What does it mean to boycott a business?

CIPS Managing Ethical Procurement and Supply Test is designed to enhance your understanding of ethical practices in procurement. Study with comprehensive questions and explanations. Prepare effectively for your exam!

Boycotting a business means refusing to purchase products or services from that company, typically as a response to actions or behaviors that are perceived as unethical or objectionable. Individuals or organizations may choose to boycott as a form of protest to express dissatisfaction, influence change in business practices, or raise awareness about specific issues, such as labor conditions, environmental practices, or corporate governance.

By refusing to support the business financially, consumers can put pressure on the company to change its practices or policies. This method of advocating for ethical behavior can effectively encourage companies to reconsider their operations and align more closely with the values and expectations of their customers.

The other choices do not accurately describe the act of boycotting. Collaborating with multiple suppliers suggests a strategy for procurement rather than an act of protest. Endorsing a company publicly implies support and approval, while entering into a formal contract denotes a business agreement that does not align with the refusal implied in a boycott.

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