Obtain from your library a copy of the following article: Hau L. Lee, "Don't Tweak Your Supply Chain-Rethink it End to End," Harvard Business Review, October 2010, pp. 62-69. The article discusses the ways in which organizations might change the way they interact with supply chain members as they work toward improving their social and environmental impact.
Required
After reading the previously referenced article, answer the following questions:
1. Why are organizations asking supply chain partners about their environmental and social performance?
2. Generally speaking, who are the stakeholders that have an interest in improved environmental and social responsibility? In developing your response, think in terms of the extended supply chain.
3. Define the term structural change. According to the authors of this article, why should companies undertake broader structural changes than most currently do?
4. What role can management accountants play when improved environmental and social responsibility becomes a goal of an organization?