To formalize its dedication to sustainability in inventory sourcing, Gap monitors its inventory suppliers based on its own Code of Vendor Conduct (COVC), which uses a color-coded system to rate the quality of suppliers’ sustainability. What percentage of The Gap’s supplier facilities were rated as red in 2016? In 2019? Gap attempts to identify and resolve COVC issues of its suppliers. Issues include factors such as workers’ well-being, human rights violations, and negative environmental impact. If these issues cannot be resolved, Gap will create an exit plan to no longer use the supplier. How many open COVC issues did Gap have at the start of its fiscal year on February 1, 2019? Which country had the most open COVC issues?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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To formalize its dedication to sustainability in inventory sourcing, Gap monitors its inventory suppliers based on its own Code of Vendor Conduct (COVC), which uses a color-coded system to rate the quality of suppliers’ sustainability. What percentage of The Gap’s supplier facilities were rated as red in 2016? In 2019? Gap attempts to identify and resolve COVC issues of its suppliers. Issues include factors such as workers’ well-being, human rights violations, and negative environmental impact. If these issues cannot be resolved, Gap will create an exit plan to no longer use the supplier. How many open COVC issues did Gap have at the start of its fiscal year on February 1, 2019? Which country had the most open COVC issues?

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