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Most Fortune 500 companies have a supplier diversity program with specific and measurable goals including spending targets. The benefits of a supplier diversity program include:

Carbon footprint is the total amount of greenhouse gases emitted directly or indirectly by an individual, organization, event, or product, usually measured in carbon dioxide equivalents. 

Goldman Sachs’ decision not to take companies public without diverse board representation was driven by evidence showing that companies with diverse boards outperform those with homogeneous boards. More specifically, Goldman Sachs requires IPO (initial public offering) clients to have at least _________ women on the board. 

Some corporate community involvement efforts (giving and support) can lead to additional sales for the firm. Identify two (2) CCI initiatives that drive higher revenue for the firm (or that have the potential to drive higher revenue. Be specific. (Corporate Social Responsibility)

Boeing Corporation, as a federal contractor, has a goal of “5% spend” with minority-owned, woman-owned, and/or disabled-veteran-owned business enterprises. Their total spend is for Boeing’s Defense, Space, and Security segment is $26B. To-date, the firm has spent $520M with diverse suppliers. How much more with Boeing need to spend with diverse suppliers this year? 

By year end, Boeing believes that it can realistically purchase a total of $800M in goods and services directly from its Tier 1 diverse suppliers. Given this estimate for Tier 1, what should be the annual estimated spend with Tier 2 and Tier 3 suppliers. 

_____________________________ is the firm’s ability to identify and track the components that make up a final product. It allows a producer, distributor, or supplier to inspect for any issues that may arise before or after the product reaches the customer or client. 

The practice of businesses operating ethically and contributing positively to society and the environment, beyond their financial interests, is known as corporate social responsibility. 

The DEI strategy for many firms begins with ______________________________, which is the entire process building a talented team of employees through external recruitment. 

The Blau Index, also known as the __________________________, is a statistical measure used to quantify the level of diversity within a leadership team or group. Developed by sociologist Peter Blau, the index ranges from 0 to 1, where 1 represents maximum diversity.