Certification in Supplier Diversity Practice Exam

Which principle is NOT part of the ISM principles related to supplier diversity?

1. Diversity and inclusive supply base

2. Human resource management

3. Diversity and inclusiveness workforce

4. Human rights

The correct answer is: Human resource management

The principle of human resource management is not directly aligned with the specific focus of the ISM principles related to supplier diversity. Supplier diversity primarily emphasizes the development and inclusion of a diverse supply base, which involves the engagement of various suppliers from underrepresented groups to promote equality in procurement processes. This approach advocates for fairness and representation in the business landscape, encouraging organizations to partner with a broad range of suppliers reflecting diverse backgrounds and experiences. The inclusion of the workforce diversity and human rights often interrelates with supplier diversity initiatives but focuses more on internal management practices rather than the external relationships with suppliers. Thus, while human resource management is critical for organizational effectiveness, it does not encapsulate the essence of supplier diversity as defined by ISM principles, which prioritize diversity and inclusiveness in the supply chain rather than in employment practices.