Discuss the ethics of continuing to do business with firm

Assignment Help Business Management
Reference no: EM132524507

You should use brief headings to separate your post into the four sections.

Assume you are a manager of a large heavy equipment manufacturing company. Your company currently outsources the manufacturing of a specialized piece of equipment to a firm in another country overseas. The outsourcing of this piece of equipment has saved your organization a considerable amount of money and has increased profits by 15%.

A recent newspaper article has revealed that this overseas firm is paying their employees only a few dollars a day, and their employees often work long hours. While you are not the only company that uses this firm, your company was specifically named in the newspaper article. You have been asked by your CEO to make a decision on whether or not to continue to do business with this firm.

Select one of the following bullet points for your initial post:

Discuss the ethics of continuing to do business with this firm. In this discussion evaluate the economic, legal and ethical issues. Describe how a written code of ethics might impact your decision.

Describe any factors you would consider in making a decision to continue or discontinue doing business with this organization. Include any factors that might seem relevant but are not actually relevant.

State the process you would follow to make your decision, provide your decision, and explain the decision-making style you have used.

Prepare a SWOT analysis of your decision.

Reference no: EM132524507

Questions Cloud

How your private-sector organization has overcome difficulty : How your private-sector organization has overcome the difficulty of hiring women to jobs in an industry that historically has attracted only men.
How much money would that have brought a company : With regard to carrying inventory, how does it impact revenue? How much money would that have brought a company if it was sold and how do you calculate that
Explain what is makes the example creative : Explain what it is that you think makes the example "creative" and briefly describe what you think creativity is. Is creativity a quality?
What is the value of limited brands stock : Financial analysts forecast Limited Brands (LTD) growth rate for the future to be 12.5 percent. What is the value of Limited Brands stock
Discuss the ethics of continuing to do business with firm : Discuss the ethics of continuing to do business with this firm. In this discussion evaluate the economic, legal and ethical issues.
What journal entry will be required to admit Donald : Donald has been invited to become a partner in the House and Biltsky Partnership. What journal entry(ies) will be required to admit Donald
Explain values associated with sport and the dominant values : Discuss the relationship between the values associated with sport and the dominant values in your country. To what extent are these sets of values
How your organization address the creation of global effort : Differentiate between talent management for global versus national efforts and how your organization would address the creation of a global effort if one.
How much expense should be deducted from revenues : In completing the engagement in question 3.4, Gale incurs $2000 of expenses in March, How much expense should be deducted from revenues

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd