Unscrupulous foreign suppliers to deceive inspection

Assignment Help Financial Management
Reference no: EM132066372

Detecting unethical practices at supplier factories, to include monitoring and compliance, is a major challenge to say the least. Yet, wages drive cost and it’s an absolute necessity to maintain the lowest cost in production of any good. Or is it???

This week, focus on debate! Start or select a fellow student's side, and either support, or argue against, that position.

But be constructive in your approach.

1. Discuss how important is it for companies such as Nike and Wal-Mart that source extensively from foreign suppliers located in countries where wages are low and substandard working conditions are common to institute supplier codes of conduct and undertake programs to monitor and ensure supplier compliance with these codes of conduct?

2. Would you recommend that a company join the Fair Labor Association and use FLA’s standards and program of factory audits instead of trying to set up its own supplier monitoring and compliance effort?

3. What can a company do to detect and combat the efforts of unscrupulous foreign suppliers to deceive inspection/compliance teams?

Reference no: EM132066372

Questions Cloud

Sales forecast is based on projected levels of demand : The sales forecast is based on projected levels of demand. All the numbers are expressed in today’s dollars.
Analysis for determining price for purchasing property : This assignment is to create an analysis for determining a price for purchasing a property, by projecting rents, expense pass through, expenses,
Discuss the risks and benefits of obs activities to bank : Discuss how an OBS activity moves onto the balance sheet as an asset or liability and discuss the risks and benefits of OBS activities to a bank.
Functional level to improve post efficiency-product quality : Identify and give examples of the steps that can be taken at the functional level to improve Post’s efficiency, product quality, ability to innovate,
Unscrupulous foreign suppliers to deceive inspection : What can a company do to detect and combat the efforts of unscrupulous foreign suppliers to deceive inspection/compliance teams?
Productivity index far below industry average : Low income /employee and high cost/employee –i.e. productivity index far below industry average?
Earnings per share and return on equity : Earnings Per Share and Return on Equity?
Focus to an outcomes-achievement focus : Consider the fact that nurses our knowledge workers, how does nursing move from a task-completion focus to an outcomes-achievement focus?
Federal health care agencies : Overall, compare and contrast the oversight of each of these federal health care agencies.

Reviews

Write a Review

Financial Management Questions & Answers

  You own a security that provides an annual dividend

You own a security that provides an annual dividend of $170 forever. The security’s annual return is 7%. What is the present value of this security? Round your answer to the nearest cent

  Seldom have risk-increasing attributes

Off-balance-sheet activities generally have risk-reducing attributes, but seldom have risk-increasing attributes.

  Unsecured sources of short-term loans personal finance

Calculate the total interest cost over 180 days for a fixed-rate loan. Which is the lower-interest-cost loan for the next 180 days?

  Company is considering two expansion plans

The Copious Brewing Company (CBC) is considering two expansion plans.

  The value of this bond if it paid interest annually

What would be the value of this bond if it paid interest annually?

  What is amount of lee initial required minimum distribution

Lee, a single individual, turned 70 on November 13, 20X2. The fair market value of his 401(k) plan was $400,000, $425,000 and $385,000 on January 1, 20X2, January 1, 20X3, and January 1, 20X4, respectively. The factors, according to the Uniform Life ..

  When an annuitant receives liquidation payments

When an annuitant receives liquidation payments, part of the payment is a return of principal and is thus exempt from Federal Income tax. The tax-exempt portion of the payment is calculated using the

  Do you think this is a fair system

It's the percentage that may not be fair since the wealthy individual is able to keep 87% of very large earnings. Do you think this is a fair system?

  To hedge the interest-rate risk on these bonds

To hedge the interest-rate risk on these bonds over the coming year, should you buy call or put options?

  What is yearly business loan payment

You intend to borrow $50,000 for the start-up of a new business. The new business loan agreement says you will pay the loan back in five equal yearly installments beginning at the end of the third month. What is yearly business loan payment? What is ..

  Based on the net present value should the project

Compute the net present value. Based on the net present value should the project be undertaken?

  What is opportunity cost associated

what is the opportunity cost associated with using the unused capacity for the new product?

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