Oracle E-Business Suite R12.1 Purchasing Essentials Quiz 03 15Nov24 - Practice Quiz

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Question 1 of 30

In a manufacturing company aiming to enhance its sustainability practices, the procurement team is tasked with selecting suppliers for a new product line. They must consider not only cost and quality but also the environmental and social impacts of their suppliers. Which approach should the procurement team prioritize to align with sustainable procurement principles?

Evaluate suppliers based on their sustainability certifications and practices, ensuring they meet specific environmental and social standards.

Focus primarily on the lowest cost suppliers to maintain competitive pricing, regardless of their sustainability practices.

Select suppliers based solely on their historical performance in delivering quality products, without considering their sustainability efforts.

Choose suppliers based on their geographical proximity to reduce shipping costs, while overlooking their sustainability credentials.

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