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FTM 408 > EXAM 1 > Flashcards

EXAM 1 Flashcards

to prepare for Exam 1

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

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

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

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

Historically makes it suscieptible to social sustainability issues

A

Working conditions
Unsafe working environments
Low wages
Long hours
abuse

25
Q

The industry has moved

A

To areas with lower wages and fewer regulations enforced

26
Q

example of social sustainability issue

A

Nike air jordan
Alleged abuse of child workers in indonesia

27
Q

when was AIP - (apperal industry partnership) established

A

Established in the summer of 1996

28
Q

AIP - (apperal industry partnership)

A

a standard that measures
Goods manufactured under reasonable and humane working conditions

29
Q

What codes of conduct typically include

A

Corporate principles
Management philosophy
Compliance codes

30
Q

What is necessary for code of conduct to be effective

A

Credible
Depends on the level of auditing, and enforcing, and transparency

31
Q

The purpose of codes of conduct

A

Improve working conditions in factories

32
Q

Who conducts audits

A

first, second, and third party

33
Q

First party

A

Internal

34
Q

Second party

A

Fashion brand

35
Q

third party

A

Independent organization

36
Q

Methods used to conduct audits

A

Visual observation
Financial audit
Interviews

37
Q

How many people are in forced labor

A

50 million

38
Q

How many people in forced labor are in the apperal industry

A

27 mil

39
Q

How many people in forced labor are in the apperal industry are kids

A

4 mil

40
Q

What characteristics make up a vulnerable population

A

Poor
Uneductated’
Weak
Children
Women
Minorities
Family members

41
Q

Structural issued related to workplace hazards

A

unsafe, fire

42
Q

what are the four different types of hazards in the apparel industry

A

Physical hazards, Ergonomics, Chemical hazards, Psychological

42
Q

Examples throughout the supply chain of workplace hazards

A

Fiber spinning
Yarn spinning
Fabric production

43
Q

Factors relating to stress related issued throughout the supply chain

A

Low pay
Noise
Piece work
Long hours
Precarious positions
Ability to congregate and leave complex

44
Q

Ecolabeling

A

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
Q

Type 1

A

Ecolabels
- Based on criteria from a third party and are multi issue

46
Q

Type 2

A
  • green claims
    Self declarations by manufacturers or retailers
    Risk of green washing
47
Q

Type 3

A

Product info conveyed through a list of data

48
Q

confusion with ecolabels

A

Overlapping
Lack of harmonization
Regional

48
Q

Ecolabel details

A

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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