Certified Professional in Supplier Diversity (CPSD) Practice Test 7

Scenario: Mr. Smith, a procurement manager at XYZ Corporation, receives a proposal from a potential supplier for a critical component required for production. The supplier, ABC Manufacturing, offers a competitive price but has a history of labor rights violations in their overseas factories. Mr. Smith is torn between choosing ABC Manufacturing for their competitive pricing and ensuring ethical sourcing practices. What should Mr. Smith prioritize in this situation?