Example of harmful global sourcing in business

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Reference no: EM133022676

TOPIC Harmful Global Sourcing Give an Example of a Business that experience Harmful Global Sourcing

Global sourcing is the procurement of products or services from suppliers located abroad. In a typical scenario, the focal firm buys parts and components from foreign companies that manufacture such goods, or the firm may establish its own factories abroad. However, global sourcing raises concerns about ensuring human rights and protecting the environment. Some companies operate illicit sweatshop factories in which employees are children or work long hours for very low wages, often in harsh conditions. Suppliers might operate factories that generate much pollution. The use of third-party suppliers is challenging for firms such as Nike and Philips with thousands of partners that operate in a range of cultures and belief systems worldwide.

  • Give Example of Harmful Global Sourcing in Business
  • Give Example of a Specific Brand or Business using Harmful Global Sourcing

Reference no: EM133022676

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