GGR252H5 Lecture Notes - Lecture 6: Materialism, Disconnection, Carbon Footprint

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29 Oct 2018
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Consumption: common to modern society, threat to. Possessions & acquisition centre of ones life. Impact on personal well-being & quality of life, unrealistic standards of living. Impulse buying: time spent in shopping malls. Perception of spending of (cid:494)important(cid:495) others in life. Facilitates impulse purchases, affective responses, social pressures. Easier to dispose than repair / modify. Do not associate personal consumption & environmental damage. Do not negatively associate personal consumption with ethical or social justice problems. Globalization & supply chain management: leveraging of supply chain partners for competitive advantage, global sourcing. Corporate responsibility: perceptions affect the image of the brands and firms. Inconsistency /lack of standardization in certification: global sourcing. Difficult to monitor / vouch for all aspects of the supply chain. Components manufactured, assembled and branded in many different countries. Corporate responses: encourage suppliers to accept socially responsible practices, organic food, fair trade, kimberley process certification, marketing / labeling to communicate practice to consumers.

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