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CIPS Exam L6M10 Topic 1 Question 7 Discussion

Actual exam question for CIPS's L6M10 exam
Question #: 7
Topic #: 1
[All L6M10 Questions]

Five companies from different industries are participating in a sustainability summit where they discuss and share their approaches to integrating the triple bottom line (TBL), corporate social responsibility (CSR), and green logistics into their business operations. The companies include:

EcoElectronics Inc. - An electronic device manufacturing company with a focus on environmentally friendly products. The company is committed to reducing its carbon footprint by using recycled materials in its products and minimizing electronic waste.

SocialSolutions Ltd. - A consulting firm specializing in social impact initiatives and community development. Their commitment to social impact involves working closely with local communities, implementing initiatives that empower individuals, and fostering sustainable development.

ProfitablePharma Corp. - A pharmaceutical company committed to balancing financial success with social and environmental responsibility. Beyond financial profitability, the company places a high value on moral pharmaceutical practices. This includes ensuring affordable access to medications and minimizing environmental impact in the manufacturing process.

ModernTrans Logistics - A logistics company that specializes in sustainable and eco-friendly carriage solutions. The company invests in a modern and eco-friendly fleet, utilizing alternative fuels and optimizing routes to reduce emissions.

TechInnovate Innovations - A technology company striving to incorporate green practices in its supply chain and operations. Their commitment includes sourcing ethically produced raw materials and adopting energy-efficient manufacturing processes, minimizing environmental impact while driving innovation in the technology sector.

You are required, for each company, to align the primary focus area and recommend the key factor.

Q: What is the recommended key factor for ProfitablePharma Corp.?

Show Suggested Answer Hide Answer
Suggested Answer: B

The recommended key factor for ProfitablePharma Corp. is 'Ethical Business Practices', ensuring they maintain moral pharmaceutical practices and provide affordable access to medications. [P 166-169]


Contribute your Thoughts:

Esteban
4 days ago
I see your point, Justine. Sustainable product design and manufacturing could also be a key factor for ProfitablePharma Corp. to consider.
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Miesha
4 days ago
Haha, I bet the employees at ProfitablePharma Corp. are really 'profitable' with their 'moral' practices. But in all seriousness, B seems like the best answer here.
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Audry
5 days ago
I'm torn between B and D. While ethical business practices are important, sustainable product design and manufacturing could also be a key factor for the pharma company. They need to consider both social responsibility and environmental impact.
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Justine
6 days ago
D) Sustainable Product Design and Manufacturing
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Alease
6 days ago
I agree with Louis. B is the right answer here. Moral pharmaceutical practices should be the top priority for ProfitablePharma Corp., not just financial profitability.
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Amie
7 days ago
I agree with Esteban, ProfitablePharma Corp. should focus on ethical business practices to balance financial success with social and environmental responsibility.
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Esteban
13 days ago
B) Ethical Business Practices
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Louis
23 days ago
Definitely B. Ethical business practices are crucial for a pharmaceutical company like ProfitablePharma Corp. Ensuring affordable access to medications and minimizing environmental impact are key factors that align with their commitment to balancing financial success with social and environmental responsibility.
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Larae
2 days ago
D) Sustainable Product Design and Manufacturing
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Rima
3 days ago
I agree, ethical business practices are essential for a pharmaceutical company like ProfitablePharma Corp.
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Howard
7 days ago
B) Ethical Business Practices
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