A Short Assignment: Sustainability
Answer the following questions on Sustainability.
1. What are some benefits to improved sustainability of a supply chain?
2. What are some challenges that limit the effort put in by supply chains to improve sustainability.
3. Describe the “tragedy of the commons” in the context of supply chain sustainability. What are some “mutually coercive” mechanisms that could be implemented to encourage supply chain sustainability?
4. Discuss some reasons that we do not see more recycling or remanufacturing of products.
Solution Preview
Improved sustainability is the best way to monitor the growth and development of a country and also raise the living standards of the citizen. An improvement in the growth facilitates the utilization of all resources from the environment as there is pressure to produce more. A supply chain contributes towards the innovating of products and services to cater the stakeholder’s demands (Chopra, & Meindl, 2013). Finally, the global standards when it comes to production also depend on the sustainability of the supply chain.
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