2. People have stewardship of the world
  3. The importance of having people at the forefront of solving global issues
  4. Managing the environment and consumption is key
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5
Q

Simularities between
Corportate Sustainability & Corporate Social Sustainability

A
  1. Run companies to be ethically profitable
  2. Companies make a positive impact on those around them
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6
Q

Corporate Sustainability vs. Corporate Social Sustainability

MOTIVATION differences

A

CS - creates new opportunities for emerging markets
CSS - protects a companies reputation

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7
Q

Corporate Sustainability vs. Corporate Social Sustainability

TARGET differences

A

CS - looks at whole value chain
CSS - opinion formers

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8
Q

Corporate Sustainability vs. Corporate Social Sustainability

VISON differences

A

CS - looks forward and deveopls sustainable strategy for the future
CSS - Looks backward and reflects onwhat has been done to contribute to society

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9
Q

Key events in history that influenced sustainability concerns

A
  1. Industrial revolution
    - Poor working and living conditions
  2. Arts and crafts movement
  3. Pop culture from the 70s
  4. Triangle shirtwaist factory fire
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10
Q

How many years did it take for the UN Sustainability Goals to develop

A

3 years

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11
Q

How many UN member countries agreed to develop these goals

A

197

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12
Q

How many people were involved with the UN Sustainability Goals

A

8 million

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13
Q

How many goals in the UN Sustainability Goals

A

17 goals

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14
Q

How many targets in the UN Sustainability Goals

A

167 targets

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15
Q

What are the six terms to describe the global textile industry

A
  1. Global
  2. Dynamic
  3. Consumer centric
  4. Competitive
  5. Large
  6. diverse
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16
Q

What is included in the FTAR compex

A
  1. Fiber
  2. Yarn
  3. Fabric
  4. Finishing
  5. Manufacturing
  6. Distribution
  7. Consumer
  8. retail
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17
Q

Risks related to social sustainable communities

A
  • Corruption
  • Illegal behavior
  • Refusing to pay taxes
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18
Q

Corruption

A

The abuse of entrusted power for private gain. Can be classified as grand, pretty, and politiacal

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19
Q

Impacts of corruption

A

Costs lives
Freedom
Health
money

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20
Q

four main categories of corruption impact

A

Political
Economically
Corrodes social fabric
Environmental

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21
Q

impact of different cultures

Study These Flashcards
A
  • Belief system and values are varied
  • Multinational companies must consider impact on culture and values of employees
  • Culture is important when finding easy to reconcile differences
22
Q

Risk associated with cultural misunderstandings

Study These Flashcards
A
  • Working outside of jurisdictions that are unfamiliar
  • Undermining companies own code of conduct
  • Developing codes of conduct
23
Q

Industy charactersitsics that make it suscieptible to social sustainability issues

Study These Flashcards
A
  • Highly labor intensive
  • Inexpensive
  • Constant demand
  • Low cost driven
24
Q

Historically makes it suscieptible to social sustainability issues

Study These Flashcards
A

Working conditions
Unsafe working environments
Low wages
Long hours
abuse

25
The industry has moved
To areas with lower wages and fewer regulations enforced
26
example of social sustainability issue
Nike air jordan Alleged abuse of child workers in indonesia
27
when was AIP - (apperal industry partnership) established
Established in the summer of 1996
28
AIP - (apperal industry partnership)
a standard that measures Goods manufactured under reasonable and humane working conditions
29
What codes of conduct typically include
Corporate principles Management philosophy Compliance codes
30
What is necessary for code of conduct to be effective
Credible Depends on the level of auditing, and enforcing, and transparency
31
The purpose of codes of conduct
Improve working conditions in factories
32
Who conducts audits
first, second, and third party
33
First party
Internal
34
Second party
Fashion brand
35
third party
Independent organization
36
Methods used to conduct audits
Visual observation Financial audit Interviews
37
How many people are in forced labor
50 million
38
How many people in forced labor are in the apperal industry
27 mil
39
How many people in forced labor are in the apperal industry are kids
4 mil
40
What characteristics make up a vulnerable population
Poor Uneductated’ Weak Children Women Minorities Family members
41
Structural issued related to workplace hazards
unsafe, fire
42
what are the four different types of hazards in the apparel industry
Physical hazards, Ergonomics, Chemical hazards, Psychological
42
Examples throughout the supply chain of workplace hazards
Fiber spinning Yarn spinning Fabric production
43
Factors relating to stress related issued throughout the supply chain
Low pay Noise Piece work Long hours Precarious positions Ability to congregate and leave complex
44
Ecolabeling
Voluntary method of environmental performance certifiction that identifies products and sevices proven to be environmentally preferable within a specific company Certified by an impartal third party
45
Type 1
Ecolabels - Based on criteria from a third party and are multi issue
46
Type 2
- green claims Self declarations by manufacturers or retailers Risk of green washing
47
Type 3
Product info conveyed through a list of data
48
confusion with ecolabels
Overlapping Lack of harmonization Regional
48
Ecolabel details
Supply chain phases Social and environmental attributes Mutal regognition with other ecolables Requriments to acheive certifications Compliance type Target audience

FTM 408 (2 decks)

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