Scenario
You have just received a promotion to Chief Sustainability Officer for Cassidy Incorporated. Recently, the company was fined for engaging with suppliers and vendors that did not employ ethical and environmentally sound practices. Your first task is to create part of the company’s Corporate Social Responsibility (CSR) Plan dealing with supplier and vendor relationship management.
Instructions
NOTE: Your research and writing should align with the concepts discussed in the modules and lectures.
In Microsoft Word, create the section of the Corporate Social Responsibility (CSR) Plan that will contain a synopsis of how Cassidy Incorporated can reassess the impact of their supplier and vendor strategies, tactics, and ethics on their competitive advantage and sustainability.
Your Corporate Social Responsibility (CSR) Plan should include:
- Give consideration to the previous supplier and vendor relationship that was explained in the scenario and create a new supplier and vendor relationship philosophy to increase the effectiveness of the CSR plan.
- An explanation of how Cassidy Incorporated can use CSR in their supplier and vendor relationship strategies
- An explanation of how Cassidy Incorporated can use ethical practices in their business relationships with suppliers and vendors
- A recommendation for how Cassidy Incorporated can optimize the triple bottom line to support their competitive advantage and sustainability practices for suppliers and vendor management
- Attribution for credible sources